Roth Custom Homes of Bentonville, through its Mud Puddle Investments LLC, recently closed a $2.15 million land purchase for 15.28 acres in Centerton, a purchase price of $3.23 per SF.
LRRB Land Development LLC, led by Kevin Riggins and D. Eric Covington, was the seller.
First Western Bank in Rogers provided financing with a mortgage of $2.15 million.
Waco Title Co. of Springdale was the title agent.
The property has been subdivided into 41 residential lots and is Phase I of the Quail Hollow neighborhood. The site is east of the Quail Ridge subdivision off Greenhouse Road.
A 3,224-SF retail store west of Interstate 49 in Fayetteville recently sold for $1.36 million, a purchase price of $422.14 per SF.
Davidson Properties Holdings LLC of California, led by Jerry and Kathleen... [ MORE ]