Rockwood Investments pays $690,000 for two properties.(NW Journal: A Look at News From Northwest Arkansas)(Brief article)

Rockwood Investments LLC of Farmington recently bought two properties from First Federal Bank for a total of $690,000.

Rockwood purchased a 4,926-SF apartment building at 15 W. Martin Luther King Road. Bryson and Angelia Coleman bought the building in 2006 for $275,000. The building was constructed in 1965. First Federal Bank foreclosed on the property in January for $150,000.

Rockwood Investments also purchased a car wash at 89 W. Main St. in Farmington. Carzone Carwash LLC purchased the car wash in 2004 for $198,000. The car wash was foreclosed on in March 2009 and sold to First Federal for $636,000. Legend Realty Inc. of Farmington listed the property for $495,000.

Michael Tooley is the registered agent for Rockwood Investments.

Print Get the Mag Weekly Updates