NEA real estate: Apartment complex transactions hit $21.6 million
by April 11, 2020 10:16 am 2,536 views
8800 Hamerly LLP made the most significant residential and commercial property transfer in Craighead County between Feb. 15 through March. 15, according to the Craighead County Assessor’s Office. 8800 Hamerly spent $21.6 million to buy a series of apartments at 100 McNatt Drive. The deal was completed March 2.
Jonesboro Realty Holding LLC made the second most significant real estate purchase in the region during the period. It bought the Jonesboro Rehabilitation facility for $12.1 million. The deal was completed March 2.
In the third largest real estate deals in the region, Kum and Go LLC bought a gas station at 3105 Red Wolf Boulevard. The deal was for $2.125 million and completed March 13.
The following are the other top transactions during the period in the county.
Transaction amount: $1.25 million
Seller: Vision 2000 Inc
Buyer: Tactical Investments LLC
Sale date: Feb. 26
Address: 3301 Caraway Road
Description: Medic One building
Transaction amount: $589,000
Seller: Terry and Lynette Shaw
Buyer: Clay and Ashley Spencer
Sale date: Feb. 21
Address: Lake Crest Estates
Description: house
Transaction amount: $562,500
Seller: Vision 2000 Inc.
Buyer: Nair Associates LLC
Sale date: Feb. 26
Address: 2930 Browns Lane
Description: office building
Transaction amount: $420,000
Seller: Rik and Sherry Turman
Buyer: Washington Street Realty
Sale date: March 12
Address: 6555 Highway 1 South
Description: office building
Transaction amount: $420,000
Seller: Matthew and Melissa Haustein
Buyer: Joe and Beth Shulte
Sale date: March 12
Address: Lake Crest Estates
Description: house
Transaction amount: $415,000
Seller: Maryann Sihapanya Revocable Living Trust
Buyer: MSRZ Enterprise Inc.
Sale date: Feb. 28
Address: 1906 E. Johnson
Description: restaurant
Transaction amount: $394,000
Seller: Robert N. Pressle Declaration of Trust
Buyer: Cavit LLC
Sale date: March 3
Address: 320 S. Main
Description: restaurant