Southern Hills subdivision land purchase tops $6.89 million in Jonesboro

by Talk Business & Politics staff ([email protected]) 1,525 views 

1688 Radford Road Residential Cooperative Inc. made the most significant residential and commercial property transfer in Craighead County, from Nov. 15 through Dec. 15, according to the Craighead County Assessor’s Office. The company spent $6.897 million to buy commercial property in the Southern Hills Subdivision. The deal was completed Dec. 1.

Seagull Investments LLC made the second most significant real estate purchase in the region during the period. The company bought a car wash on Nettleton Avenue for $4.4 million. The deal was completed Dec. 7.

In the third largest real estate deal in the region, Erving Ridge Consulting & Development LLC bought a shopping center at 3009 Highland Drive. The deal was for $4.03 million and it was completed Dec. 10.

Following are the other top transactions during the period in the county.

Transaction amount: $1.6 million
Seller: Fermera Management LLC
Buyer: Boho Investments LLC
Sale date: Dec. 8
Address: 2801 Parkwood
Description: commercial property

Transaction amount: $1.2 million
Seller: Mickie and Vickie Baugh
Buyer: Benjamin & Tami Kisling
Sale date: Nov. 18
Address: N/A
Description: house

Transaction amount: $828,000
Seller: Jordan and Kellie Janik
Buyer: Matthew and Mary Hyneman
Sale date: Dec. 1
Address: Woodspoint
Description: house

Transaction amount: $810,000
Seller: Rowdy Boys LLC
Buyer: Grisham Farms LLC
Sale date: Dec. 6
Address: N/A
Description: crop acres

Transaction amount: $800,000
Seller: Armand Ugon
Buyer: Kevin and Sherry Pierce
Sale date: Dec. 3
Address: Ridgepointe
Description: house

Transaction amount: $786,000
Seller: PTG Properties LLC and 740 Southwest Drive LLC
Buyer: I 555 Holdings LLC
Sale date: Nov. 16
Address: 740 Southwest Drive
Description: office building

Transaction amount: $782,000
Seller: Sandra Cates
Buyer: Grimes Land Company LLC
Sale date: Dec. 7
Address: Brookland
Description: house