$5,990,000

404 W Matthews Drive, Brookland, AR 72417

  • Property Icon Duplex
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon4.49acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

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. The city boasts a diverse economy encompassing healthcare, education, manufacturing, and retail sectors. The completion of the NEA Baptist Memorial Hospital and recent expansion of St. Bernards Medical Center reflects the city's commitment to healthcare infrastructure. Other major developments include ongoing expansions at ASU, Greensborough Village, Downtown Jonesboro, The Promenade at Reedmont, Southern Hills, Craighead Forest Park, Jonesboro Industrial Park, and Craighead Technology Park. Paragould, located north of Brookland, is another vital economic contributor to the region. With companies like E.C. Barton & Company and Greene County Tech School District among its top employers, Paragould sustains a robust industrial and educational base. The city's economy benefits from its strategic location along major transportation routes and its proximity to Jonesboro.

Listing Status:
Active
Listing Office:
Halsey Real Estate : (870) 219-2308
Listing Agent:
Jon Moore : 870 2192308
MLS ID:
10125944
  • General: Breakfast BarCeiling Fan(s)Climate Control
  • Laundry: Dryer ProvidedWasher Provided
  • Flooring: Other/See Remarks
  • A/C: Central AirHeat Pump(s)
  • Heating: CentralHeat Pump
  • Style: Traditional
  • Parking: 2 Spaces/UnitGarage Door Opener
  • Roofing: Architectural Shingle
  • Windows: Blinds
  • General: Brick0
  • Originating MLS: Northeast Arkansas BOR
  • County: Craighead
  • Zoning: PART DICKSON'S ADDITION TO BRO11-155292-25000
  • Utilities: Craighead Electric
  • Water: City
  • Sewer: City Sewer
  • Source: Northeast Arkansas BOR

This listing courtesy of Jon Moore, Halsey Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Brookland Elementary School

220 N Oak St, Brookland, AR, 72417

Grades PK-2

0.62 miles away

B

Brookland Junior High School

100 W School St, Brookland, AR, 72417

Grades 7-9

0.48 miles away

B

Brookland High School

100 W School St, Brookland, AR, 72417

Grades 10-12

0.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.