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Convenient buy.


A convenience store property in south Little Rock changed hands in a $225,000 sale.

James and Mal Chung bought the 6824 Col. Glenn Road project from IHL Inc., led by In Ho Lee. The deal is funded with a $230,000 loan from National Bank of Arkansas.

The half-acre development previously was linked with a November 2001 mortgage of $225,000 held by U.S. Bank of Minneapolis.

IHL purchased the property for $250,000 more than five years ago from JADZ LLC, led by David Zakrzewski.

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No portion of this article can be reproduced without the express written permission from the copyright holder.
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Title Annotation:Real Deals: A Look at Important Real Estate Transactions
Comment:Convenient buy.(Real Deals: A Look at Important Real Estate Transactions)
Author:Waldon, George
Publication:Arkansas Business
Article Type:Brief article
Geographic Code:1USA
Date:Jun 25, 2007
Words:88
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