Car wash, apartments top recent NEA property transactions
State Line Properties LLC made the most significant residential and commercial property transfer in Craighead County, from July 15 through Aug. 15, according to the Craighead County Assessor’s Office. The company spent $1.65 million to buy a car wash on East Johnson. The deal was completed July 27.
BSW Enterprises LLC made the second most significant real estate purchase in the region during the period. It bought two warehouses for $1.5 million. The deal was completed July 16. In the third largest real estate deal, Deborah Rusher Nix Irrevocable Trust bought an office building on Alexander Drive. The deal was for $1.46 million and it was completed July 30.
The following are the other top transactions during the period in the county,
Transaction amount: $1.17 million
Seller: Cobb Family Partnership LLLP
Buyer: Steve and Terri Cobb
Sale date: Aug. 10
Address: N/A
Description: acres
Transaction amount: $1.1 million
Seller: G Enterprises LLC
Buyer: Diamond Land Holdings LLC
Sale date: July 26
Address: 1110 Belt
Description: multifamily housing units
Transaction amount: $970,200
Seller: David Tyer
Buyer: TMI Land LLC
Sale date: July 15
Address: N/A
Description: acres
Transaction amount: $870,000
Seller: Kelly and Christy Phipps
Buyer: Shannon and Christopher Booker
Sale date: July 19
Address: Big Creek Farms
Description: house
Transaction amount: $840,000
Seller: Northeast Arkansas Properties and Investments Inc.
Buyer: Homestead Farm and Lawn LLC
Sale date: Aug. 12
Address: N/A
Description: acres
Transaction amount: $705,000
Seller: Brett and Sarah Welch
Buyer: Stephen and Nicole Townsend
Sale date: Aug. 5
Address: County Road 766
Description: house
Transaction amount: $694,000
Seller: Michael and Linda Goad
Buyer: Garry and Ellen Bass
Sale date: Aug. 6
Address: Ridgepointe
Description: house