Lake City house, acres make up top transaction in Craighead County

by Talk Business & Politics staff ([email protected]) 1,035 views 

Alpine Income Property OP LP made the most significant residential and commercial property transfer in Craighead County, from Sept. 15 to Oct. 15, according to the Craighead County Assessor’s Office.

The company spent $1.55 million on a house and acres in Lake City. The deal was completed Oct. 15.

GEV Investments LLC made the second most significant real estate purchase in the region during the period. The company bought a retail store for $1.5 million and the deal was completed Oct. 4.

In the third largest transaction in the region, the Shawna Gammill Matthews Trust bought a house in Ridgepointe. The deal was for $1.33 million and was completed Oct. 6.

The following are the other top transactions during the period in the county:

Transaction amount: $850,000
Seller: NEA Storage LLC
Buyer: Fortune Holdings LLC
Sale date: Oct. 2
Address: Highway 49 North
Description: storage units

Transaction amount: $850,000
Seller: Donald Wade Jr. and Stephanie Lee
Buyer: Fortune Holdings LLC
Sale date: Oct. 2
Address: N/A
Description: house

Transaction amount: $850,000
Seller: Michael and Anne Faulkner
Buyer: Fortune Holdings LLC
Sale date: Oct. 2
Address: Craighead County Road 741
Description: storage units

Transaction amount: $839,000
Seller: Kara Rampley
Buyer: Ronald and Kayla Smith
Sale date: Sept. 28
Address: N/A
Description: house

Transaction amount: $825,000
Seller: Industrial Destinations LLC
Buyer: city of Jonesboro
Sale date: Sept. 26
Address: 907 Congress Road
Description: office building

Transaction amount: $606,061
Seller: Commissioner of state lands
Buyer: Maryan Bantor
Sale date: Sept. 18
Address: Missouri Street
Description: house

Transaction amount: $580,000
Seller: Laura Reiner Revocable Trust Living Trust
Buyer: Linda Sue Gaither
Revocable Trust
Sale date: Sept. 19
Address: Windover Gardens Drive
Description: house