Bank-owned commercial acreage near the Pleasant Grove Road exit in Rogers came off the books recently in a $1.35 million sale.
Real estate development company Salter Properties of Conway, through its Salter Acquisitions LLC, bought 20.02 acres near the intersection of Pleasant Crossing Boulevard and North 24th Street. The property is adjacent to Academy Sports+Outdoors.
Bank of Oklahoma was the seller.
Chambers Bank of Danville provided financing with a $1.01 million mortage.
City Title & Closing LLC of Fayetteville was the title agent.
Philip Schmidt of Flake & Kelley Commercial Northwest in Springdale represented the seller.
The University of Arkansas recently closed on a $995,000 land purchase of three tracts totaling 0.63 acres near Donald W. Reynolds Razorback... [ MORE ]