Jacksonville Apartment Complex Sells for $9.4M

Jacksonville Apartment Complex Sells for $9.4M
Chapel Ridge Apartments in Jacksonville (Google Maps)

Commercial land, apartments and a Heights-area home form this week’s million-dollar deals.

► Jacksonville HC5 LLC, an affiliate of Haley Residential in Omaha, Nebraska, paid $9.4 million for the 204-unit Chapel Ridge Apartment project at 1401 Stamphill Road and 950 Military Road in Jacksonville.

Seller: Jacksonville Housing Associates Ltd. and Jacksonville Housing Associates Ltd. II, both affiliates of ERC Properties of Rogers.

► Colby Little Rock LLC, an affiliate of Colby Capital in Leawood, Kansas, bought the 13.6-acre site for the Topgolf project at west Little Rock’s Village at Brodie Creek development for more than $3.2 million.

Who sold the location north of Col. Glenn Road between Bowman Road and Interstate 430? Village at BC LLC, led by Kevin Huchingson.

► Kitterman Properties II LLC, led by John and Marsha Kitterman, sold the 52-unit Parkwood Apartments at 3510 S. Bryant St. in Little Rock for $2.5 million.

Buyer: Boynerian LLC, led by Arek, Arpi and Avedis Boynerian.

► Doug Jackson Jr., and his wife, Elizabeth, purchased a 3,743-SF home in Little Rock’s Edgehill neighborhood for $1.3 million.

Seller: Chris Maris Custom Homes & Remodeling LLC.

► Dorothy M. Toll Exempt Share No. 1 QTIP Trust and Toll Corp., both led by Kathy Toll Watson, sold a 4.8-acre parcel at the northwest corner of Col. Glenn and Shackleford roads in west Little Rock for more than $1 million.

Buyer? Professional Property Co. LLC Profit Sharing Plan, led by Sam Winstead.