Valley Ranch Nursing Home Sold for $7.8M


Valley Ranch Nursing Home Sold for $7.8M
Valley Ranch Nursing and Rehabilitation Center at 6411 Valley Ranch Drive in Little Rock.

This week’s string of recent million-dollar deals begins with a west Little Rock nursing home.

► Frisco Health Investments Ltd., led by Kris Compton and Jeffrey Smithers, sold the Valley Ranch Nursing and Rehabilitation Center for $7.8 million.

Who acquired the 6411 Valley Ranch Drive project? Wagnon Place Inc., led by Joey Wiggins.

► Shivshakti Hospitality LLC, led by Balwant Patel, bought the 60-room Best Western Sherwood Inn & Suites at 7533 Warden Road for $3.5 million.

Seller: Mahadev LLC, led by Nimesh Sitaram.

► Chapman-Havens Development LLC, led by David Chapman and Todd Havens, sold 58 lots in Benton’s Vivian Heights neighborhood for nearly $1.8 million.

Buyer? Rausch Coleman Mid-Ark LLC, an affiliate of Fayetteville’s Rausch Coleman Homes.

► Pine Plaza Investments LLC, led by Rick Ferguson, purchased its namesake 34-unit apartment project at 3801 Baseline Drive in southwest Little Rock for $1.2 million.

Seller? Pine Plaza Apartments LLC, led by Melba Marshall.

Pine Plaza Investments resold the property for $1.4 million to Renegade Properties LLC, led by John Dennis and Kurtis Cochran.

► POP Partners, led by Bruce Thalheimer, sold the 2,691-SF Popeyes restaurant at 716 E. Broadway in North Little Rock for $1 million.

Buyer: Sweet P Enterprises Inc., led by Danny Gililland.