Two $16 million Jonesboro apartment complex sales lead monthly transactions

by Talk Business & Politics staff ([email protected]) 1,366 views 

Interurban Eagles Landing LLC made the most significant residential and commercial property transfer in Craighead County, from Aug. 15 through Sept. 15, according to the Craighead County Assessor’s Office. The company spent $16.37 million to buy the Meadows Apartments on South Caraway. The deal was completed Aug. 31.

DLP Jonesboro LLC and BSMJJTWO LLC made the second most significant real estate purchase in the region during the period. The two companies bought multifamily units on Red Wolf Boulevard for $16.35 million. The deal was completed Sept. 8.

In the third largest real estate deal in the region, Julcar Properties LLC bought Skinny J’s in downtown Jonesboro. The deal was for $1.35 million and it was completed Sept. 15.

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

Transaction amount: $1.18 million
Seller: Shree-GaJanan LLC
Buyer: Sai Jonesboro Lodging LLC
Sale date: Sept. 1
Address: 3116 Mead St.
Description: motel

Transaction amount: $1.12 million
Seller: Murray and Nancy Benton
Buyer: Mark and Jennifer G Haney Living Trust
Sale date: Aug. 31
Address: Woodlands at Terra Hills
Description: house

Transaction amount: $1.08 million
Seller: Jackson Innovation Inc.
Buyer: The Vue on Dudley LLC
Sale date: Aug. 31
Address: 227 Gee St.
Description: apartments

Transaction amount: $735,000
Seller: David and Dana Hill
Buyer: Donald and Sandra Davis
and Brooke Thomas
Sale date: Aug 26
Address: Dunwoody-Huntcliff
Description: house

Transaction amount: $670,000
Seller: Estate of Sean Wesley Stem
Buyer: Shane and Stephanie Taylor
Sale date: Aug. 27
Address: Wesley Stem Subdivision
Description: house

Transaction amount: $662,987
Seller: Palmea Farms LLC
Buyer: Baker Holding Company LLC
Sale date: Aug. 30
Address: N/A
Description: acres

Transaction amount: $656,900
Seller: Brian and Courtney Fitzwater
Buyer: RLML Investments LLC
Sale date: Aug. 16
Address: Greensborough Ridge
Description: house