$5,790,000

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.

Property Facts & Features

Property Type

Multi Family

Status

For Sale

Listed

Jun 3, 2026

Price per Sq Ft

$200/sqft

ZIP Code

72417

Stories

1

Parking

Garage, One Car

County

Craighead

School District

Brookland School District

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 35.90293 · Lng -90.58511