Residential property sales, storage units top November deals in Sebastian County

by Michael Tilley ([email protected]) 1,705 views 

A $5 million sale of 16 residential parcels along Houston and South Houston streets in east Fort Smith and a self storage unit ownership change were the top Sebastian County property deals in November, according to info from the office of Sebastian County Assessor Zach Johnson.

The residential property was sold by Danny Meadows Builder Inc. to Jason and Anna Nguyen on Nov. 18. The second largest deal was for $2,2 million, with Whit and Gage Investments selling a self storage unit at 7501 Veterans Ave., in Fort Smith, to Chaffee Self Storage. That deal closed Nov. 4.

The top 10 deals in November had a combined deal value of $15.906 million.

A $20.387 million sale of the new Veterans Affairs Clinic in Fort Smith and associated property is the largest Sebastian County property deal so far in 2022. The deal, which closed Nov. 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.

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

Transaction amount: $5 million
Seller: Danny Meadows Builder Inc.
Buyer: Jason and Anna Nguyen
Sale Date: Nov. 18
Address: Houston and South Houston Streets, Fort Smith
Description: Residential

Transaction amount: $2.2 million
Seller: Whit and Gage Investments
Buyer: Chaffee Self Storage
Sale Date: Nov. 4
Address: 7501 Veterans Ave., Fort Smith
Description: Commercial

Transaction amount: $1.9 million
Seller: McCormick Land Holdings
Buyer: Pivotal Health Solutions
Sale Date: Nov. 9
Address: 212 Bell Road, Greenwood
Description: Commercial

Transaction amount: $1.5 million
Seller: Fort Chaffee Redevelopment Authority
Buyer: Riverfront Exploration LLC
Sale Date: Nov. 22
Address: Chaffee Crossing
Description: Exempt

Transaction amount: $1.2 million
Seller: Norris Services and Construction Inc.
Buyer: Emily Jones
Sale Date: Nov. 17
Address: Fort Smith
Description: Residential-home

Transaction amount: $981,000
Seller: Flanders Industries
Buyer: Dajk Family Investments LLC
Sale Date: Nov. 23
Address: 1900 Wheeler Ave.
Description: Commercial

Transaction amount: $900,000
Seller: Khammanh and Viengsavanh Vongsady
Buyer: Hlu and Paw Thar
Sale Date: Nov. 16
Address: 9007 Raymond Landtrip Road, Mansfield
Description: Residential and Agriculture

Transaction amount: $875,000
Seller: Judy Baker McGruder Trust
Buyer: W&E Pressley Trust
Sale Date: Nov. 28
Address: Fort Smith
Description: Residential-home

Transaction amount: $825,000
Seller: Ricki Ann Schoen
Buyer: City of Greenwood
Sale Date: Nov. 22
Address: 1917 Excelsior Road, Greenwood
Description: Commercial

Transaction amount: $525,000
Seller: Ethan Harris and Erin Reano
Buyer: Kenneth Dennis
Sale Date: Nov. 18
Address: 12100 Chocoville Road, Mansfield
Description: Agriculture