Maumelle Industrial Facility Sold for $5.6M

The Shred-It facility at 1201 Murphy Drive in Maumelle. (Parcel lines approximate and shown for illustration only.)

Industrial property, apartments and homes form this week’s quartet of million-dollar real estate transactions.

► Vault Avenida Maumelle Industrial LLC, an affiliate of Vault Equity Partners in Bloomfield Hills, Michigan, bought the 35,958-SF facility at 1201 Murphy Drive in Maumelle for more than $5.6 million.

Seller? Murphy Industrial LLC, an affiliate of Interstate Partners in Eden Prairie, Minnesota.

► Roeder Properties LLC, led by James Roeder, sold 40 units in North Little Rock’s Frenchman’s Woods apartment project on Frenchmen Loop for more than $3 million.

Buyers: Three limited liability companies bearing the Frenchman Woods name, affiliates of Read Property Group in Brooklyn, New York.

► Kyle and Megan Ludwig purchased a 6,196-SF home near the Country Club of Little Rock from Elizabeth and Raymond Nolan for more than $1.4 million.

► On the backside of that, the Nolans acquired a 4,156-SF home in Little Rock’s East Palisades neighborhood for $1.4 million.

Seller: Mehrabi Joint Revocable Trust, led by Amir and Lisa Mehrabi.