L&E Equity Continues Meadowlands Additions
John David Lindsey and Kirk Elsass, through their company L&E Equity, are building four more lots at Fayetteville’s Meadowlands subdivision. The two got four loans totaling $498,000 on Oct. 11 from First Federal Bank.
Meadowlands is on the south side of Arkansas Highway 16 West, just west of the Catfish Hole #3 restaurant.
The half-acre lots will have brick homes of about 1,900 SF, with vaulted ceilings, Jacuzzi tubs and sodded yards. L&E will make the homes available for sale or lease. Sale prices will range from $100,000-$135,000, while leases will run about $1,250 per month.