Maria Obregon is the developer of American Flats at 212 S.E. A St. in Bentonville. The 10,800-SF building will have 10 units with a blend of classic and contemporary design. Sizes range from 728 SF (one bedroom) and 1,160 SF (two bedroom).
Land for a new grocery store on North Walton Boulevard in Bentonville tipped the scales at $2.42 million.
Wal-Mart Stores Inc. of Bentonville assembled the land (8.92 acres) from five property owners — Thomas and Nicole Reynolds, Thomas and Judith Terrell, Allied Bank of Mulberry, L.B. Granata Inc. and Elrod Real Estate LLC.
The largest transaction involved the former Bentonville Bowling Center at 902 N.W. 14th St. The 2.58-acre development, which closed Aug. 2, was owned by former Tontitown mayor Tommy Granata and sold for $1.3 million.
Walmart plans to build a Neighborhood Market at the site.
Waco Title Co. of Springdale was the title agent in all five transactions.
Mile Tree Manor
A custom-built home near the Arkansas River in Fort Smith recently drew a $1.5 million sale.
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