849 Elm Street, Waldron, AR 72958

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 … read more …