A 20,232-SF office building in west Little Rock tipped the scales at $2.61 million.
8114 Cantrell LLC, led by Billy Roehrenbeck, purchased its namesake project.
The seller is Atkinson Properties LLC, led by Russell and Richard Atkinson.
The deal is financed with a $2.2 million loan from Centennial Bank of Conway.
The 0.83-acre development previously was linked with two February 2013 mortgages totaling $1.9 million held by Central Bank of Little Rock.
Atkinson Properties bought the Lenders Title Building at 8114 Cantrell Road for $2.25 million in October 2004 from Cantrell Road Partnership, led by David Boerner.
Rural Acreage
More than 1,200 acres of mostly wooded property south of Wrightsville weighed in at nearly $1.5 million.
Horizon Capital Partners LLLP, led by Ross Whipple, acquired the land along state Highway 365 east of Big Lake. The seller is Morgan Farms, led by John Morgan.
The land was assembled as part of three transactions totaling more than $158,000.
The sellers were Frank and Arline Fletcher, more than $30,000 in February 1943; the estate of August Bassler, $55,000 in April 1959; and Thomas Ziegler, $73,000 in November 1971.
Multifamily Buy
A 12-unit apartment project in downtown Little Rock changed hands in a $754,000 sale.
Dukes’ St. Clair LLC, led by Sheffield Duke, bought the St. Clair project at 500 E. Sixth St.
The seller is St. Clair On 6th St. LLC, led by David Thompson. The deal is backed with a three-year loan of $590,000 from First NaturalState Bank of McGehee. The 0.19-acre development previously was tied to a September 2010 mortgage of $500,000 held by One Bank & Trust of Little Rock.
The property was acquired from the bank more than five years ago for $615,000.
Rest Inn Purchase
A 26-room motel in North Little Rock is under new ownership after a $700,000 deal.
Prothro Lodging LLC, led by Sanjay and Sejal Patel, purchased the Rest Inn at 5801 Pritchard Drive from Pareshkumar and Vrushika Patel.
The sellers provided a 15-year wrap-around mortgage of $600,000 to finance the deal.
The 0.95-acre development is linked with an April 2001 mortgage of $734,000 and December 2007 mortgages of $140,262 and $61,206, all held by Riverside Bank of Sparkman (Dallas County).
Prothro Lodging bought the land in July 1996 through ABS Enterprises for $130,000.
The sellers were First Southeast Corp., led by William Pritchard, and the Roman Catholic Diocese of Little Rock.
Vet Transaction
A 3,378-SF veterinarian clinic in north Pulaski County rang up a $360,000 sale.
Vaughn John Harden Drive Properties LLC, led by Carl Vaughn, acquired the Jacksonville-Cabot Veterinary Clinic at 6619 John Harden Drive. The seller is the John & Paulette Lewis Living Trust.
The deal is funded with a five-year loan of $100,000 from Simmons Bank of Pine Bluff and a three-year loan of $474,000 from the trust.
The Lewis family purchased the 2.29-acre property for $14,000 in November 1981 from J.C. and Ruby York.
HEM Acquisition
Adjoining commercial projects in North Little Rock combined for a $200,000 transaction.
The HEM Trust, led by Hugh Edward McConnell III, bought the 3,864-SF Care-Free Aluminum Products office-warehouse at 5205 E. Broadway and 3,127-SF Little Rockins Daycare at 5172 E. Broadway.
The seller is CBM Construction Co., led by Clark McGlothlin. CBM financed the entire deal.
The 1.26-acre Care-Free property was purchased for $75,000 in April 1997 from Darlene Woodall.
The 1.43-acre Little Rockins property was acquired for $74,000 in November 1982 from Ronald Pack.
Hallen Court Home
A 5,032-SF home in the Hallen Court neighborhood of west Little Rock’s Chenal Valley development sold for $722,000.
Charles Davidson Jr. purchased the house from Cartus Financial Corp. of Danbury, Connecticut.
The deal is financed with a 30-year loan of $577,960 from Little Rock’s Bank of the Ozarks.
Cartus acquired the residence for $728,000 in November 2015 from Kristi Crum. She bought the property for $725,000 in February 2014 from Thomas and Cynthia Formicola.
Maisons Abode
A 5,063-SF home in The Maisons neighborhood of west Little Rock’s Chenal Valley development drew a $658,250 transaction.
Thomas and Betsy Mars acquired the house from William and Brenda Simpson.
The residence previously was tied to a July 2012 mortgage of $483,210 held by Bank of America in Charlotte, North Carolina.
The Simpsons purchased the property for $719,000 in August 2007 from Dr. Lynn Thomas and her husband, Thomas Smith.
Courts House
A 4,455-SF home in The Courts neighborhood of west Little Rock’s Chenal Valley development changed hands in a $589,900 deal.
Gina Tilley bought the house from Cartus Financial Corp. Cartus purchased the property for $590,000 in October 2014 from Chad and Lillian Cooper.
The Coopers acquired the residence for $585,000 in March 2009 from Roger Coburn Jr. and his wife, Julie.
Miramar Residence
A 4,536-SF home in the Miramar Place neighborhood of west Little Rock’s Chenal Valley development is under new ownership after a $540,000 sale.
Hassan Alakshar purchased the house from Robert Clancy Jr. and his wife, Patty. The deal is backed with 30-year loans of $432,000 and $54,000 from U.S. Bank of Cincinnati.
The Clancys bought the location for $85,000 in January 2015 from Todd Kuhn.
High-Rise Condo
A 1,998-SF condo in downtown Little Rock rang up a $521,000 transaction.
Christopher Moses acquired the 10th- and 11th-floor residence in the River Market Tower at 315 Rock St. from RMT II LLC, led by Jimmy Moses and Rett Tucker.
The property previously helped secure April 2014 mortgages of $18.6 million held by First Security Bank of Searcy and $3.3 million held by Citizens Bank of Batesville.
The 1.2-acre site was bought in October 2005 as part of a $5.08 million deal with the Arkansas Teacher Retirement System.
Live Oaks Dwelling
A 4,139-SF home in the Live Oaks neighborhood of west Pulaski County sold for $512,000.
Sangeeth and Rebekah Samuel purchased the house from Carl and Patricia Evans.
The deal is funded with a 15-year loan of $409,600 from Regions Bank of Birmingham, Alabama.
The residence previously was linked with a June 2012 mortgage of $393,750 held by Greenlight Financial Services of Irvine, California.
The Evans family acquired the property for $499,000 in March 2006 from David and Shirley Hardin.
Kohl’s Mortgage
An 88,581-SF retail project in west Little Rock was used to secure a $6.37 million mortgage.
Patel Kohl’s Property LLC of Cary, North Carolina, obtained the seven-year loan from Atlantic Capital Bank of Chattanooga, Tennessee.
The 9.82-acre Kohl’s development at 13909 Chenal Parkway previously was tied to a February 2006 mortgage of $7.4 million held by Bank of America.
The property was bought for $9.9 million more than 10 years ago from Weston Square LLC, led by Rick Ashley.