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$5,990,000
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Brookland Area Multi-Family Home

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404 W Matthews Avenue Brookland, AR 72417

60 Bed
2 Baths
1840 sqft
MLS# 10119516
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. Bernard's 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.
Listing Courtesy of NORTHEAST ARKANSAS / Coldwell Banker Village Communities / Kevin Kercheval
$1,799,900
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Jonesboro Area Single Family Home

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3709 Rachel Cove Jonesboro, AR 72404

6 Bed
7 Baths
11475 sqft
MLS# 10120719
Secluded Luxury Estate in the Ridgepointe Subdivision Nestled within private wooded land in Jonesboro's Premier Golf Course Community, this breathtaking gated estate offers unparalleled privacy and luxury on 14 acres (more or less) of pristine land. A true retreat, the property features a spacious main residence overlooking a serene one-acre private lake along with a guest house. Step inside to discover six spacious bedrooms and six full baths, complemented by an abundance of natural light pouring through large windows. The gourmet chef's kitchen is a culinary dream, boasting a Sub-Zero refrigerator and freezer, Bosch dishwasher, Dynasty 6-burner range with griddle and double ovens, vegetable sink, granite countertops, coffee bar, and an insulated wine cellar with Breezaire cooling system. A large walk-in pantry offers additional storage, including an extra refrigerator for added convenience. The luxurious master suite is a private oasis, featuring an oversized shower, soaker tub, expansive walk-in closet, and an exercise room with stunning lake views. Additional highlights of this estate include: ● Three fireplaces, including an inviting hearth room with charming Old Chicago brick flooring extending into the kitchen. ● Safe room/vault in the basement for added security. ● Theater room and game/exercise room for entertainment. ● Private office/library with elegant built-in bookcases. ● Spacious laundry room with a tiled dog-washing station. ● Large playroom that can easily be converted into a nanny's quarters with a private entrance, bath, and walk-in closet. ● Two staircases for convenience and functionality. ● Oversized four-car garage with abundant storage. ● Earthquake-resistant construction, security system, and a private fire hydrant near the parking area. ● Hardwired CAT-5 Ethernet receptacles in all bedrooms and major rooms. ● Gas line prepped for generator installation and an electric chandelier lift in the foyer for easy maintenance. ● Gas lanterns at the front door and gate, adding to the timeless elegance of the property. This estate is truly a rare gem, offering an exceptional blend of seclusion, security, and sophisticationa perfect sanctuary for those seeking an elevated lifestyle.
Listing Courtesy of NORTHEAST ARKANSAS / Coldwell Banker Village Communities / Martha Tolson