Aaron Littlefield Acquires 15 HighPointe Homes
by January 24, 2011 12:00 am 503 views
Aaron B. Littlefield III, through his Double L Investments of Booneville LLC, purchased 15 single-family homes for $1.61 million recently.
Littlefield is an executive of Littlefield Oil Co. of Fort Smith.
The homes are located in the 3800, 3900 and 4000 blocks of Ridgepointe Ave. in Bentonville in the HighPointe subdivision.
Littlefield purchased the homes from Mark Spradlin through his Highpointe LLC of Fort Smith.
HighPointe subdivision was started in 2007 and has about 50 completed craftsman-style homes. It is located north of State Highway 102/SW 14th Street, adjacent to Tater Black Memorial Road.
There is an active property owners’ association – dues are $25 per month.
Chambers Bank financed the Littlefield purchase.
Duffy Buys
Skyler Homes
Matt Duffy, through his Duffy Holdings LLC, recently purchased 10 single-family homes in Fayetteville’s Skyler Place addition.
Duffy paid Arvest Mortgage Co. $707,000 for the properties.
Duffy also is the CEO of Twin Rivers Foods Inc. of Fayetteville.
The homes are located at 1583, 1585, 1603, 1605, 1604, 1602, 1557 and 1559 N. Evening Shade Dr., and 1554 and 1556 N. Willowbrook Dr.
Arvest Bank-Fayetteville recently loaned Duffy $494,375.
All homes were built in 2004 and are about 1,216 SF.
John M. Horne had previously owned the homes. Arvest foreclosed on the properties in November 2009.
Jeff Esima of Rogers recently purchased six homes in the addition.
Legacy Builds
Three Homes
Legacy Ventures LLC recently purchased 3 building permits valued at a combined $464,671.
The permits are for construction of single-family homes to be located at 1633, 1641 and 1645 W. Deane St. in Fayetteville.
Submit tips about lease activity, construction, transactions or upcoming projects valued at $300,000 or more to Worth Sparkman at [email protected]. Please write ‘Real Deals’ in the subject line.