Sherwood Pediatrics Plus Sold for $9.5M

by Arkansas Business Staff  on Monday, Mar. 12, 2018 12:00 am   1 min read

Pediatrics Plus property at 1540 Country Club Road in Sherwood (Pediatrics Plus)

A Sherwood developmental preschool, a North Little Rock hotel, farmland in Faulkner County, a real estate trade in Conway and residential acreage in Saline County combine for this week’s group of million-dollar transactions.

♦ EMR Land Co. LLC of Reno, Nevada, and the JWDM Trust of Los Angeles purchased the 32,788-SF Pediatrics Plus facility at 1540 Country Club Road for $9.5 million.

Seller? Pediatrics Plus Real Estate Sherwood LLC, led by Todd Denton.

♦ Bhakto LLC, led by Sami Pothi, sold the 65-room Best Western JFK Inn & Suites at 2500 Main St. for $3 million.

Buyer? Sun Rise Lodging LLC, led by Animeshbhai Patel.

♦ Schaefers Brothers Farms, led by Leonard Schaefers, acquired 810 acres along Cadron Creek about 4 miles northwest of the Interstate 40-Highway 25 interchange in Conway for more than $2.3 million.

Sellers: the namesake trusts of Emmet Torian Jr. and Eve Torian.

♦ Commercial land and five new homes were at the heart of a $1 million swap in Conway.

The Pam McDowell Brooks Revocable Trust traded a 4.46-acre site near the southwest corner on Salem Road and Dave Ward Drive to Salter Acquisitions LLC, led by Gene Salter.

In exchange, the trust received the houses in the Gardens at Southridge neighborhood from another Salter-led entity: N&G Investments LLC.

♦ Little Rock’s One Bank & Trust recovered more than 92 acres of undeveloped residential property 3 miles southwest of Benton at the southern end of Centennial Valley Drive in a $1.6 million foreclosure sale.

Former owners? Stephens-Baker Development Inc., led by Michele Stephens-Baker.



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