Caliber Collision transaction top Sebastian County property deal in November

by Talk Business & Politics staff ([email protected]) 145 views 

The $5.335 million sale of a new collision repair business in Fort Smith was the top Sebastian County property deal in Sebastian County in November, according to information from the office of Sebastian County Assessor Zach Johnson.

Cross Development sold Caliber Collision at 6600 S. 31st St., in Fort Smith was sold to 175 Executive House LLC, which is managed by Roseland, N.J.-based Murnick Real Estate Services. The deal on the recently opened operation closed Nov. 21. Murnick is focused on real estate development, management, and acquisitions/dispositions.

Founded in 1997, Caliber Collision has more than 1,700 centers in 41 U.S. states with more than 27,000 employees.

The City of Fort Smith in November also closed the deal on a former restaurant property at 4501 Burrough Road in south Fort Smith. The property will be used for a Fort Smith Police Department precinct station. The property sold for $575,000 and closed Nov. 16.

The top 10 Sebastian County property deals in November had a combined deal value of $10.173 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 November transactions in Sebastian County, according to the Assessor’s office. The list is comprised from deed transfers that include the sale price.

NOVEMBER SALES
Transaction amount: $5.335 million
Seller: Cross Development
Buyer: 175 Executive House LLC
Sale Date: November 6
Address: 6600 S. 31st St., Fort Smith
Description: Commercial

Transaction amount: $769,000
Seller: Stacey and Kari Greene
Buyer: Carol J. Holden Living Trust
Sale Date: November 6
Address: Fort Smith
Description: Residential-home

Transaction amount: $575,000
Seller: Camp Plenty LLC
Buyer: City of Fort Smith
Sale Date: November 16
Address: 4501 Burrough Road, Fort Smith
Description: Commercial

Transaction amount: $565,000
Seller: Daniel and Amanda Johns
Buyer: Christopher Aponte and Diem Nguyen
Sale Date: November 8
Address: Fort Smith
Description: Residential-home

Transaction amount: $550,000
Seller: Cemetery Improvement Co.
Buyer: Cotner Properties Limited Partnership
Sale Date: November 9
Address: 2805 McKinley Ave., Fort Smith
Description: Commercial-cemetery

Transaction amount: $538,500
Seller: Justin Clayton and Jaidi Lynne
Buyer: Michael and Judy Pennington
Sale Date: November 8
Address: Fort Smith
Description: Residential-home

Transaction amount: $491,000
Seller: Brennon and Jill McMahon
Buyer: Joshua and Melanie Omara
Sale Date: November 14
Address: Greenwood
Description: Residential-home

Transaction amount: $460,000
Seller: Steven and Staci Holden
Buyer: Ryan and Kimberly Davis
Sale Date: November 10
Address: Greenwood
Description: Residential-home

Transaction amount: $445,000
Seller: Dennis and Kara Anderson Family Trust
Buyer: Jean Campbell Living Trust
Sale Date: November 7
Address: Fort Smith
Description: Residential-home

Transaction amount: $445,000
Seller: Brian and Jolene Knapp
Buyer: David and Shirley McCombs
Sale Date: November 4
Address: Fort Smith
Description: Residential-home