Auto service center, quick lube sales top Sebastian County deals in August and September

The $1.17 million sale of an auto service center on Rogers Avenue in Fort Smith was the top Sebastian County property deal during August and September, according to information provided by the office of Sebastian County Assessor Zach Johnson.

Prairie Land Holdings bought the prime property – located across Rogers Avenue from the Mercy Fort Smith hospital campus – on Sept. 12 from 7320 Rogers LLC. Fort Smith developer Stuart Ghan is listed as the incorporator of Prairie Land Holdings.

The second largest property deal in the two months was a $1.108 million sale of a former quick lube building at 3500 Massard Road. 3500 Massard Road LLC sold the property on Sept. 6 to Zion Investment Properties LLC, a Little Rock-based company with Karen Akin listed as the incorporator. 3500 Massard Road LLC is listed as a foreign owned company by the Arkansas Secretary of State, with the primary address in Richmond Hill, N.Y.

The top August property deal was the $813,000 sale of a home in Fort Smith by Mervin Leader to Christopher and Christina Stec. That deal was closed Aug. 3.

The top 10 deals in August had a combined deal value of $6.03 million, and the top September deals had a combined value of $6.886 million.

The largest deal so far in 2023 is the $5.7 million sale of Southbrooke apartments on 8201 U.S. 271 S., in Fort Smith. The complex was sold by Dallas-based FS Southbrooke to Fort Smith-based Southbrooke Fort Smith in deal that closed April 6. The new owners plans to renovate the 129-unit apartment complex.

A $20.387 million sale of the new Veterans Affairs Clinic in Fort Smith and associated property was the largest Sebastian County property deal in 2022. The deal closed Sept. 8. 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 August and September transactions in Sebastian County, according to the Assessor’s office. The list is comprised from deed transfers that include the sale price.

AUGUST SALES
Transaction amount: $813,000
Seller: Mervin Leader
Buyer: Christopher and Christina Step
Sale Date: August 3
Address: Fort Smith
Description: Residential-hom

Transaction amount: $720,000
Seller: Mark and Leslie Sharp Revocable Living Trust
Buyer: Michael and April Rosetti
Sale Date: August 8
Address: Greenwood
Description: Residential-home

Transaction amount: $693,000
Seller: Ward and Ann Clemons
Buyer: Gary and Lynn Hoffman
Sale Date: August 11
Address: Fort Smith
Description: Residential-home

Transaction amount: $630,000
Seller: Jeff Frost Bypass Trust
Buyer: Brothers Convenience Store
Sale Date: August 28
Address: 3638 Midland Blvd., Fort Smith
Description: Commercial-convenience store

Transaction amount: $579,900
Seller: William and Evelyn Jones Family Trust
Buyer: Kyle and Jacqueline Gilliam
Sale Date: August 28
Address: Fort Smith
Description: Residential-home

Transaction amount: $550,000
Seller: Rock and Linda Rodebush Living Trust
Buyer: William Seeger
Sale Date: August 25
Address: 7909 Veterans Ave., Fort Smith
Description: Commercial

Transaction amount: $540,000
Seller: Spencer Doughtery and Erika Rodriguez
Buyer: Clifton Ladd Family Trust
Sale Date: August 20
Address: Fort Smith
Description: Residential-home

Transaction amount: $520,000
Seller: Schawn Shipley
Buyer: Moushumi and Allen Kamal
Sale Date: August 15
Address: Fort Smith
Description: Residential-home

Transaction amount: $520,000
Seller: Joe and Carla Byers
Buyer: Arvest Bank, Justin Revocable Trust
Sale Date: August 18
Address: Fort Smith
Description: Residential-home

Transaction amount: $465,000
Seller: Gary and Lynn Hoffman
Buyer: Lindsey and Hong Thi France
Sale Date: August 10
Address: Fort Smith
Description: Residential-home

SEPTEMBER SALES
Transaction amount: $1.17 million
Seller: Prairie Land Holdings
Buyer: 7320 Rogers LLC
Sale Date: September 12
Address: 7310 Rogers Ave., Fort Smith
Description: Commercial-auto service center

Transaction amount: $1.108 million
Seller: 3500 Massard Road LLC
Buyer: Zion Investment Properties LLC
Sale Date: September 6
Address: 3500 Massard Road, Fort Smith
Description: Commercial

Transaction amount: $800,000
Seller: Darrell and Deborah Robinson, Scott and Courtney Brooke
Buyer: The Box 83 Warehouse LLC
Sale Date: September 15
Address: various locations in downtown Fort Smith
Description: Commercial

Transaction amount: $755,000
Seller: Eric Hall and Jennifer Hall
Buyer: Chasen Garrett and Ana Romo Blas
Sale Date: September 14
Address: Fort Smith
Description: Residential-home

Transaction amount: $730,000
Seller: BJT Management Co. Inc.
Buyer: Fenwick Sebastian County LLC
Sale Date: September 14
Address: Fort Smith
Description: Residential-home

Transaction amount: $500,000
Seller: Dale and Nancy Asbury Family Trust
Buyer: Ryan and Lydia Patton
Sale Date: September 5
Address: Fort Smith
Description: Residential-home

Transaction amount: $489,000
Seller: Harris Properties LLC
Buyer: Charles and Destine Thornburg
Sale Date: September 6
Address: Fort Smith
Description: Residential-home

Transaction amount: $454,500
Seller: Phillip and Alicia Saunders
Buyer: Dale and Linda Baugus
Sale Date: September 12
Address: Greenwood
Description: Residential-home

Transaction amount: $450,000
Seller: Glenda Brasfield
Buyer: S&J Express Lube
Sale Date: September 15
Address: 14818 U.S. 71 South
Description: Commercial

Transaction amount: $430,000
Seller: William and Kay McCarley
Buyer: Laura Hees
Sale Date: September 6
Address: Fort Smith
Description: Residential-home