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.
Active
$5,990,000
404 W Matthews, Brookland, AR
--beds
--baths
1,840sqft
Est.:
Apartment
Built in 2024
-- sqft lot
$-- Zestimate®
$3,255/sqft
$-- HOA
What's special
- 140 days
- on Zillow |
- 84 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: January 30, 2025 at 10:23pm
Listed by:
Kevin W Kercheval 870-926-3225,
Coldwell Banker Village Communities 870-935-7800,
Carroll Caldwell 870-931-8233,
Coldwell Banker Village Communities
Source: CARMLS,MLS#: 25003158

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Electric Water Heater
Features
- Breakfast Bar
- Flooring: Other
Interior area
- Total structure area: 1,840
- Total interior livable area: 1,840 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Parking Pad, Two Car
- Has garage: Yes
Features
- Levels: One
- Patio & porch: Patio
Lot
- Size: 4.5 Acres
- Features: Level
Details
- Parcel number: 11-155292-25000
- Zoning: MF
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Apartment
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2024
Utilities & green energy
- Electric: Electric-Co-op
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Metes & Bounds
Location
- Region: Brookland
Financial & listing details
- Price per square foot: $3,255/sqft
- Tax assessed value: $97,850
- Annual tax amount: $54,957
- Date on market: 1/24/2025
- Listing terms: Cash
- Tenant pays: All Utilities
- Road surface type: Paved
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