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Last updated on Friday, April 11, 2014, 12:35 pm

Rausch Coleman Plunks Down $1.8 Million for 39 Residential Acres

Rausch Coleman Homes of Fayetteville is the latest builder hoping to finish out an abandoned residential development in Benton County. Morningside subdivision, a 39.1-acre development in Centerton, will be developed into 109 residential lots. The development site is on Bliss, Seba and Keller streets just north of Arkansas Highway 102.   Rausch Coleman, through its RC Morningside LLC, recently closed on the purchase of the land for $1.88 million.  David Frye is the managing member of the LLC. Chambers Bank of Danville financed the land purchase. Morningside Development of Centerton LLC, led by Dale Lancaster, was the seller. The Centerton Planning Commission originally approved the Morningside development plan in 2004, calling for a 200-acre subdivision to include 411 single-family... [ MORE ]

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