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Acreage acquisition. (Real Deals).

A 125.7-acre tract in north Pulaski County changed hands in a $623,000 deal.

Kevin Horton Properties LLC and Lee and Martha Kierre acquired the land on Highway 365 a mile west of Interstate 40 from Joe and Barbara Stanley.

The deal is backed with a one-year loan of $624,000 from Pulaski Bank & Trust of Little Rock.

The Stanleys purchased the land in two transactions from Clement and Frances Sarna and Raymond and Myrtle Fisher, $4,000 in October 1970; and Valentine and Helen Zajac, an undisclosed sum in August 1968.

The Sarnas and Fishers bought their land in March 1958 from G.G. and Iola Brown for $9,500. The Zajacs acquired their property from T.J. and Annie Morris in January 1946 for $1,000.
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Title Annotation:tract of land in Pulaski County, Arkansas
Comment:Acreage acquisition. (Real Deals).(tract of land in Pulaski County, Arkansas)
Author:Waldon, George
Publication:Arkansas Business
Article Type:Brief Article
Geographic Code:1USA
Date:Aug 5, 2002
Words:129
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