Kum & Go, medical office top largest property transactions in Jonesboro

by Talk Business & Politics staff ([email protected]) 1,487 views 

Trio Fund/Bono AR LLC made the most significant residential and commercial property transfer in Craighead County, from Jan. 15 through Feb. 15, according to the Craighead County Assessor’s Office. The company spent $2.88 million to buy the Kum & Go convenience store in Bono. The deal was completed Jan. 25.

JLK Inc. made the second most significant real estate purchase in the region during the period. The company bought a medical office for $2.5 million. The deal was completed Jan. 20.

In the third largest real estate deal in the region, Sahara Rose LLC bought a commercial building in downtown Jonesboro. The deal was for $1.48 million and was completed Jan. 27.

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

Transaction amount: $1.4 million
Seller: Russell and Rita Degges
Buyer: Michael and Tami Holland
Sale date: Jan. 28
Address: Ridgepointe
Description: house

Transaction amount: $1.3 million
Seller: Phillips Investments and Construction Inc.
Buyer: JPS of Jonesboro LLC
Sale date: Jan. 20
Address: 2117 E. Parker
Description: restaurant

Transaction amount: $1.3 million
Seller: James and Grace Phillips
Buyer: Raymond Lester Holdings LLC
Sale date: Feb. 1
Address: 2609 Browns Lane
Description: dental office

Transaction amount: $1.25 million
Seller: Hatcher Properties Inc.
Buyer: Patel Archana
Sale date: Jan. 21
Address: Amesley Manor
Description: house

Transaction amount: $835,000
Seller: Brandon Byrd and Madison Taylor
Buyer: Nathan and Gaye Larue
Sale date: Jan. 28
Address: N/A
Description: house

Transaction amount: $700,000
Seller: Mark and Christy Guffey
Buyer: Anthony and Jessica Allison
Sale date: Feb. 14
Address: Terra Bella Estates
Description: house

Transaction amount: $645,000
Seller: Kodiak Enterprises
Buyer: SSP Investments LLC
Sale date: Jan. 20
Address: 1801 Latourette Drive
Description: office building