VA Clinic, apartments are top recent Sebastian County property deals

by Michael Tilley ([email protected]) 1,494 views 

A $20.387 million sale of the new Veterans Affairs Clinic in Fort Smith and property is the largest Sebastian County property deal so far in 2022, according to info from the office of Sebastian County Assessor Zach Johnson.

The deal, which closed Sept. 8, had VAF 5700 Phoenix Place LLC sell the property to GOV VA Fort Smith LLC. Robert Pardo is the registered agent for VAF, with the corporate address in Beverly Hills, Calif. The buyer is based in Winston-Salem, N.C., with agents listed being HC Government Realty Holdings and Jacqlyn Piscetelli.

The 49,500-square-foot VA Clinic, located at 5700 Phoenix Ave., was completed in early 2021, with the building permit valued at $15.7 million.

October’s top deal was the $8.25 million sale of Harbortown Apartments in east Fort Smith at 9608 Meandering Way. Harbortown Limited Partnership sold the property to Englewood, Colo.-based Meandering Way Partnership. Bobby Stephens, a former executive at what was Beverly Enterprises, was an agent listed with Harbortown Limited Partnership.

Prior to September, the $9 million sale of an apartment complex in the southwest corner of Grand Avenue and Interstate 540 was the largest Sebastian County property transaction. FS3 Holdings LLC sold the apartment complex at 5901 Kinkead Ave., on June 7 to Rampart Enterprises Inc.

Following are the top Sebastian County deals in September and October.

SEPTEMBER
Following are the top 10 September transactions in Sebastian County, according to the Assessor’s office. The list is comprised from deed transfers that include the sale price.

Transaction amount: $20.387 million
Seller: VAF 5700 Phoenix Place LLC
Buyer: GOV VA Ft. Smith LLC
Sale Date: Sept. 8
Address: 5700 Phoenix Place, Fort Smith
Description: Commercial

Transaction amount: $950,000
Seller: Stephen and Linda Kolker
Buyer: Thomas J. Keepes Revocable Trust
Sale Date: Sept. 7
Address: 1521 Mt. Harmony Road, Greenwood
Description: Agriculture

Transaction amount: $880,000
Seller: The Vineyard Group LLC
Buyer: Properties by Le LLC
Sale Date: Sept. 8
Address: Fort Smith
Description: Residential-home

Transaction amount: $590,000
Seller: Dylan and Jessica Higgins
Buyer: Brent and Megan Moss
Sale Date: Sept. 13
Address: Fort Smith
Description: Residential-home

Transaction amount: $545,000
Seller: James Holland
Buyer: Christopher and Wanda Kersey
Sale Date: Sept. 6
Address: 6208 Pear Orchard Road, Charleston
Description: Agriculture

Transaction amount: $485,000
Seller: Robert and Sharon Chapman
Buyer: Jim and Carol Curlin
Sale Date: Sept. 6
Address: Fort Smith
Description: Residential-home

Transaction amount: $480,036
Seller: Brownstone Development Group LLC
Buyer: Jeremiah and Candace Bogdon
Sale Date: Sept. 16
Address: S. U.S. 253, Greenwood
Description: Agriculture

Transaction amount: $466,000
Seller: Carrington Creek Holdings LLC
Buyer: David Duong
Sale Date: Sept. 6
Address: Fort Smith
Description: Residential-home

Transaction amount: $465,000
Seller: Jaffet and Brooke Mooney
Buyer: Alexander Clark Braden Trust
Sale Date: Sept. 16
Address: Fort Smith
Description: Residential-home

Transaction amount: $460,000
Seller: Darrin and Crystal Bercher
Buyer: Jeremy and Ashlee McBride
Sale Date: Sept. 16
Address: Fort Smith
Description: Residential-home

OCTOBER
Following are the top nine October transactions in Sebastian County, according to the Assessor’s office. Because of a system glitch, the office was able to only provide the nine largest deals. The list is comprised from deed transfers that include the sale price.

Transaction amount: $8.25 million
Seller: Harbortown Limited Partnership
Buyer: Meandering Way Partnership LLP
Sale Date: Oct. 6
Address: 9608 Meandering Way, Fort Smith
Description: Residential-apartments

Transaction amount: $1.1 million
Seller: Jared S. Fowler Estate
Buyer: Strozier Storage Partners LLC
Sale Date: Oct. 17
Address: 933 Highway 255, Barling
Description: Commercial

Transaction amount: $795,000
Seller: Harp’s Food Stores
Buyer: RSMJ LLC
Sale Date: Oct. 10
Address: 1205 Fort St., Barling
Description: Commercial

Transaction amount: $695,000
Seller: MAG Enterprises LLC
Buyer: Rogers Properties Living Trust
Sale Date: Oct. 12
Address: 5004 S. U St., Fort Smith
Description: Commercial

Transaction amount: $675,000
Seller: Randy and Laura Colip Family Trust
Buyer: Al Midani Lubina
Sale Date: Oct. 20
Address: Fort Smith
Description: Residential-home

Transaction amount: $660,000
Seller: Rogers Properties Living Trust
Buyer: TFI LLC
Sale Date: Oct. 6
Address: 5300 Rogers Ave., Fort Smith
Description: Commercial

Transaction amount: $640,000
Seller: Randal and Gerry Family Trust
Buyer: Crider-Epitome Living Trust
Sale Date: Oct. 19
Address: Fort Smith
Description: Residential-home

Transaction amount: $575,000
Seller: Larry Lau Trust and Sharla Lau Living Trust
Buyer: HQC Properties LLC
Sale Date: Oct. 3
Address: 2910-2912 Rogers Ave., Fort Smith
Description: Commercial

Transaction amount: $496,000
Seller: Sebastian Fenwick
Buyer: Nicholas Marrone and Alexandria Fenwick
Sale Date: Oct. 6
Address: Fort Smith
Description: Residential-home