Maumelle's River Pointe Apartments Sell for $40.5M

Maumelle's River Pointe Apartments Sell for $40.5M
(Google Earth)

Homes, apartments and more are scattered across this week’s installment of million-dollar real estate deals in Pulaski County.

► The 384-unit River Pointe Apartments at 7325 Riverpointe Drive in Maumelle rang up a $40.5 million sale. 

Seller: HPI River Pointe LLC, an affiliate of Hamilton Point Investments of Old Lyme Connecticut.

Buyer? River Pointe Maumelle LLC, an affiliate of RREAF Holdings in Dallas.

► The Betty L. Richards Revocable Trust sold its 6,280-SF house in Little Rock’s River Ridge Manor neighborhood for more than $1.9 million to 60 River Ridge Road Trust, led by Jason Bright and Tiffany Hatchett.

► Brittany and Chadwick Sanders acquired a 6,586-SF home in west Little Rock’s Waterview Estates neighborhood from Lorene Henderson for more than $1.7 million.

► WLM Landscape & Sprinkler Service Inc., led by Curtis Walker, sold 20 units worth of apartments at 1706, 1720 and 1906 Sandford Drive and 12 and 15 Meredith Court in west Little Rock for nearly $1.5 million.

Buyer? Burnol Mandalor Properties LLC, led by Benjamin Burnsed and Adrian Finol.

► EK ARWI Gas LLC of Miami bought the 3,000-SF TJ Mart convenience store at 13622 Sardis Road for more than $1.3 million from Standard Development Co. LLC, led by Blake Smith.

► Big R Lands LLC, led by Donald Holmes, purchased the 13,247-SF Standard Business Systems building at 1300 Westpark Drive in Little Rock for more than $1.3 million.

Seller: Haybar Properties LLC, led by Bryan Hosto.