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Chapel Ridge Apartments Sold in $8 Million Deal

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Two Little Rock apartment complexes, a water plant in southeast Pulaski County and two Little Rock homes provide this week’s five-piece of big deals.

• Little Rock Housing Associates Ltd. of Denver sold the 128-unit Chapel Ridge Apartments project at 24800 Chenal Parkway for $8 million.

Buyer: Chapel Ridge Stanev AR LLC of Brooklyn, New York.

• An affiliate of Trinity Multifamily of Fort Smith bought the 52-unit Clearbrook Village Apartments at 619 and 719 Brookside Drive for $1.4 million.

Seller? Serene Rock Ventures LLC, led by Michael Vick Jr. and Jason Mathis.

• Liberty Utilities (Woodson-Hensley Water) Corp. of Oakville, Ontario, purchased the water treatment plant at 24920 Hwy. 365 in Woodson and water tower in Hensley for $1.3 million.

Seller: Woodson-Hensley Water Co., led by James Walden.

• The namesake trusts of Jeremy Davis and Holly Sanders acquired a 5,517-SF house near the Country Club of Little Rock from Craig and Lisa Douglass for $1.2 million.

• Charles and Emily Richesin bought a 5,337-SF home in Little Rock’s Overlook Park neighborhood from Melinda Morrell for $1.1 million.


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