Car wash, car dealership among top real estate transactions

by Talk Business & Politics staff ([email protected]) 1,266 views 

Soap Wash Funding LLC made the most significant residential and commercial property transfer in Craighead County, from Dec. 15 through Jan. 15, according to the Craighead County Assessor’s Office. The company spent $1.601 million to buy a car wash on Southwest Drive. The deal was completed Dec. 28.

LongPoint Enterprises LLC. made the second most significant real estate purchase in the region during the period. It bought an office building on Windover for $1.55 million. The deal was completed Dec. 31.

In the third largest real estate deal in the region, Cotrust Carm LLC bought a used car dealership on Red Wolf Boulevard. The deal was for $1.3 million and it was completed Dec. 30.

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

Transaction amount: $1.1 million
Seller: Phillips Investment and Construction
Buyer: Hilltop Properties LLC
Sale date: Dec. 15
Address: 4100 Johnson Ave.
Description: commercial property

Transaction amount: $795,000
Seller: Phillips Investment and Construction
Buyer: River City Properties Inc.
Sale date: Dec. 29
Address: 3511 Harrisburg Road
Description: gas station

Transaction amount: $765,000
Seller: Victor and Leigh Montgomery
Buyer: Clark and Summer Tyson
Sale date: Dec. 18
Address: N/A
Description: house

Transaction amount: $550,000
Seller: Craighead Land Company LLC
Buyer: KG Store 1391 LLC
Sale date: Dec. 29
Address: 4818 E. Highland Drive
Description: office building

Transaction amount: $499,000
Seller: Mountain Park Place Assoc. and Jeb L. & Karen T. Hughes
Buyer: Papitos Loco Mexican Restaurant Inc.
Sale date: Dec. 15
Address: Parker Road
Description: restaurant

Transaction amount: $490,000
Seller: Paul and Laura Pickens
Buyer: Erik and Jenny Rosenlof
Sale date: Jan. 8
Address: N/A
Description: house

Transaction amount: $470,000
Seller: Camco Builders Inc.
Buyer: Mark P. Jr. & Megan Barnett
Sale date: Dec. 30
Address: Lake Pointe Estates
Description: house

Facebook Comments