A 35,492-SF bowling center in North Little Rock weighed in at $2.3 million.
Millennium Bowl of Little Rock LLC, led by Anil Nayar, Aziz Pabani, Akbar Pabani and Kairunnisa Khan, bought its namesake project at 7200 Counts Massie Road. The seller is Millennium Bowl Inc., led by James Moore.
The property now is helping secure a five-year loan of $3.2 million from Centennial Bank of Conway.
The 3.3-acre development previously was tied to a February 2008 mortgage of $1.9 million held by Triumph Bank of Memphis.
The site was purchased for $260,000 in April 2002 from Richdale Development Group LLC, led by Keith Richardson.
Parker Property
A 6.18-acre commercial site in west Little Rock tipped the scales at $1.54 million.
Lexus Land LLC, led by David Parker, acquired the land near the northwest corner of Shackleford Road and West Shackleford Boulevard. The seller is Westrock Partnership, led by Robert Vogel.
The land is part of an 89-acre tract Westrock bought in June 1995 from the Federal Deposit Insurance Corp. for $2.63 million.
Commercial Parcel
A 3.74-acre commercial site in North Little Rock changed hands in a $735,000 sale.
Setu Inc., led by Manoj Patel, purchased the land near the northwest corner of Stockton Drive and Smokey Lane. The seller is Woodcrest Co. LLP, led by James P. Matthews.
The deal is funded with a three-year loan of $1 million from First Arkansas Bank & Trust of Jacksonville.
The property previously was used to help secure a string of mortgages held by Centennial Bank: a $430,000 loan in May 2008, a $5.4 million line of credit in July 2009 and three July 2014 loans of $10.6 million, $3.2 million and $312,641.
The land was part of the 400-acre Springhill Farm the Matthews family bought in August 1959.
John and Martha Matthews acquired it from Fred and Katherine Watkins for $250,000.
Auto Transaction
A 6,739-SF auto parts store in Sherwood rang up a $425,000 transaction.
Clifton Family LLLP, led by Norman Clifton, bought the Advance Auto Parts at 4120 E. Kiehl Ave. The seller is Valley Realty Co., led by Larry Magdovitz.
The 0.79-acre development helped secure an August 2014 mortgage of $460,000 held by First Alliance Bank of Cordova, Tennessee.
Valley Realty purchased the property for $573,000 two years ago from Hal and Vicki Matthews.
Masoud Investment
A 9,900-SF retail center and 44-unit mini-storage facility in southwest Little Rock are under new ownership after a $250,000 sale.
Masoud Investments Inc., led by Wadeea Masoud, acquired the South Heights project at 4729 Baseline Road. The seller is Sunbelt Investment Eight, led by Roger Hawk.
The 1.35-acre development was bought for $335,000 in September 1989 from First National Bank of Fayetteville.
Acreage Acquisition
A 315.8-acre tract in south Pulaski County drew a $220,000 transaction.
Greenwing Properties LLC, led by Joseph Baker and Brian Bewley, purchased the land along 145th Street between Interstate 530 and Wrightsville. The seller is Silvicraft Inc., led by Michael Pierce.
The deal is financed with a 10-month loan of $165,000 from Arvest Bank of Fayetteville.
The property previously was tied to a June 2011 mortgage of $315,170 from Commercial Bank & Trust of Monticello.
Silvicraft acquired the land for $315,000 five years ago from Townsend Partners, led by Lisa and Edward Wright, Mark Townsend and Kristi Floyd.
Bella Rosa Manor
A 5,673-SF home in the Bella Rosa Estates neighborhood of west Little Rock weighed in at $1 million.
Kristen Lienhart and Chad Gossett bought the house from Kristopher Magnuson.
The deal is backed with a 30-year loan of $800,000 from Bank of Little Rock Mortgage Corp.
The residence previously was linked with an August 2014 mortgage of $625,000 held by Bank of Little Rock Mortgage.
Magnuson purchased the location in February 2013 as part of an $186,000 deal with Steve Wortman.
Prospect Home
A 3,850-SF home in Little Rock’s Prospect Terrace neighborhood sold for $875,000.
William and Corinne Beck acquired the house from the Stamp Revocable Trust, led by Stephen and Patricia Chaffin.
The deal is funded with a 30-year loan of $831,250 from SunTrust Mortgage Inc. of Richmond, Virginia. The residence previously was used to help secure a September 2011 mortgage of $1.9 million held by First Security Bank of Searcy.
The trust bought the property for $916,000 in August 2005 from James and Donna McDonald.
Rural Residence
A 5,099-SF home in the Virginia Downs neighborhood of west Pulaski County changed hands in an $815,000 transaction.
Jon and Kricia Palmer purchased the house from Bryan and Christie Yarnell.
The deal is financed with a 30-year loan of $417,000 from Bank of Little Rock Mortgage and a 15-year loan of $315,585 from BancorpSouth Bank of Tupelo, Mississippi.
The residence previously was tied to a May 2015 mortgage of $395,500 held by Simmons Bank of Pine Bluff.
The Yarnells acquired the property for $715,000 in June 2011 from John and Jill Childers.
Orle Abode
A 4,871-SF home in the Orle neighborhood of west Little Rock’s Chenal Valley development rang up a $725,000 sale.
Matthew and Kristin St. Clair bought the house from Chad and Lindsay Wilkerson.
The deal is backed with a 30-year loan of $540,000 from Arkansas Federal Credit Union of Jacksonville. The residence previously was linked with an October 2009 mortgage of $753,601 held by Jim Bottin.
The Wilkersons purchased the property for $759,000 in August 2009 from Wilson and Barbara Hatfield.
Chimney Rock House
A 5,876-SF home in North Little Rock’s Chimney Rock neighborhood drew a $510,000 transaction.
Jason and Ashley Mounts acquired the house from Michael and Rhonda Marlar. The deal is funded with a 30-year loan of $408,000 from Bank of Little Rock Mortgage.
The Marlars bought the residence for $600,000 in January 2003 from Alvin Schultz.
Suite Funding
The owner of an 80-room hotel in west Little Rock picked up a $5.25 million funding agreement.
Chi Development Co. LLC, led by Jasen Chi, received the five-year loan from U.S. Bank of Cincinnati to improve and refinance the Candlewood Suites Extended Stay Hotel.
The 1.43-acre development at 10520 W. Markham St. previously was tied to a December 2010 mortgage of $3.7 million held by IberiaBank of Lafayette, Louisiana.
The former Shoney’s restaurant location was purchased for $640,000 in March 1998 from RBR Enterprises Inc., led by Carl Ricker.
Office Mortgage
A 4,920-SF office building in downtown Little Rock was used to secure a $2 million funding agreement.
TMG Properties LLC, led by Larry Hale, Robert McLarty and Paul Neaville, obtained the one-year loan from First Security Bank.
The 0.24-acre development at 1000 W. Third St. also is linked with an April 2014 mortgage of $332,521 held by the bank.
TMG bought the property for $385,000 in November 2009 from the William J. Walker & June Walker Revocable Trust.