A pair of Circle K projects in west Little Rock and North Little Rock changed hands in tandem deals totaling more than $6.8 million.
10200 Rodney Parham LLC and 700 East Broadway LLC, both led by Edward Bailey, sold namesake addresses for $3.79 million and $3.01 million to Rodney Parham CK LLC and Broadway CK LLC, both led by Chris Moses.
The deals are helping secure a seven-year loan of $8.7 million from Relyance Bank of Pine Bluff.
The 0.65-acre Rodney Parham development previously was tied to a December 2018 mortgage of $2.5 million held by Little Rock’s Bank OZK.
10200 Rodney Parham purchased the Colony West Conoco project for $1.6 million 19 months ago from Keltner Marketing Corp., led by Ronald Keltner.
The 0.71-acre North Little Rock development previously was linked with a March 2019 mortgage of $2.3 million held by Bank OZK.
700 East Broadway bought the Sunny Mart project for $1.4 million 16 months ago from So Yeon Kim.
Pine Forest Apartments
A 28-unit apartment project in Maumelle tipped the scales at $1.47 million.
Pine Forest Apartments LLC, led by Jason Bolden, sold its namesake complex at 301 Pine Forest Drive in Maumelle.
The buyer is JRJ Building LLC, led by Jeffrey Aclin, Ryan Aclin and Jarod Puckett.
The deal is funded with a $1.4 million loan from Central Bank of Little Rock. The 2.6-acre development previously was tied to an October 2012 mortgage of $1.1 million held by the bank.
Pine Forest Apartments acquired the property for $1.4 million nearly eight years ago from Glenn and Leanna McClendon.
Agri Acquisition
A 3,109-SF office building in downtown Little Rock rang up a $300,000 sale.
The Agricultural Council of Arkansas, led by Andrew Grobmyer, bought the 1200 W. Fourth St. project from Christina Burchfield, James Haney and Nancy Griffin.
The deal is financed with a five-year loan of $297,500 from Simmons Bank of Pine Bluff.
The 0.26-acre location was purchased for $40,000 in October 1984 from the estate of J. Walter Vestal Sr., Shirley V. Hill and Kent Vestal.
Dollar Site
Development of a Dollar General Store in west Pulaski County is in motion after a $218,000 transaction.
PB General Holdings (Little Rock Marsh) LLC, led by Leonard Boen, acquired a 2.22-acre site at 18400 Col. Glenn Road from the Norma J. James Living Trust.
Construction is backed with a five-year loan of $1 million from Simmons Bank.
The property was bought in July 1992 as part of a $154,000 deal with Lillian Marsh.
Beau Vue Estates
A 6,645-SF home in west Little Rock’s gated Beau Vue Estates neighborhood weighed in at $1.34 million.
The David Brogdon Living Trust purchased the house from Mark McMurry.
The 5.9-acre spread previously was linked with a May 2017 mortgage of $1.2 million held by Arkansas Federal Credit Union of Jacksonville.
McMurry acquired the residence for $1.3 million more than three years ago from David and Suzanne Swindle.
PV Residence
A 4,684-SF home in west Little Rock’s Pleasant Valley neighborhood sold for $850,000.
Timothy and Anna Coon bought the house from Barrett and Morgan Rush. The deal is funded with a 25-year loan of $680,000 from Regions Bank of Birmingham, Alabama.
The residence previously was tied to a May 2019 mortgage of $637,500 held by BancorpSouth Bank of Tupelo, Mississippi.
The site was purchased for $175,000 14 months ago from Barbara Rush Langhammer.
The Arbors
A 4,854-SF home in the Arbors neighborhood of west Little Rock is under new ownership after a $825,000 deal.
Mona Yasrebi and Jason Samii acquired the house from the Danel P. Benson Revocable Trust.
The property was bought in February 2007 from Deborah White for $215,000.
Estates Sale
A 4,665-SF home in the River Valley View Estates neighborhood near Roland drew a $748,000 transaction.
John and Gretchan Jennings purchased the house from Jeffrey and Nancy Taylor. The deal is financed with a five-year loan of $694,000 from the Bank of Delight.
The residence previously was linked with an April 2016 mortgage of $417,000 held by Eagle Bank & Trust of Little Rock.
The Taylors acquired the property more than four years ago for $759,000 from WVM Construction LLC, led by William Parkinson III.
Club House
A 2,556-SF home near the Country Club of Little Rock changed hands in a $700,000 deal.
James Dobbs III bought the house from the Sarah Hayes Smith Revocable Trust.
The residence was purchased for $645,000 in August 2009 from Frances Brainard.
Adkins Estates
A 3,837-SF home in west Little Rock’s Adkins Estates neighborhood rang up a $675,000 sale.
J Campbell 615 Holdings LLC, led by Tyler Pierce, acquired the house from the Robert R. Adkins Revocable Trust.
The deal is backed with a 30-year loan of $695,000 from First State Bank of Lonoke.
The land was bought as part of a series of transactions with Marvin L. Smith III, $135,200 in May 1996; Paul Knight, $124,000 in June 1996; Suthep and Rosarie Knight, $67,000 in October 1997; and Square Deal Inc., led by Marvin Itzkowitz, an undisclosed sum in July 1997.
St. Johns Wood
A 3,120-SF home in Little Rock’s St. Johns Wood neighborhood is under new ownership after a $622,500 deal.
Nicholas and Mischelle Papan purchased the house from Chad and Kim Crank.
The deal is funded with a 30-year loan of $562,250 from Regions Bank.
The residence previously was tied to a September 2011 mortgage of $262,000 held by Little Rock’s One Bank & Trust.
The Crank family acquired the property for $390,000 in January 2004 from Linda Moore.
Westover Hills
A new 2,891-SF home in Little Rock’s Westover Hills neighborhood sold for $522,582.
Susan Harley bought the house from Smart Development LLC, led by Robert Perry and Anthony Otwell.
The deal is backed with a 30-year loan of $322,582 from Reliant Bank of Brentwood, Tennessee. The residence previously was linked with a September 2019 mortgage of $380,000 held by BancorpSouth Bank.
The property was purchased for $147,000 11 months ago from Andrew and Helen Peters.
Hickory Creek
A 5,820-SF home in west Little Rock’s Hickory Creek neighborhood sold for $515,000.
David Ouellette acquired the house from Ching-Ching Sung. The deal is financed with a 30-year loan of $463,499 from IberiaBank of Lafayette, Louisiana.
The location was bought for $80,000 in March 1990 from Hickory Creek Ltd., Hickory Valley Ltd. and Beacon Hill Ltd., all led by Clint Boshears.
