404 W Matthews, Brookland, AR 72417

$5,790,000
29,000
SqFt

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List Price
$5,790,000
Status
ACTIVE
MLS#
26022554
New Construction
Yes
Style
Traditional
Year Built
2024
Living Area
29,000
Acres
4.49
Region
Brookland
Subdivision
Dickson

Property Description

The Wager Place Apartment Complex located at 404 W Matthews Street presents a lucrative investment opportunity as a strategically located apartment complex in Brookland, AR. These one year old luxury duplexes in Brookland, AR offer an array of amenities and features that make them truly luxurious. From the elegant all-brick exteriors to the high-quality 30-year architectural shingles, every detail has been carefully considered. Inside, residents will enjoy the waterproof flooring, all-electric appliances, and the convenience of a washer, dryer, and refrigerator already provided. Perfect for investors seeking a low-maintenance investment. Situated less than 5 minutes from the northeast entrance to Jonesboro and less than 10 minutes from the southern entrance of Paragould, the property enjoys prime accessibility to two major economic hubs in Arkansas. The complex is situated atop 4.5+/- acres of land and is made up of thirty 2bed/2bath units split between 15 buildings. Jonesboro is home to Arkansas State University (ASU), and it stands as a thriving economic center. Its top employers include St. Bernards Healthcare, ASU,and NEA Baptist Health System.

Additional Information

Taxes
$51,073
Interior Features
Dryer-Stays, Hot Water Heater-Electric, Smoke Detector, Breakfast Bar, Fan - Ceiling
Floors
Luxury Vinyl
Exterior
Brick
Roof
Architectural Shingle
Elementary School
Brookland
Middle School
Brookland
High School
Brookland
Parking Description
Garage, One Car

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Listing courtesy of Halsey Real Estate.