Duggar Scandal: Jim Bob Cashes In Big—$5 Million Property Sale to Secretive Corporation!
Duggar News followers are watching Jim Bob strike gold! He just made a massive real estate move, officially selling one of his prized properties. So, what about the amount? Well, Jim Bob sold it for a whopping $5 million. Yes, you read that right! He locked a deal for $5 million, and viewers are still in disbelief.
It seems that Jim Bob has made a profit from his current deal, and he is playing with money now. But this made viewers wonder if the celeb sold his property as per his wish or if he had to do so for some other reason. What is this all about? To whom did Jim Bob sell his property? Keep on reading to learn more.
Duggar News: Jim Bob Has A Long History Of Selling Properties
Duggar News followers know that this wasn’t the first time Jim Bob ended up putting his properties on the market. He and Michelle were in the headlines for selling their famous Branson Theatre. The couple bought it for around $2.4 million, and they locked the deal in 2022. This was a shock for the audience as they didn’t see this coming at all.
Moreover, Jim Bob and Michelle had to face a lot during Josh’s arrest as well. Several sources have confirmed that this couple had to sell a lot of their assets during this tough phase. He was initially a board member in Freedom Encounters production, but he was no longer even on the venture’s website after his son had been arrested. This itself says that Jim Bob and Michelle’s image was tarnished because of Josh!
Duggar News: Jim Bob Locks Deal With Walmart
Duggar News followers are now learning shocking details about Jim Bob’s land deal with none other than Walmart. Apparently, he had a property in Tontitown, Arkansas. Hence, the celeb decided to sell his property on West Henri De Tonti Road, and the noted massive company acquired it.
Starcasm recently revealed that Walmart ended up paying $4.7 million for around 16 acres of land. It is adjacent to Duggar-owned Champions Motorcars. The source further revealed that the buyer got Jim Bob and Michelle’s land as well. It noted, “The land is adjacent to Champions Motorcars, which the Duggars own.” So, how do we know that he made a profit in this deal? Well, the celeb initially got it for $600,000 and sold it for $4.7 million. This makes it clear that the celeb got a really good deal with his land!
But that’s not all. As per the insider, the buyer paid $5.66 million for 27.45 acres. This land is reported to be adjacent to the property that they got from Jim Bob and Michelle Duggar. Apparently, the owners of this land are William Jackson Butt II and James McClelland Jr. under the name Five J. Farms.
Some viewers speculate that Jim Bob and Michelle also have some link with this company. This is because Five J. Farms petitioned for land on Dowell Road in Springdale, Arkansas, in the past. It is the same place where “Grandma” Mary Duggar lived before she lost her life in 2019 after tragically drowning.
