Premier Health & Rehab Sells for $6.2M


Premier Health & Rehab Sells for $6.2M
Parcel lines are approximate and shown for illustration only. (Google Earth / Mapbox)

This week, we present a group of nine real estate deals in Pulaski County that top the $1 million mark.

► 3600 Richards Road LLC sold its namesake address, home to the 137-bed Premier Health & Rehabilitation Center in North Little Rock for more than $6.2 million.

The affiliate of Capital Funding Group of Baltimore sold the project to Richards Road Realty LLC, an affiliate of The Wellstone Group of Lakewood, New Jersey.

► KAV Realty LLC of Tulsa bought the 6,450-SF home of The Pizzeria and Diet Center at 4910 Kavanaugh Blvd. plus the neighboring 3,868-SF Centennial Bank branch at 4924 Kavanaugh Blvd. for $3.1 million.

Seller: Lyto Inc., led by Thomas Samuel.

► The Mustard Seed LLC, led by Ryan Edwards, and PBC Properties LLC, led by Pierce Curran, sold a 29,688-SF industrial building at 11421 Stagecoach Road in west Little Rock for $2.3 million.

Buyer: CAP Management LLC, led by John Helms.

► Woodland Hills Valley LLC, led by Graham Smith and Scott Hurley, purchased more than 39 acres on the south side of Cooper Orbit Road at Kanis Road for $2 million.

Who sold the land just outside the western city limits of Little Rock? Moon Distributors Inc., led by Stan Hastings.

► Rapak Investments LLC of San Diego sold the 33,366-SF former Kroger at 900 W. Pershing Blvd. in North Little Rock for nearly $1.9 million.

Buyer? Brookwood-Pershing NLR LLC, an affiliate of Brookwood Properties in Baton Rouge.

►  Stiefvater Orchards Ltd. of Bakersfield, California, acquired a 2,005-SF Splash Express Oil Change project at 113 Audubon Drive in Maumelle for more than $1.8 million.

Seller: Splash Maumelle EOL LLC, led by Paul Stagg.

►  The Agnes F. Villiger Revocable Trust sold the 28-unit Skyline Apartments at 1570 Skyline Drive in North Little Rock for more than $1.8 million.

Buyers: Aoraki Capital Inc., led by Hadar Orkibi; AR 28 SKL LLC of San Jose, California; and MIH Realty Arkansas 28 LLC of Ponte Vedra Beach, Florida.

►  PYM Trust, led by Monica Lo and Daniel Sherbet, bought a 7,430-SF home in the Sologne Circle neighborhood of west Little Rock from Daniel and Debbie Morrison for more than $1.7 million.

►  Colony CC LLC, led by Arby Smith, sold 42 acres at the north end of Country Club Parkway in Maumelle for more than $1.6 million to Daryl Brock Custom Homes Inc. of Conway.


Seven-Digit Construction

Primary Care Clinic Tenant Finish-Out     $3,200,000 
10301 Kanis Road, Little Rock
Baldwin & Shell Construction Co., Little Rock

World Services for the Blind Residential Renovation     $1,908,000 
2811 Fair Park Blvd., Little Rock
Flynco Inc., Little Rock

Hickingbotham Outpatient Center Fifth-Floor Improvements   $1,010,000 
9500 Kanis Road, Little Rock
Corco Construction LLC, Conway