The sale of a 30,565-SF clinic in Little Rock weighed in at $3.2 million.
WSCamp LLC, led by Christopher Schultz and Cynthia Knoerr, purchased the Dennis Developmental Center at 1301 Wolfe St. The seller is The ARC Arkansas, led by R.H. Blair.
The deal is financed with a $3.5 million loan from First Security Bank of Searcy.
The 0.37-acre development previously was linked with an October 2003 mortgage of $3.9 million held by the Pulaski County Public Facilities Board.
The Arc Arkansas acquired the property in July 2002 as part of a $255,000 deal with the Central Little Rock Community Development Corp.
Hillcrest Apartments I
A string of apartments in the Hillcrest area of Little Rock changed hands in a $1.1 million deal.
Midtowne B Street LLC, led by Jonathan Shively, bought 20 units at 5522-5622 B St. from the Jett & Georganne Ricks Family Corp. and Ricks Properties LLC.
The deal is backed with a five-year loan of $1.15 million from Arvest Bank of Fayetteville.
The properties, covering nearly 1.1 acres, were assembled in five transactions totaling $382,100. The sellers were Standard Securities Co., led by J. Wythe Walker, $6,900 in November 1967; Ruth Campbell, $17,200 in November 1976; Margaret Thaxton, $8,000 in October 1977; McClelland Family Ltd., led by James McClelland Jr. and his wife, Patricia, $140,000 in July 2000; and Bobby Jones and Craig Jones, $210,000 in November 2013.
Budget Transaction
An 82-room motel in southwest Little Rock tipped the scales at $1.05 million.
OMAARAV Inc., led by Jagrutiben and Himanshu Patel, acquired the Budget Host Inn at 2600 W. 65th St. The seller is DSPD LLC, led by Pramodkumer Patel.
DSPD carried $975,000 of the purchase price in the form of a 20-year mortgage.
The 2.51-acre development was bought for $1.1 million in May 2010 from Krishna Corp., led by Sudhir Brahmbhatt.
Promenade Project
Construction of a 7,400-SF retail project in west Little Rock is in motion after a $925,000 land deal.
Promenade at Chenal Lot 3 LLC, an affiliate of Thompson Thrift Development Inc. of Terre Haute, Indiana, purchased the 1.47-acre site at the Promenade at Chenal between Del Frisco’s Grille and McDonald’s. The seller is Red Little Rock Land LLC of Overland Park, Kansas.
The deal is funded with a three-year loan of $2.36 million from Old National Bank of Evansville, Indiana.
The land is part of the original 37.8-acre Promenade site acquired for $10.25 million in September 2006 from Deltic Timber Corp. of El Dorado.
Genuine Warehouse
A 44,776-SF warehouse in south Little Rock changed hands in a $900,000 sale.
Looney Family Revocable Living Trust, led by Jim and Billie Jean Looney, bought the 6601 Forbing Road project from Genuine Parts Co. of Atlanta.
The deal is financed with a 10-year loan of $912,000 from Simmons First National Bank of Pine Bluff.
The 4.15-acre development was assembled in two transactions totaling $86,500.
The sellers were Bransco Inc., led by W.H. Bransford Jr., $17,000 in October 1973; and Birch-Brook Inc., an affiliate of Little Rock’s Rector Phillips Morse, $69,500 in February 1966.
Hillcrest Apartments II
An eight-unit apartment project in the Hillcrest neighborhood of Little Rock is under new ownership after a $421,800 transaction.
Stonekey Properties LLC, led by Laura Cabrera, acquired Hepplewhite Apartments at 1910 Kavanaugh Blvd. The seller is Hepplewhite Apartments LLC, led by Tom Ferstl.
The deal is backed with a five-year loan of $362,000 from Arvest Bank.
The property was bought for $185,000 in January 1984 from Bek and Nancy Kaiser, Willis and Martha Smith, Wayne and Mary Carlson and Michael and Lauren Loveless.
Mini-Acquisition
A 116-unit mini-storage project in Jacksonville rang up a $275,000 sale.
Capital Holdings of Arkansas LLC of Winter Garden, Florida, purchased the 140 Municipal Drive property from Peacock Ltd., led by James Peacock.
The limited partnership funded $265,000 of the transaction.
The 1.57-acre development was acquired for $255,000 in July 2005 from Goodsell Family Ltd., led by Odes Goodsell.
Office-Warehouse I
An 11,000-SF office-warehouse in North Little Rock drew a $217,500 deal.
Elisei Cojocaru bought the 3800 E. Broadway project from GWJ Enterprises LLC of Germantown, Tennessee, successor to Grady W. Jones of Little Rock Inc.
The 0.52-acre property was purchased for $21,500 in July 1956 from Jake and Maggie Henson.
Office-Warehouse II
A 7,500-SF office-warehouse in North Little Rock sold for $200,000.
Rogers River Holdings LLC, led by Jonathan Rogers, acquired the 2024 W. 38th St. project. The seller is W.W. Arnold Family Ltd., led by W.W. Arnold Jr. and Sharon Arnold.
The 0.47-acre development was purchased for $273,000 in July 2002 from Madison Bank & Trust of Kingston.
Office-Warehouse III
A 24,480-SF office-warehouse in east Little Rock changed hands in a $175,000 deal.
New Horizon Properties LLC, led by Shane Mathews, bought the 922 Shall Ave. project. The seller is Dooley Properties of Arkansas LLC, led by William and Dana Steward.
The deal is financed with a $195,500 loan from Gateway Bank of Rison (Cleveland County).
Dooley Properties acquired the 1.16-acre development for $223,200 in November 2005 from the Randall Steward Trust.
Sologne Manor
A 5,468-SF home in the Sologne Circle neighborhood of west Little Rock’s Chenal Valley development is under new ownership after a $911,000 transaction.
Bobby Rowlett purchased the house from Brad and Amy Baltz. The deal is backed with a $700,000 loan from the Bank of Fayette County in Piperton, Tennessee.
The residence previously was tied to a June 2012 mortgage of $1.1 million held by Arvest Bank.
The Baltz family bought the property for $1.2 million in March 2007 from George and Kathy Wheatley.
St. John’s Residence
A 2,506-SF home in Little Rock’s St. John’s neighborhood rang up a $799,000 sale.
Patricia Bailey acquired the house from Philip and Paula Bennett Schmidt. The deal is funded with a 30-year loan of $639,000 from Centennial Bank of Conway.
The residence previously was linked with a November 2010 mortgage of $298,400 held by Arvest Mortgage Co. of Lowell.
Sole ownership of the property was purchased for $182,000 in February 2010 from Suzanne Bennett.
Courts House
A 5,086-SF home in The Courts neighborhood of west Little Rock’s Chenal Valley development drew a $665,000 deal.
Lloyd and Christine Castillo bought the house from the Grace Hoffman Trust.
The deal is financed with a 30-year loan of $265,000 from Simmons First National Bank.
The residence was acquired for $663,000 in 2008 from Coburn Construction LLC, led by Roger Coburn.
Miramar Abode
A 3,602-SF home in the Miramar Place neighborhood of west Little Rock’s Chenal Valley development sold for $550,600.
Christie and Deno Grumbos purchased the house from E. Ward Construction Inc., led by Eric Ward.
The deal is backed with a 30-year loan of $350,600 from Arvest Bank.
The location was bought for $87,000 in December 2014 from Deltic Timber Corp.