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Commercial > Multi-family / Apartments
Active
08/10/2023
List Price
$2,450,000$53/ft²

849 Elm St
Waldron, AR 72958

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  • 849 Elm St, Waldron, AR 72958 is a 45,855 ft² multi-family/apartments property built in 1980 on a 5.000 acre lot. This multi-family/apartments is currently listed for $2,450,000, and it was last sold in 2021 for $1,980,000.

    MLS Description

    The listing agent's description. Original Listing

    Harmon Real Estate Company presents, Winchester Estates and Waldron Inn. This 77-unit property is priced at a conservative price per unit that allows a Buyer to capitalize on the upside potential of both complexes. Winchester Estates, 49-units located at 849 Elm Street Waldron, AR, has been completely renovated within the past 5 years. The unit mix consist of 1, 2 and 3 bedroom units. This family friendly community has a playground, common laundry area, select in-unit storage, on-site office and tons of green space. Winchester Estates is one of the premier properties in Waldron. Waldron Inn, a 28-unit one story motel conversion, has potential that can be unlocked by a Buyer that will invest capital to upgrade the units. The unit mix consist of studio and 1 bedroom apartments. The common laundry area is down, and is a way to add value to the NOI. The property has been well maintained and poised for a physical value add program. Financials are available upon request. Tours will be conducted on tour dates scheduled by the Listing Firm.

    Listing Agents

    The listing agent for 849 Elm St is Joshua Harmon.

    Current Ownership

    Information about the current owner(s).

    Property History

    849 Elm St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 849 Elm St

    School Information

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    Neighborhood

    This property is located in Waldron.

    Market Trends

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    Copyright © 2025 Western River Valley Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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