$5,990,0004.5 Acres
For Sale
For Sale
$5,990,0004.5 Acres
For Sale

404 W Matthews, Brookland, AR 72417 - Craighead County

Commercial
Static Google Map
Property ID 22470270

4.5 acres in Craighead County, Arkansas

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.

Jonesboro serves as a vibrant economic center and is home to Arkansas State University (ASU), St. Bernards Healthcare, and NEA Baptist Health System. Its diverse economy thrives on healthcare, education, manufacturing, and retail industries. Significant developments, including expansions at ASU, Downtown Jonesboro, and Greensborough Village, further highlight the city's growth and economic vitality.

To the north, Paragould offers its own economic strengths, with top employers such as E.C. Barton & Company and Greene County Tech School District contributing to its stability. Its strategic location along major transportation routes and proximity to Jonesboro enhances its role as a key player in the region's economy.

For investors seeking a prime, low-maintenance asset in a dynamic and growing area, The Wager Place Apartment Complex offers a unique opportunity to capitalize on Brookland's increasing demand for quality housing and its proximity to thriving economic centers.

Contact Seller

Coldwell Banker Commercial Village Communities

Jonesboro, AR

(870) 935-7800
Listing provided by
Kevin Kercheval
Coldwell Banker Commercial Village Communities(870) 935-7800
Source: Coldwell Banker Commercial, MLS# 10119516
Listing last updated: January 24, 2025 at 3:34 PM
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Kevin Kercheval

Coldwell Banker Commercial Village Communities
(870) 935-7800

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Kevin Kercheval

Coldwell Banker Commercial Village Communities