Recent Real Estate Deals Total $1.68M

by Arkansas Business Staff  on Thursday, Dec. 6, 2018 10:31 am   1 min read

This dormant hotel property at 704 E. 21st St. in Little Rock was once home to a Red Roof Inn. (Google Maps)

Investors Group 479 LLC of Jacksonville, led by Edward Haddock, bought one duplex in North Little Rock plus four more duplexes, one triplex and one fourplex — all in Sherwood — for $565,000.

The seller was K & E Grooms Properties LLC of Sherwood, led by Kenneth and Bettye Grooms.

The properties are at 631-633 Brierly Drive in North Little Rock and 615-617 Newcastle Drive, 623-625 Newcastle, 1303-1305 Stafford Road, 1400-1402 Stafford, 8011-8013-8015 Bronco Lane and 401 Shadow Oaks Drive, No. 228 — all in Sherwood.

Parcel Purchased
Ben Davis Properties Management LLC of North Little Rock, led by Ben and Diane Davis, sold a 9.88-acre tract at the northwest corner of U.S. 165 and Fiber Optic Drive in North Little Rock for $500,000.

The buyer was West 68th Street LLC of Conway, an affiliate of Conway’s Nabholz Real Estate Holdings.

Hotel Site Sold
Newcap Land Holdings LLC of Little Rock, led by A.J. Gilbert, bought a 2.16-acre hotel site at 704 E. 21st St. in downtown Little Rock for $275,000.

The seller was LRC Acquisition LLC of Montgomery, Alabama.

Apartment Building Bought
Tanner Capital Holdings LLC of Little Rock, led by Zeke Tanner, bought Park Hill Arms, a small apartment building at 3018 JFK Blvd. in North Little Rock, for $195,500.

The seller was Park Arms LLC of North Little Rock, led by Joseph Pullam.

Home-Office Sold
BDP Holdings LLC of Maumelle, led by Brent Medders, bought a 1,508-SF home-office property at 9911 W.Markham St. in west Little Rock for $140,000.

The sellers were the Dale & Mary Jane Pavan Revocable Trust, Willie Jean Kilpatrick and Ernest Farguharson.

 

 

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