
Value
The Duck In was appraised at $300,000 in 1994. We paid $315,000 for it. In addition to adding and upgrading the equipment, we added a backlighted sign with an electronic readerboard for $22,000.
In the summer of 1998 we re-paved part of the parking lot at the cost of $23,000. Together you have
Appraisal
$300,000
Sign & readerboard 22,000
Parking
lot
23,000
Total
$345,000
Our actual investment was $15,000 more which would bring this to $360,000. We have other businesses and want to get this property off our balance sheet.
We will sell it for $225,000.
For information about Paragould, go to the Chamber of Commerce website by clicking here.
equipment list
building and property layout
readerboard
Questions? Call 870-236-2275.