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Rivercliff Apartments Sell for $16.2MLock Icon

1 min read

► Rivercliff Co., led by Richard Cheek, received $16.2 million for its namesake 133-unit apartment project at 2000 Magnolia Ave. in the Riverdale area of Little Rock.

Buyer: MLG Capital LLC of Brookfield, Wisconsin.

► KLS Leasing II LLC, an affiliate of the Walton Family Foundation, purchased a 24.9-acre church property 10710 Interstate 30 in southwest Little Rock for $2.9 million to develop the Arkansas Military & First Responders Academy.

The 60,000-SF church was sold by Temple Missionary Baptist Church of Little Rock.

► Rector Phillips Morse Inc., led by Kris Upton, sold a 4,018-SF home in the Hallen Court neighborhood of west Little Rock for nearly $1.3 million.

Buyer: Upton Family Trust, led by Kris and Karen Upton.

► Darryl Lorenzo Webb Sr. and his wife, Kim, bought a 4,715-SF home in west Little Rock’s Hallen Court neighborhood from Graham Smith Construction LLC for more than $1.2 million.

► Idlewild Corp., led by Brandon Barker, sold a 173-acre tract south of Kanis Road on the western edge of the Ferndale Community in west Pulaski County for $1.1 million. 

Buyer? McGeorge Contracting Co., led by Haskell Dickinson II.