Senior living center spends $10.25 million for rehab hospital

by Talk Business & Politics staff (staff2@talkbusiness.net) 839 views 

Liberty Park Senior Living of Jonesboro LLC made the most significant residential and commercial property transfer in Craighead County between Nov. 15 through Dec. 15, according to the Craighead County Assessor’s Office.

Liberty spent $10.250 million to buy a rehab hospital on Red Wolf Boulevard. The deal was completed Nov. 18.

CSGBSH Valley AR LLC, made the second most significant real estate purchase in the region during the period. It bought Your Extra Closet mini-warehouse for $1.918 million on Southwest Drive. The deal was completed Dec 3.

In the third largest real estate deal in the region, FNBC Bank bought 1.3 commercial acres on Fair Park Boulevard. The deal was worth $1.169 million and was completed Nov. 20.

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

Transaction amount: $640,000
Seller: Belinda Wimpy
Buyer: Charles and Leigh Smith
Sale date: Nov. 25
Address: upper duckwater addition
Description: house

Transaction amount: $539,000
Seller: Dennis Beavers
Buyer: Thomas and Rachel Nix
Sale date: Nov. 19
Address: N/A
Description: house

Transaction amount: $525,000
Seller: Kevin and Staci Darr
Buyer: Juney & Darlene Smith
Sale date: Dec. 2
Address: N/A
Description: house

Transaction amount: $478,750
Seller: Five Grand LLC
Buyer: Deerfield Crossing LLC
Sale date: Nov. 20
Address: N/A
Description: multifamily units

Transaction amount: $429,000
Seller: Martha Lawrence
Buyer: Robert and Casie Hagans
Sale date: Dec. 6
Address: N/A
Description: house and acres

Transaction amount: $400,000
Seller: Commissionere — Candace Edwards
Buyer: Centennial Bank
Sale date: Nov. 20
Address: 202 E. Washington
Description: medical office

Transaction amount: $400,000
Seller: Commissionere — Candace Edwards
Buyer: Centennial Bank
Sale date: Nov. 26
Address: 202 E. Washington
Description: medical office

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