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Crestwood Manor Gets New Owners for $9 Million

1 min read

Apartments in the Hillcrest area of Little Rock, motels in south Little Rock and commercial buildings and space in west Little Rock provide this week’s six-pack of million-dollar transactions.

• Crestwood Manor Property Investors LLC of Santa Cruz, California, sold the 228-unit Crestwood Manor Apartments project at 3802 Kavanaugh Blvd. for $9 million.

Buyer? An affiliate of StoneRiver Co. of Birmingham, Alabama.

• HSN Hospitality LLC, led by Davish and Nimesh Sitaram, purchased the 49-room Red Roof Inn at 8115 Frenchmans Lane for $1.8 million.

Seller: Sai Lodging Inc., led by Ishver Govind.

• 14910 Cantrell LLC, led by Steve Hockersmith, sold a 7,200-SF piece of the Cantrell Falls project at 14908 Cantrell Road for $1.4 million.

The space housing All About Tire & Brake was bought by Wylie Family Enterprises LLC, Phillip and Sara Wylie.

• Hatcher Properties Inc., led by Greg Hatcher, acquired the 10,416-SF building at 1428 Merrill Drive for more than $1.1 million.

Seller? Bottin Family Real Estate LLC, led by Jim Bottin.

• Jett & Georganne Ricks Family Corp. and Ricks Properties LLC sold 20 units at 5522-5622 B St. for $1.1 million.

The apartments were purchased by Midtowne B Street LLC, led by Jonathan Shively.

• OMAARAV Inc., led by Jagrutiben and Himanshu Patel, bought the 82-room Budget Host Inn at 2600 W. 65th St. for $1 million.

The property was sold by DSPD LLC, led by Pramodkumer Patel.

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