A 13,428-SF vacant Walgreens in midtown Little Rock weighed in at $1.6 million.
AH Little Rock LLC, an affiliate of Chicago’s Atwater Group, purchased the 5525 W. 12th St. project from W. Fairpark Associates LLC of Jupiter, Florida.
The deal is funded with a 30-year loan of $1.7 million from Midland States Bank of Effingham, Illinois.
The 1.08-acre development was bought for $2 million in July 1996 from Hawkins-Smith Fairpark of Boise, Idaho.
Industrial Acquisition
A 49,150-SF warehouse in south Pulaski County tipped the scales at $800,000.
Halligan 3 LLC of Bergenfield, New Jersey, acquired the 2300 E. 145th St. project, which includes an adjoining 2,400-SF warehouse. The seller is Clifton Family LLLP, led by Norman Clifton.
The deal is backed with a five-year loan of $650,000 from Relyance Bank of White Hall.
Clifton Family purchased the 6.86-acre development for $307,000 in August 2015 from Century Industries Inc. of Greenville, Mississippi.
Budget Purchase
A 74-unit mini-storage project and more in North Little Rock drew a $700,000 transaction.
S&T Leasing LLC bought the Budget Storage and the 11,160-SF Budget Transmission facility at 5401 MacArthur Drive. The limited liability company is owned by the Thomas Family Trust, led by Anthony Thomas.
The seller is G&T Leasing LLC, led by Ronnie Tanner. The deal is financed with a five-year loan of $700,000 from First Service Bank of Greenbrier.
The 2.4-acre property was assembled in deals with William Stoll Jr. and his wife, Reba, $100,000 in February 1988; and Reba Stoll, $73,000 in August 2005.
Industrial Recovery
A 9,000-SF industrial building in Sherwood changed hands in a $383,178 foreclosure sale.
Jacksonville’s First Arkansas Bank & Trust recovered the 1041-51 Lantrip Road project from Linrock Management Inc., led by Kurt, Todd and Joan Luth.
The 0.82-acre development was tied to a December 2017 mortgage of $347,089 held by First Arkansas.
Linrock bought the project for $525,000 in September 2008 from Little Rock’s One Bank & Trust.
Vet Development
A 3,378-SF animal clinic in Jacksonville is under new ownership after a $350,000 deal.
Bell & Eads Investments LLC, led by Whitt Bell and Erin Eads, purchased the Jacksonville-Cabot Veterinary Clinic at 6610 John Harden Drive.
The sellers are Vaughn John Harden Drive Properties LLC and Carl Rodney Vaughn DVM PA Inc., both led by Carl Vaughn.
The deal is funded with a 15-year loan of $350,000 from the John O. & Paulette B. Lewis Living Trust.
The 1.44-acre development was acquired for $360,000 in April 2016 from the trust.
Mountain Crest Estates
A 5,700-SF home in northwest Pulaski County’s Mount Crest Estates neighborhood weighed in at $1.76 million.
Creshelle Nash bought the house from Randy Wright Builders LLC. The deal is backed with a 30-year loan of $1.6 million from First Horizon Bank of Memphis.
Nash purchased the 2.9-acre site for $185,000 in March 2022 from Timothy and Kelly Carney.
Deauville Place
A 4,750-SF house in west Little Rock’s Deauville Place neighborhood tipped the scales at $1.05 million.
Jordan and Jennifer Greer acquired the house from Jon and Kelly Carnahan.
The deal is financed with a 30-year loan of $999,666 from Cadence Bank of Tupelo, Mississippi.
The Carnahans bought the 0.45-acre site for $162,000 in November 2009 from Lewis Home Builders Inc., led by Jon Lewis.
Bear Den Estates
A 4,104-SF home in west Little Rock’s Bear Den Estates neighborhood sold for $913,000.
John and Michelle Montgomery purchased the house from Sentry Building Group LLC, led by Charles Funderburk II and Holly Funderburk.
The deal is funded with a 30-year loan of $931,543 from Arvest Bank of Fayetteville.
Sentry Building acquired the 0.27-acre site for $113,000 in January 2023 from Bear Den Development Co. LLC, led by Drew Holbert.
Pinnacle Point
A 5,025-SF home in the Pinnacle Point neighborhood of Cammack Village drew an $875,000 transaction. Joshua and Meredith Dilley bought the house from Peter Treadwell Jr. and his wife, Laura.
The deal is backed with a one-year loan of $681,866 from Riverside Bank of Sparkman (Dallas County).
The Treadwells purchased the residence for $1.4 million in June 2022 from the Laventana Personal Residence Trust, led by Scott and Janet Korenblat.
River Ridge Pointe
A 3,301-SF home in Little Rock’s River Ridge Pointe neighborhood rang up an $850,000 sale.
Jonathan McDougal acquired the house from Scott and Amy Schuh. The deal is financed with a 30-year loan of $680,000 from PrimeLending of Dallas.
The Schuhs bought the residence for $530,000 in August 2006 from the Riley Living Trust, led by William Riley.
Mirabel Court
A 3,549-SF home in west Little Rock’s Mirabel Court neighborhood changed hands in a $755,000 deal.
Brix and Emily Byers purchased the house from Ronnie and Marcia Lilly.
The deal is funded with a 30-year loan of $604,000 from Holcomb Bank of Rochelle, Illinois.
The Lillys acquired the residence for $489,000 in April 2017 from RQM LLC, led by Russell Milam.
Hallen Court
John Davis Sr. and his wife, Sara, paid the Gary & Marley Jones Family Revocable Trust $1.3 million for a 4,728-SF home in west Little Rock’s Hallen Court neighborhood.
The trust bought the residence for $695,000 in January 2019 from Richard and Centhia Stephens.
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