Pleasant Ridge & Pleasant Valley Pointe Apartments Sell for $31.7M

Pleasant Ridge apartments (Google Maps)

West Little Rock apartments lead off this week’s collection of million-dollar real estate transactions and construction contracts.

► Pleasants Portfolio AR LLC, led by Henry Guidi, president of Kennedy International of Old Bridge, New Jersey paid $31.7 million for two apartment projects in west Little Rock, the 200-unit Pleasant Ridge complex at 11700 Pleasant Ridge Road and the 112-unit Pleasant Valley Pointe complex at 11810 Pleasant Ridge Road.

Seller: Pleasant Ridge Arkansas Associates LLC, an affiliate of New York’s Somerset Partners.

► Goodwill Industries of Arkansas Inc., led by Brian Marsh, bought a 5.3-acre parcel on the west side of Kirk Road near Chenal Parkway for more than $3.5 million.

Sellers: Leah Lasley Shell and the Selma O. Metzger Living Trust.

► Mark Brown and Jill Judy sold The Martin, a 10-unit apartment project at 1406 Broadway in downtown Little Rock, for more than $1.2 million to Broadway Manor LLC, led by Gregory Sketas III.

► Chase and Jennifer Dillon acquired a 4,854-SF west Pulaski County home near Pinnacle Mountain State Park from Rebecca Kennedy Rose for $1.1 million.

Million-Dollar Construction

► Retail Space $2,200,000
Crossroads at Chenal
1120 Rahling Road, Little Rock
Corco Construction LLC, Conway

► Starbucks $1,200,000
3915 S. University Ave., Little Rock
Liveco Construction Co., Benton