Timbers Apartments in Maumelle Sold for $10.5M


Timbers Apartments in Maumelle Sold for $10.5M
Parcel lines are approximate and shown for illustration only. (PAgis / Mapbox)

Hungry for million real estate transactions? Here’s a generous serving.

► Timbers United LLC, an affiliate of FM Capital of Hollywood, Florida, sold The Timbers, a 120-unit apartment project at 1500 Union Court in Maumelle for $10.5 million.

Buyer: Timbers S JR LLC, an affiliate of Precision Management of Jackson, New Jersey.

► Brookwood-WLR LLC, an affiliate of Brookwood Properties of Baton Rouge, Louisiana, bought the 611-unit Wellington Storage project at 800 Wellington Hills Drive for $7 million.

Seller: Arkansas Self Storage Fund III LLLP, led by Graham Smith.

► Wildcat Investments LLC, an affiliate of Diamond Cos. of Memphis, sold the 63,476-SF Summit Truck Group complex at 11401 Diamond Drive in North Little Rock for $6.1 million.

Buyer? Rush Truck Centers of Arkansas Inc., an affiliate of Rush Enterprises of New Braunfels, Texas.

► Willis Rock at Riverdale LLC, led by James and Terry Barnes, purchased a 92,370-SF industrial flex project at 2201 Brookwood Drive in the Riverdale area of Little Rock for $4.1 million.

Seller? Capital Properties LLC, led by Gus Blass III.

► AAP-Little Rock 20 Ltd. of Fort Worth, Texas, sold a 1.46-acre Advance Auto Parts development at 4300 S. University Ave. for nearly $3.4 million to GMA Salem Properties LLC of Rancho Mirage, California.

► TCIH-AH LLC, an affiliate of the Stan Johnson Co. in Tulsa, acquired the 27,426-SF Rodney’s Cycle House project at 9110 Interstate 30 in Little Rock for more than $2.7 million from DFA LLC of Henderson, Nevada.

► West Markham Auto Mall Properties, led by Lucinda Williams, sold its namesake 25,229-SF project at 11301 W. Markham St. in west Little Rock for $2.4 million.

Buyer: North Little Rock Buick GMC Inc., led by Jamie Cobb.

► Waltchack Little Rock Oil LLC of Birmingham, Alabama, bought its 0.77-acre project at 100 Wellington Hills Road for $2.3 million from Splash Chenal EOL LLC, led by Paul Stagg.

► Traci and Albert Braunfisch sold their 5,750-SF home in Little Rock’s Edgehill neighborhood for more than $1.6 million to HCB LLLP, led by Henry Browne.

► The Bierbaum Family Trust, led by William and Diane Bierbaum, purchased a 5,368-SF home in Little Rock’s River Ridge neighborhood for $1.6 million from Allen Engstrom.

► Sherwood Tractor Properties LLC, led by Danny Montgomery, sold the 14,000-SF Mayflower RV project at 8830 Landers Road in Sherwood for more than $1.5 million.

Buyer? 2340 Hudson Road LLC of Springfield, Missouri.

► JDD Revocable Trust, led by John Day, acquired a 5,266-SF home and 1,250-SF guest house in west Pulaski County for more than $1.4 million from the Louis Gladfelter Revocable Trust.

► Ryan and Caris Fitzgerald sold a 5,727-SF home in west Little Rock’s Hallen Court neighborhood for more than $1.3 million to Crain Family Holdings LLC, led by Larry Crain Jr.

► Renegade Properties LLC, John Zachary Dennis and Kurtis Cochran; and Tim and Suson Dudley bought the 20-unit Springvale Apartment project at 5515-5535 Springvale Road in North Little Rock for more than $1.3 million.

Seller: 3200 Myers Street Partners LLC, an affiliate of RPP Products of Bloomington, California.