Top 10 Sebastian County property deals in May top $6.5 million

Nine of the top 10 Sebastian County property sales in May were home sales, but the largest transaction was a $1.55 million sale of a corrugated box production plant and warehouse space along Wheeler Avenue in west Fort Smith.

Fort Smith businessman and investor Darrell Robinson bought the two properties, according to information provided by the office of Sebastian County Assessor Zach Johnson. The deal includes several buildings used for warehousing and corrugated box production and delivery. The property was owned by Andrew and Bill Henson through companies with addresses in Farmington and Fayetteville.

The top 10 deals in May had a combined deal value of $6.559 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 May transactions in Sebastian County, according to the Assessor’s office. The list is comprised from deed transfers that include the sale price.

MAY SALES
Transaction amount: $1.55 million
Seller: MILOTIC LLC and SUNTIC LLC
Buyer: MDSBA Corner of Wheeler and Phoenix
Sale Date: May 4
Address: 700 Phoenix Ave., and 4700 Wheeler
Description: Commercial property

Transaction amount: $815,000
Seller: Robert and Trisha Spears
Buyer: James and Catherine Barber
Sale Date: May 4
Address: Fort Smith
Description: Residential-home

Transaction amount: $790,000
Seller: Barry and Annatta Jones Joint Revocable Trust
Buyer: Gary and Debbie Nutt
Sale Date: May 8
Address: Fort Smith
Description: Residential-home

Transaction amount: $789,000
Seller: RPM Underwood LLC
Buyer: Timothy and Lori Shields Revocable Trust
Sale Date: May 3
Address: Fort Smith
Description: Residential-home

Transaction amount: $655,000
Seller: 2018 Ingram Joint Family Trust
Buyer: Bryson and Christina Waganer
Sale Date: May 1
Address: Fort Smith
Description: Residential-home

Transaction amount: $430,000
Seller: Justin Green Custom Homes Inc.
Buyer: Ali and Iram Ashgar
Sale Date: May 5
Address: Fort Smith
Description: Residential-home

Transaction amount: $407,000
Seller: Brownstone Development Group LLC
Buyer: Joshua and Ciara Bruce
Sale Date: May 2
Address: Greenwood
Description: Residential-home

Transaction amount: $400,000
Seller: Ashley Goins
Buyer: Jim and Jennifer Ingram
Sale Date: May 2
Address: Fort Smith
Description: Residential-home

Transaction amount: $363,000
Seller: Wellson Construction Company LLC
Buyer: Tanner and Lindsey Cooper
Sale Date: May 1
Address: Fort Smith
Description: Residential-home

Transaction amount: $360,000
Seller: Thomas and Paula Scott Family Trust
Buyer: Austin and Sarah Bridges
Sale Date: May 1
Address: Fort Smith
Description: Residential-home