AR > Brookland > Metes & Bounds
Brookland, AR 72411,404 W Matthews
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Brookland, AR 72411,404 W Matthews
Brookland, AR 72411,404 W Matthews
Brookland, AR 72411,404 W Matthews
Brookland, AR 72411,404 W Matthews
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Ray Ellen

Ray Ellen

+1(501) 319-7557
$ 5,990,000
Est. payment /mo
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Active

404 W Matthews Brookland, AR 72411

1,840 SqFt

UPDATED:

01/31/2025 06:23 AM

Key Details

Property Type Multi-Family

Sub Type Apartments

Listing Status Active

Purchase Type For Sale

Square Footage 1,840 sqft

Price per Sqft $3,255

Subdivision Metes & Bounds

MLS Listing ID 25003158

Style Traditional

Year Built 2024

Annual Tax Amount $54,957

Tax Year 2024

Lot Size 4.500 Acres

Acres 4.5

Property Sub-Type Apartments

Property Description

Presenting The Wager Place Apartment Complex, an exceptional investment opportunity located at 404 W Matthews Street in Brookland, AR. This newly constructed luxury apartment complex is perfectly positioned to offer a high-return, low-maintenance investment in one of Northeast Arkansas's fastest-growing areas. Comprised of thirty 2-bedroom, 2-bathroom units across 15 beautifully designed duplex buildings, this property spans over 4.5+/- acres. Each unit showcases premium features, including elegant all-brick exteriors and durable 30-year architectural shingles. Inside, residents will enjoy the comfort and convenience of waterproof flooring, all-electric appliances, and a washer, dryer, and refrigerator included in every unit. These thoughtful design choices provide a luxurious and hassle-free living experience, ensuring strong tenant appeal. Strategically located, The Wager Place offers unparalleled accessibility. Situated less than 5 minutes from the northeastern entrance of Jonesboro and under 10 minutes from the southern entrance of Paragould, this property connects residents to two key economic hubs in the region.

Location

State AR

County Craighead

Area Brookland

Zoning MF

Rooms

Kitchen Electric Range, Dishwasher, Refrigerator-Stays

Interior

Interior Features Washer-Stays, Dryer-Stays, Hot Water Heater-Electric, Breakfast Bar

Heating Central Cool-Electric, Central Heat-Electric

Flooring Other (see remarks)

Equipment Electric Range, Dishwasher, Refrigerator-Stays

Exterior

Exterior Feature Patio

Parking Features Garage, Parking Pads, Two Car

Utilities Available Sewer-Public, Water-Public, Electric-Co-op

Roof Type Architectural Shingle

Building

Lot Description Level

Foundation Slab

New Construction No

Listed by Coldwell Banker Village Communities • Kevin W Kercheval
agent

Ray Ellen

Team Leader | License ID: SA00064680

+1(501) 319-7557

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404 W Matthews