Jonesboro LLC nabs 158 residential acres for $2.479 million

by Talk Business & Politics staff (staff2@talkbusiness.net) 245 views 

No Rest LLC of Jonesboro made the most significant residential and commercial property transfer in Craighead County between March 15 and April 19, according to the Craighead County Assessor’s Office.

No Rest spent $2.479 million to buy 158 acres of residential property. The deal was completed April 10.

Restaurant Holdings of Grand Rapids, Mich., made the second most significant real estate purchase in the region during the period. Restaurant Holdings bought a 3,000-square-foot fast food restaurant located at 3102 Southwest Drive. The deal was completed March 21.

In the third largest real estate deal in the region, Gamble Brothers LLC sold acreage, a warehouse building, office and retail space to Gamble Land Company LLC for $1.2 million. The deal was finalized April 4.

The following are the other top transactions during the period in the county.

Transaction amount: $850,000
Seller: Steven and Brooke Gibson
Buyer: Melvin and Donita Hosman
Sale date: March 29
Address: N/A
Description: house

Transaction amount: $750,000
Seller: Tim and Amy Redden
Buyer: Joyce Jernigan Seibert
Sale date: April 5
Address: N/A
Description: house

Transaction amount: $660,000
Seller: HB Partners LLC
Buyer: Austin and Chrystopher Cook
Sale date: March 29
Address: Oaks Subdivision
Description: residential property

Transaction amount: $600,000
Seller: Melvin and Donita Hosman
Buyer: Shannon Brooke Gibson
Sale date: March 29
Address: Ridgepointe Subdivision
Description: house

Transaction amount: $490,000
Seller: Glenwood Limited Partnership
Buyer: RSPM LLC
Sale date: April 5
Address: Gladiolus Business Park
Description: residential property

Transaction amount: $475,000
Seller: Charles and Leigh Smith
Buyer: Charles and Beverly Parker
Sale date: April 5
Address: Ridgepointe Subdivision
Description: house

Transaction amount: $450,000
Seller: Investment Properties of the North
Buyer: Living Hood Rich
Sale date: April 3
Address: 217 East Cherry
Description: medical office

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