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St. John’s Apartments in SWLR Sold in $3.2 Million Transaction

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This week’s installment of multimillion-dollar real estate transactions in Pulaski County is served up as a five-piece.

• An affiliate of Cross Equities of Addison, Texas, bought the 224-unit St. John’s Apartments at 5001 W. 65th St. in south Little Rock for $3.2 million.

Seller: The receiver for St. J Apartments Ltd., Carl Schultz.

• An affiliate of The Broe Group of Denver sold 223 undeveloped acres in Maumelle and 12 lots in Maumelle’s Riverview residential development for $3.1 million.

Buyer? Maumelle Ridge 223 LLC, led by Todd Witham.

• Vera Cruz Properties Ltd. of San Marcos, California, purchased the Hooters at 4110 Landers Road in North Little Rock for more than $2.3 million.

Seller? Slevin Capital Development Inc. of South Barrington, Illinois.

• James and Anne Glover sold the 34,720-SF Glover’s Transmission office-warehouse at 1200 Baucum Industrial Drive in North Little Rock for nearly $2.3 million.

Buyer: Exit 165 LLC, led by David Dunn, Shash Goyal and Raj Chakka.

• A 5,300-SF home in west Little Rock’s gated Hickory Creek neighborhood completes the group.

Cindy and Gautam Gandhi acquired the residence from Andrew and Lindy Smith.

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