404 W Matthews St

For Sale

404 W Matthews St, Brookland, AR 72417

This Brookland property for sale is located at 404 W Matthews St. The current listed sale price for 404 W Matthews St is $5,990,000. 404 W Matthews St is situated on a lot that is 4.5 acre in size.

Contacts

broker
Kevin Kercheval

Coldwell Banker Commercial Village Communities

broker
Carroll Caldwell

Coldwell Banker Commercial Village Communities

Property Details

  • Property Type Multi-Family
  • Lot Size 4.5 Acre
  • Date Updated Feb 3, 2025
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.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 19/100

    Walk Score ®

  • 30/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Brookland, AR
  • Neighborhood Brookland
  • Zip Code 72417

Points of Interest

  • Exxon

    0.34 miles

  • Shell

    4.28 miles

  • Kum & Go

    6.46 miles

  • Murphy Express

    7.14 miles

  • Pilot

    7.15 miles

  • Kroger Fuel Center

    7.57 miles

  • Bennigan's parking

    7.97 miles

  • Courtyard Jonesboro

    4.00 miles

  • Embassy Suites by Hilton Jonesboro Red Wolf Convention Center

    6.13 miles

  • Park Place Inn

    7.41 miles

  • Fairfield Inn & Suites Jonesboro

    7.86 miles

  • Motel 6 Jonesboro

    7.87 miles

  • Residence Inn

    7.95 miles

  • Super 8

    7.97 miles

  • Fairview Inn and Suites

    7.97 miles

  • Days Inn Jonesboro AR

    8.05 miles

  • Hampton Inn Jonesboro

    8.07 miles

  • NEA Full Spectrum

    4.13 miles

  • The Mall At Turtle Creek

    7.12 miles

  • Target

    7.19 miles

  • Walmart Neighborhood Market

    7.24 miles

  • TJ Maxx

    7.33 miles

  • Natural Grocers

    7.35 miles

  • Burlington

    7.51 miles

  • Kroger Marketplace

    7.65 miles

  • Kohl's

    7.82 miles

  • Walmart Supercenter

    8.09 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact 404 W Matthews St
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.