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  • $5,990,000

    404 W Matthews, Brookland, AR

    --beds
    --baths
    1,840sqft
    : 
    Apartment
    Built in 2024
    -- sqft lot
    $-- Zestimate®
    $3,255/sqft
    $-- HOA

    What's special

    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.
    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#: 25003158MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 404 W Matthews.

    Next available tour time:Tomorrow at 11am

    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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