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Recent Real Estate Deals Total $2.6M

2 min read

Apartments in Sherwood topped the most recent round of real estate deals.

The 28-unit Powhatan Apartments at 25 Powhatan Drive sold for $675,000 to TCB Investments LLC of Little Rock, led by Brian Teeter, Alex Craig and Jamie Hoffman.

The seller was Harding University Inc. of Searcy.

Retail Project Bought
Smokey Lane Apostolic Church of Jesus Christ and Northside Academy of North Little Rock purchased a 7,218-SF retail project at 1503 Club Manor Drive in Maumelle for $525,000.

The seller was Medsync Properties LLC of Little Rock, led by Drs. Scott Bowen and William Hefley.

Foreclosed Property Sold
THG Payne LLC of Little Rock, led by Bryan Hosto and David Payne, purchased property at a foreclosure sale that includes a 125,522-SF building at 4200 Hoerner Road in Little Rock for $510,000.

The property was previously owned by Tri-Star Properties LLC. Regions Bank foreclosed on it.

Post Office Bought
Maddox Investments LLC of Malden, Missouri, bought the Gravel Ridge branch of the U.S. Post Office at 7907 Jacksonville-Cato Road in Sherwood for $457,000.

The seller was SW Land & Cattle LLC of St. Petersburg, Florida.

Clinic Sold
St. Vincent Community Health Services Inc. of Little Rock sold the 2,560-SF Nunn medical clinic at 1024 Scott St. in downtown Little Rock for $250,000.

The buyer was Haybar Properties LLC of Little Rock, led by Bryan Hosto.

Acreage Purchased
WPCD Properties LLC of North Little Rock, led by Frank Westerman, purchased 1.2 acres on the east side of Northshore Lane between Northshore Drive and Northshore Place, for $198,500. 

The seller was IE Real Estate Holdings LLC of Little Rock, led by Eddie Pitonyac.

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