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Spring Valley Apartments in Little Rock Sells for $12.8M

2 min read

► Affiliates of Forum Real Estate Group of Denver paid $12.8 million for the 245-unit Spring Valley Apartments at 8701 Interstate 30 in Little Rock.

Sellers: Spring Valley’s Best Living LLC, an affiliate of Vesta Capital of Leawood, Kansas; J&R Park Place of Little Rock LLC of St. Louis; and JDGN Investors Little Rock LLC, an affiliate of Cambridge Realty Capital in Chicago.

► WAB Venture Inc., an affiliate of Fayetteville’s K-Mac Enterprises Inc., sold the 1.1-acre Whataburger development at 17100 Chenal Parkway in west Little Rock in a sale-leaseback deal valued at $3.9 million.

Buyer: Swami Hotel Properties LLC, led by Rajesh Mehta.

► Shashank Kraleti and Sai Aruna Sri Malladi bought a 6,169-SF home in west Little Rock’s Orle neighborhood for more than $1.4 million.

Seller: Wiggins Family Real Estate Holdings LLC, led by Joey Wiggins.

► Oakwood Properties Inc., led by Doug Martin, sold its namesake 10-unit apartment project at 3923 Oakwood Road in Little Rock for more than $1.3 million.

Buyer? Oak & Cedar LLC, led by James Bryant, Gabe Holmstrom and Steven Gardner.

► Michele and Fred Stearns purchased a 4,175-SF home in Little Rock’s Cliffewood neighborhood for $1.2 million.

Seller? The Douglas Stevenson Revocable Trust, led by Steven Douglas and Jerry Stevenson.

► Han Cho sold the 2,426-SF Quick C-Store at 12106 Sardis Road in Little Rock for $1.1 million to 12106 Sardis Express LLC, led by Adnan Dervish.

► Foxden Capital LLC, led by Todd and Amanda Denton, acquired a 1.2-acre commercial site at the southeast corner of Chenal Parkway and Highway 10 in west Little Rock for $1 million.

Seller: Highway 10 Corner LLC, led by Kevin Huchingson and Stephen LaFrance Jr.

► Robert and Kathleen Betchley sold their 4,124-SF home in west Little Rock’s Falstone Court neighborhood to Philip and Miriam Clifford for $1 million.

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