849 Elm St Waldron, AR 72958
Estimated payment $13,104/month
Highlights
- 5 Acre Lot
- Cooling Available
- ENERGY STAR Qualified Equipment
- Brick or Stone Mason
- Ceramic Tile Flooring
- Heating Available
About This Home
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.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $6,235
Lot Details
- 5 Acre Lot
- Lot Dimensions are 355x513x390x606
Home Design
- Brick or Stone Mason
- Block Foundation
- Shingle Roof
- Architectural Shingle Roof
- Log Siding
Interior Spaces
- 45,855 Sq Ft Home
- 1-Story Property
- Electric Dryer Hookup
Flooring
- Ceramic Tile
- Vinyl
Parking
- Driveway
- Assigned Parking
Eco-Friendly Details
- ENERGY STAR Qualified Equipment
Utilities
- Cooling Available
- Heating Available
- Electric Water Heater
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 080-01388-000
Community Details
Overview
- 77 Units
- Waldron Subdivision
Building Details
- Gross Income $395,144
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,235 | $143,670 | $4,000 | $139,670 |
| 2024 | $6,235 | $143,670 | $4,000 | $139,670 |
| 2023 | $6,235 | $143,670 | $4,000 | $139,670 |
| 2022 | $6,235 | $143,670 | $4,000 | $139,670 |
| 2021 | $6,235 | $143,670 | $4,000 | $139,670 |
| 2020 | $6,602 | $152,120 | $5,000 | $147,120 |
| 2019 | $6,602 | $152,120 | $5,000 | $147,120 |
| 2018 | $6,663 | $152,120 | $5,000 | $147,120 |
| 2017 | $6,613 | $147,120 | $5,000 | $142,120 |
| 2015 | -- | $137,260 | $8,000 | $129,260 |
| 2014 | -- | $137,260 | $8,000 | $129,260 |
| 2013 | -- | $137,260 | $8,000 | $129,260 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/19/2025 02/19/25 | Off Market | $550 | -- | -- | |
| 02/04/2025 02/04/25 | For Rent | $550 | 0.0% | -- | |
| 09/29/2023 09/29/23 | Pending | -- | -- | -- | |
| 08/11/2023 08/11/23 | For Sale | $2,450,000 | +23.7% | $53 / Sq Ft | |
| 02/24/2021 02/24/21 | Sold | $1,980,000 | 0.0% | $43 / Sq Ft | View Prior Sale |
| 02/24/2021 02/24/21 | For Sale | $1,980,000 | -- | $43 / Sq Ft |
Source: Western River Valley Board of REALTORS®
MLS Number: 1066912
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Ask me questions while you tour the home.