$2,450,000
PENDING

849 Elm St Waldron, AR 72958

Estimated payment $13,935/month

Total Views 29
-- Bed
-- Bath
45,855 Sq Ft
$53 Price per Sq Ft

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.

Listing Agent

Joshua Harmon

Harmon Real Estate Company License #PB00080746 Listed on: 08/10/2023

Co-Listing Agent

Joseph Kwo

Harmon Real Estate Company License #SA00083108

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,235

Lot Details

0

Listing Details

  • Reso Property Sub Type: Apartment
  • Prop. Type: Residential
  • ResoLaundryFeatures: Electric Dryer Hookup
  • ResoLotFeatures: Subdivision
  • ResoSecurityFeatures: None
  • Co List Office Mls Id: F3678
  • Co List Office Phone: 479-763-1288
  • Co List Office Mls Id: F3678
  • ResoSpecialListingConditions: None
  • Subdivision Name: Waldron
  • Directions: 636 Frankie Matthew Waldron, AR 849 Elm Street Waldron, AR
  • Carport Y N: No
  • Reso Flooring: Ceramic Tile, Vinyl
  • Garage Yn: No
  • Unit Levels: One, Two
  • Reso Roof: Architectural, Shingle
  • Year Built Details: Age Unknown
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Apartment,Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Acres: 5.0
  • Construction Type: Brick, Log Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Cooling: ENERGY STAR Qualified Equipment
  • Cooling Y N: Yes
  • Heating: ENERGY STAR Qualified Equipment
  • HeatingYN: Yes

Lot Info

  • Lot Dimensions: 355x513x390x606
  • ResoLotSizeUnits: Acres
  • Parcel #: 080-01388-000
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 77
  • Annual Gross Income: 395144.0

Tax Info

  • Tax Annual Amount: 6235.0
  • Tax Block: .
  • Tax Lot: 5

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
02/24/2021 02/24/21 For Sale $1,980,000 -- $43 / Sq Ft
Source: Western River Valley Board of REALTORS®

Source: Western River Valley Board of REALTORS®

MLS Number: 1066912

Arkansas Scott County Waldron 72958

849 Elm St, Waldron, AR

This home is located at 849 Elm St, Waldron, AR 72958 and is currently priced at $2,450,000, approximately $53 per square foot. 849 Elm St is a home located in Scott County with nearby schools including Waldron Elementary School, Waldron Middle School, and Waldron High School.

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Joshua Harmon
Listing Agent
Joshua Harmon
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Harmon Real Estate Company
(479) 383-3045