Car Wash sale tops NEA big deals at $1.3 million

by Talk Business & Politics staff ([email protected]) 945 views 

Sai Real Estate LLC made the most significant residential and commercial property transfer in Craighead County between Jan. 15 through Feb. 15, according to the Craighead County Assessor’s Office. Sai spent $1.3 million to buy the former Elephant Car Wash on Caraway Road. The deal was completed Jan. 23.

JRM4 LLC, made the second most significant real estate purchase in the region during the period. It bought the Phillips 66 store on Arkansas 1 South for $1.032 million. The deal closed Feb. 5.

In the third largest real estate deal in the region, Mears Brothers Investments bought Ward Wrecker Service garage and office on U.S. 63 in Bono. The transaction was for $550,000 and completed Jan. 28.
The following are the other top transactions during the period in the county.

Transaction amount: $525,000
Seller: Bryan and Jessica Kirby
Buyer: Ronald Schechter and Julie Linette
Sale date: Jan. 30
Address: Sage Meadows
Description: house

Transaction amount: $475,000
Seller: Cory McDaniel
Buyer: Ryan and Renee Peeler
Sale date: Jan. 15
Address: Lake Crest Estates
Description: house

Transaction amount: $425,000
Seller: Deborah Liles
Buyer: Michael and Nicole Perales
Sale date: Jan. 24
Address: Deer Run Estates
Description: house

Transaction amount: $400,000
Seller: Michael Layton
Buyer: James and Karen Church
Sale date: Feb. 11
Address: Greensboro Farms
Description: house

Transaction amount: $400,000
Seller: Jordan and Kellie Janik
Buyer: Bryan and Jessica Kirby
Sale date: Jan. 30
Address: Sage Meadows
Description: house

Transaction amount: $360,000
Seller: Darla and Paul Edgar
Buyer: Grimes Land Company
Sale date: Jan. 15
Address: N/A
Description: cropland

Transaction amount: $335,000
Seller: Robbyn Johnson and
Levi Hoshua
Buyer: Nicholas and Amber Thompson
Sale date: Feb. 7
Address: Grand Cascades
Description: house