A 66-unit townhome project in Sherwood weighed in at $7.42 million.
AV Sherwood LLC, led by Clifton Cabanas II and Michael and Teresa Mooney, bought Apple Valley Townhomes at 200-287 Apple Valley Drive from Fairwood LLC, led by Carey Smith.
The deal is backed with a five-year loan of $5.7 million from Arkansas Federal Credit Union of Little Rock.
The 5-acre development was acquired for $4.75 million in July 2008 from RL Ltd., led by Rion Weiner and Larry Williford.
Convenient Foreclosure
A 3,772-SF convenience store and adjoining land are under new ownership after a $3.5 million foreclosure sale.
ACSMA Holdings I LLC, an affiliate of Artes Capital of Westlake Village, California, recovered the Circle K at 5615 Lindsey Road and 15.78 acres from Blue CK Lindsey Road LLC, led by Jared Coleman.
ACSMA obtained a $4.3 million judgment in December 2024 against Blue CK Lindsey, an affiliate of Little Rock’s Bluefin Development.
Blue CK Lindsey bought the 1.19-acre C-store site and additional land for $550,000 in April 2022 from Clifton Family LLLP, led by Norman Clifton.
Warren Crossing
A 15,000-SF commercial center in North Little Rock tipped the scales at $1.96 million.
Manly LLC of Grass Valley, California, acquired Warren Crossing at 5121 Warden Road from Alapuchica LLC, led by Leonardo and Cristina Monterrey.
The deal is financed with a three-year loan of $780,000 from Arvest Bank of Fayetteville.
Alapuchica purchased the 1.19-acre development for $1.4 million in December 2020 from Roach Ltd. No. 1, led by Gary Roach Sr.
Office Purchase
A 60,824-SF office building in downtown Little Rock drew a $700,000 transaction. The city of Little Rock acquired the former home of the Arkansas Insurance Department at 1200 W. Third St. from the Arkansas Teacher Retirement System.
The deal included four parking lots: a 0.51-acre lot at the southeast corner of Second and Cross streets, a 0.26-acre lot at the northwest corner of Second and Cross, a 0.23-acre lot at the northeast corner of Second and Cross and a 0.15-acre at the southeast corner of Second and Pulaski streets.
ATRS purchased the 0.73-acre office development and parking lots for $4.2 million in June 1995 from Mehlco Inc., led by Max Mehlburger.
Agri Property
Farmland covering 241.55 acres on the northeastern edge of North Little Rock sold for $760,000.
Davidson Ranch LLC, led by Skip Davidson, bought the land north of Interstate 40 at the Galloway exit from Lena Belle Young Stafford Ltd.
The deal is funded with a 30-year loan of $783,500 from AgHeritage Farm Credit Services of Little Rock.
The Young family acquired the land in May 1943 from Elizabeth Nelson for an unrecorded sum.
Mobile Transaction
A mobile home park and adjoining 1,128-SF house in Sherwood changed hands in a $525,000 deal.
7900 Jacksonville Cutoff LLC, led by Arek Boynerian, purchased the 7908-7910 Jacksonville Cutoff Road project. The seller is Martin Park LLC, led by Scott Martin.
The deal is backed with a $420,000 loan from Chambers Bank of Danville.
Martin Park bought the 1.04-acre development for $520,000 August 2022 from Blakley Land Farm & Rentals LLC, led by Jeremiah Blakley.
Hickory Creek
A 6,515-SF home in west Little Rock’s Hickory Creek neighborhood weighed in at $1.37 million.
William and Lauren McKinnon acquired the house from the Eric & Cindy Scaife Joint Revocable Trust.
The deal is financed with a 30-year loan of $1.2 million from Cadence Bank of Tupelo, Mississippi. The Scaifes purchased the residence for $860,000 in March 2021 from Robert Chandler.
Heights Home
A 3,569-SF home in the Heights area of Little Rock tipped the scales at $1.07 million.
Mark and Hailey Feger bought the house from Jakob and Julie Fiser.
The deal is funded with a 30-year loan of $1 million from First Horizon Bank of Memphis. The Fisers acquired the property for $510,000 in April 2018 from Salem Property Management LLC, led by James and Masami Fiser.
Rural Residence
A 2,974-SF home near the Ferndale community in west Pulaski County rang up a $939,900 sale.
Thomas and Barbara Hillman purchased the house from the Goss Living Trust, led by Glynn Goss Jr. and his wife, Kathy.
The trust bought the 11-acre residential spread for $410,000 in May 2012 from Carmen Arick and Emily Adams.
Lakeview West
A 3,500-SF home in west Pulaski County’s Lakeview West neighborhood is under new ownership after a $906,284 deal. Robert and Stephanie Hammons acquired the house from Jack Ferguson LLC.
The deal is backed with a 30-year loan of $600,000 from Rocket Mortgage LLC of Detroit. The 1.2-acre site was purchased for $180,000 in September 2024 from Lakeview West LLC, led by Rick Ferguson.
Waterview Estates
A 4,000-SF home in west Pulaski County’s Waterview Estates neighborhood drew a $900,000 transaction.
Britain and Jennifer Brady bought the house from Jack Ferguson LLC.
The 0.88-acre site was acquired for $185,000 in March 2024 from Waterview Estates LLC, led by Rick Ferguson.
Lamarche Place
A 5,320-SF home in west Little Rock’s Lamarche Place neighborhood sold for $825,000.
The Gleason-Phan Family Living Trust, led by Dan Phan and Briana Gleason, purchased the house from Gene and Kathy Whisenhunt.
The Whisenhunts bought the residence for $438,000 in February 2001 from Woodhaven Homes Inc., led by Jack Wilson.
Service Station
Vladimir and Maya Pave paid FRC Crash NLR LLC, an affiliate of Four Rivers Capital in Dallas, $1.47 million for the 6,515-SF Service King project at 7100 Landers Road in Sherwood.
FRC Crash acquired the 0.55-acre development for $1 million six months ago from Christian Community Development Corp. of Memphis.
Sign up for Daily E-news
