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Jacksonville Apartment Properties Flipped in $7.3M ComboLock Icon

1 min read

A series of apartment sales in Jacksonville, a pair of apartment buys in Little Rock and a grocery store purchase in Bryant form this week’s six pack of million-dollar deals.

► Milrose Investors LLC of Monsey, New York, acquired the 92-unit Park Place project at 621 and 700 Poplar St. for nearly $3.4 million, the 56-unit Windgate Square project at 701 Poplar St. for almost $2.1 million, and the 46-unit Stone Village project at 300 S. Hospital Drive for more than $1.8 million.

The seller in all three transactions: Tri Properties Jacksonville LLC of Lakewood, New Jersey, who had bought the three properties on Jan. 30 for a combined $4.95 million. (See Real Deals.)

► LEIA2019 Properties LLC, led by Rick Ferguson, bought the 52-unit Pinnacle Rock Apartments at 1100 Fair Park Blvd. for nearly $2.7 million and the 24-unit Mabelvale Apartments at 7414 Mabelvale Pike and an adjoining 1.2-acre parcel for more than $1 million.

Sellers? Pinnacle Rock Apartments LLC, led by Ethan Schultz and Garrett Edwards; and Mabelvale Rose LLC, led by Schultz.

► Davcol Unlimited LLC, led by Roya Lloyd, sold the 82,308-SF Edwards Food Giant at 2203 N. Reynolds Road for $1 million.

The buyers?

The namesake revocable trusts of Stephen and Laura Edwards.

Seven-Digit Construction

Dessault Falcon Jet Hangar Addition    $2,290,000
3801 E. 10th St., Little Rock
Kinco Constructors LLC, Little Rock

Circle K    $1,500,000
6420 S. University Ave., Little Rock
Mulhearn Wilson Construction Inc., North Little Rock

Alleviant Health Tenant Finishout    $1,000,000
10915 N. Rodney Parham Road, Little Rock
Clark Contractors LLC, Little Rock

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