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Thrive Argenta Apartments Sold for $19MLock Icon

2 min read

A multifamily project in downtown North Little Rock and a mixed-use development in southwest Little Rock lead the way in this week’s parade of million-dollar real estate transactions.

► Thrive Argenta LLC, led by Rob Coleman, sold its namesake 164-unit apartment project at 501 Magnolia St. for $19 million.

The new ownership is divided among four entities: 2201 S. Halsted LLC (39.78%), an affiliate of Marc Realty Capital of Chicago; 2059 Partners LLC (36.03%), an affiliate of R2 Companies of Chicago; and two affiliates of Vesta Capital of Leawood, Kansas: Argenta’s Best Living Investors LLC (21.45%) and TU Properties LLC (2.74%).

► Bart Ferguson Enterprises LLC bought a nearly 29.7-acre commercial spread for $2.1 million. Seller: Red Gate Properties LLC, led by Druetta Craig.

The property is home to Custom Covers of Arkansas at 13319 Interstate 30 and Red Gate Liquor at 13325 I-30.

► Edwin Anthony purchased a 5,124-SF home near the Country Club of Little Rock for $1.3 million.

Seller? Goldtrap Properties LLC, led by Cathy Goldtrap.

► Richard and Centhia Stephens sold a 6,287-SF office building in west Little Rock for $1 million.

Buyer: Lucky Lark Farms LLC, led by Kyle and Robyn Allmendinger and Lance and Amy Burns.

Seven-Digit Construction

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New Air Handlers    $2,529,904

11 Children’s Way, Little Rock
Nabholz Construction Corp., Conway
 
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Taggart Design & Build LLC, Little Rock
 
All Creatures Animal Hospital    $1,168,705
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Harrison Construction Co., Hot Springs

Deloitte Office Remodel    $1,000,000
400 W. Capitol Ave., Little Rock
Baldwin & Shell Construction Co., Little Rock

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