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Renovated Apartment Community and Motel Conversion
For Sale
Contact for pricing
Pending

849 Elm St, Waldron, AR 72958

77-unit complex features 49 fully renovated family apartments and a 28-unit one-story motel conversion.

Property SizeContact for details
Days on Market117

Property Features for 849 Elm St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 77
Listing Agency: Belle Point Commercial Properties
Listed By: Joshua Harmon Sr. · License #AR PB00080746
Source: Crexi
Added: Apr 11 Changed: Jul 20 Last Checked: Aug 4 at 9:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Belle Point Commercial Properties

Investment Insights

Based on property information with market context.

This offering combines two multifamily complexes totaling 77 units: Winchester Estates and Waldron Inn. Winchester Estates includes 49 units and has been completely renovated within the past five years. The unit mix offers 1-, 2-, and 3-bedroom apartments. On-site amenities and features include a playground, a common laundry area, select in-unit storage, an on-site office, and extensive green space.

Waldron Inn is a 28-unit, one-story motel conversion located at 849 Elm Street in Waldron, Arkansas. The unit mix consists of studio and 1-bedroom apartments. The common laundry area is listed as down, and the property is presented as well maintained and positioned for an upgrade-focused program.

Financial information is available upon request, and tours will be scheduled by the listing firm on designated dates.

Key Highlights

  • 77‑unit apartment/motel complex featuring 49 units at 849 Elm Street (Winchester Estates) plus 28 one‑story motel‑conversion units (Waldron Inn).
  • Winchester Estates: 49 units with 1-, 2-, and 3‑bedroom unit mix; fully renovated within the past 5 years.
  • Winchester Estates amenities include a playground, common laundry area, select in‑unit storage, on‑site office, and extensive green space.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Electrical Service Garden Center Dental Office Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

77
Residential units

Location Intelligence

Trade Area within ½ mile

233
Businesses Nearby

Demographics for 72958, AR

6,866
Population
3,199
Households
2.1
Avg Household Size
41
Median Age
10%
College-Educated
83%
High-School Grad
328.3 sq mi
ZIP Area
21
Density / Sq Mi
$43,655
Median Household Income
$31,364
Median Earnings
$727
Median Rent
$95,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 77-unit complex features 49 fully renovated family apartments and a 28-unit one-story motel conversion.
Where is this apartment building located?
The property is located at 849 Elm St Waldron, AR.
What are key features of this property?
This property features: 77‑unit apartment/motel complex featuring 49 units at 849 Elm Street (Winchester Estates) plus 28 one‑story motel‑conversion units (Waldron Inn).; Winchester Estates: 49 units with 1-, 2-, and 3‑bedroom unit mix; fully renovated within the past 5 years.; Winchester Estates amenities include a playground, common laundry area, select in‑unit storage, on‑site office, and extensive green space.
(479) 719-0344 Call to check price and availability
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