$12 million Wolf Creek apartment sale tops recent Craighead County property deals

Raphael LLC made the most significant residential and commercial property transfer in Craighead County, from Jan. 15 to Feb. 15, according to the Craighead County Assessor’s Office. The company spent $12.05 million on the Wolf Creek apartment complex. The deal was completed Jan. 18.

JRM4 LLC made the second most significant real estate purchase in the region during the period. The company bought a retail store on Coop Drive for $1.4 million and the deal was completed Feb. 15.

In the third largest transaction in the region, Noble Arkansas Ventures LLC bought a convenience store on Caraway Drive. The deal was for $1.35 million and was completed Feb. 1.

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

Transaction amount: $1 million
Seller: Dean Lee LLC
Buyer: Brookland Public School District
Sale date: Feb. 6
Address: N/A
Description: residential acres

Transaction amount: $825,000
Seller: Max Dacus Senior Revocable Trust and Max Dacus Jr. and Jennifer Lynn
Buyer: H&E Equipment Services Inc.
Sale date: Jan. 26
Address: 2400 Dr. Martin King Jr. Drive
Description: office building

Transaction amount: $739,000
Seller: James and Janna Maxwell
Buyer: Victoria and Jared Chism
Sale date: Jan. 26
Address: Lawson Road
Description: house

Transaction amount: $590,000
Seller: All Saints Lutheran Church
Buyer: Brick Oven Pizza Properties
Sale date: Feb. 1
Address: Highland Drive
Description: house

Transaction amount: $575,000
Seller: Tyson and Lindsey Privett
Buyer: Mark and Kim Dixon
Sale date: Feb. 1
Address: N/A
Description: house

Transaction amount: $525,000
Seller: Partovis Gyros & Falafel Inc.
Buyer: Jackland Holdings LLC
Sale date: Feb. 12
Address: 2916 Caraway Road
Description: restaurant

Transaction amount: $520,000
Seller: Terrel and Carolyn Watkins
Buyer: Kip and Pamela Hesse
Sale date: Jan. 29
Address: Masters Drive
Description: house