This is a true turn key ready wedding venue real estate investment opportunity. The new owners will be able to market this property immediately!
If you have been searching for a wedding venue for sale in Arkansas, this may be the solid investment you have been hoping to find. This wedding venue is unique, offering distinct features and modern minimal elegance. This wedding venue is listed on AirBB providing additional revenue potential in addition to wedding and event income. According to The Wedding Report, “The total number of weddings in Arkansas – (State) for 2023 was 23,966. It ranks 29 out of 51 States in number of weddings.” In this article you will find (scroll down) the wedding venue asking price, realtor contact information, images, property features and additional information regarding this Wedding Venue For Sale Near Fayetteville Arkansas.
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Truly a masterful venue just 20 minutes to Fayetteville. The Winslow is on the market and ready for you to expand or begin your wedding venue, short term rental, church, or any event space business you desire. This is turn key with 2 full bathrooms, 4 half baths and completely renovated. Instagram worth bridal and groom suites, multiple bonus spaces for that special day. All the work has been done for you! Over 6000 sq ft of renovated space to bring up to 2024 standards. Willing to convey all personal property with acceptable offer. This is currently an active short term rental property. Also listed commercial, MLS number 1279782. Listed by Chase White, Brokered by Collier & Associates-Bentonville Branch, find the real estate listing links at the bottom of this article along with asking price.
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The sale price includes all contents of the building for the wedding business, including 160 Chiavari chairs (steel core static weight capacity of 550 lbs), 18 tables, décor, fully stocked kitchen, sheets, etc. It also includes the website and social media profiles.
The Winslow is unique in the area because it has on site accommodations for up to 15 guests, so couples are able to rent the venue for overnight stays, or the entire weekend, giving them more time to set up and enjoy their wedding.
The wedding venue owners specialize in remodeling properties. This remodel is complete, and they hope to sell to someone who wants to make it their own!
Location/Market: The Winslow is located about 20 minutes south of Fayetteville, and 40 minutes north of Van Buren/Fort Smith. Northwest Arkansas (NWA) has around 600,000 residents, and Van Buren/Ft Smith have around 113,000 residents. NWA is the 8th fastest growing area in the United States and is home to three fortune 500 companies (Walmart, Tyson Foods, and JB Hunt), and the University of Arkansas.
Here is some data about the 2023 wedding market in NWA, according to Wedding Report Index: 2,637 weddings, average wedding cost: $23,983, median wedding cost: $14,731, average number of guests: 130-140.
The Winslow is a 6,074 foot, fully renovated venue in Winslow, AR, sitting on 1.41 acres near the White River, and along the Boston Mountain Scenic Byway. We purchased a local church, and during extensive 18 month renovation:
· All flooring replaced
· Windows in ceremony hall replaced
· Added one bathroom, and renovated five others
· Full interior and exterior paint (exterior is Romabio lime wash, which allows the brick to breathe)
· French doors installed with wooden deck leading to back yard
· Major plumbing replaced
· Three new HVAC systems installed
· Dehumidifier installed in lower level
· Kitchen fully rebuilt with huge granite island
· New carpet
· New water heater
· Three bedrooms
· One bridal suite, one grooms suite
· Custom stone wall and wooden arch built
· Exterior grading and driveway work
· Plus all of the interior design, decoration for the venue, and many other updates
ASKING PRICE IS $625,000
Use this link to view the Realtor listing and contact the listing agent.
https://www.instagram.com/the.winslow.nwa
This venue has an AirBB listing, this is one of the potential revenue streams for the new owners. You can find more information about their AirBB here.
Here is a link to the Realtor listing.
