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Mountaire purchase.

A 36,000-SF office building in west Little Rock tipped the scales at $4.6 million.

Mountaire Corp., led by Ron Cameron, bought the Fellowship Bible Administration Building at 1901 Napa Valley Drive at the northeast corner of Napa Valley Drive and Rainwood Road from Fellowship Bible Church of Little Rock.

Land was assembled in five deals totaling $1.6 million. The buying started with D-3 Ltd., led by John, William and Lindsay Cloud, $160,000 in September 1993.

The acquisition of four houses along Napa Valley Drive followed in September and October 2000. The sellers were Ray and Ardyce Rainey, 1801 Napa Valley Drive, $400,000; Daryl Shane Smith, 1701 Napa Valley Drive, $375,000; Charles and Mary Stein, 1811 Napa Valley Drive, $365,000; and Alberdene Little, 1711 Napa Valley Drive, $320,000.

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Title Annotation:Real Deals: A Look at Important Real Estate Transactions; Mountaire Corp.; Fellowship Bible Church
Author:Waldon, George
Publication:Arkansas Business
Article Type:Brief article
Date:Sep 15, 2008
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