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Normandy Place Apartments Land $3.5 Million Deal

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A Little Rock apartment project, undeveloped residential land in Conway and two Little Rock homes form our quartet of multimillion-dollar deals this week.

• Normandy Place LLC, led by Max Mehlburger, sold its namesake 80-unit apartment complex at 7111 Indiana Ave. for $3.5 million to Bader Carmax Tennessee LLC of Santa Rosa, California.

• An affiliate of Abby Development of Dallas paid nearly $1.9 million for a 14.5-acre residential parcel at the southwest corner of Prince Street and College Avenue. The Conway project is called Country Place Village.

Seller? Shannon Management LLC, led by Steve Shannon.

• Robert and Marilynn Porter sold their 5,076-SF house near the Country Club of Little Rock for nearly $1.8 million.

Buyers? Ed Penick III and his wife, Jill.

• John and Karen Lammers purchased a 4,054-SF house in the Prospect Terrace neighborhood for $1.1 million.

Seller: The O’Mara Joint Revocable Trust, led by Frank and Patricia O’Mara.


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