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3101 Olivia Court, 
Jonesboro, AR 72404

$2,400,000


Bed


Bath


14,616

Sq Ft


Multi-Family

Active

870-935-7800

Last updated:

August 6, 2026, 04:22 AM

MLS#

10130460

Source:

AR JBOR

About This Home

3101 Olivia Court

Rare opportunity to acquire an entire newly constructed luxury condominium development in Jonesboro, Arkansas. Brendar Village consists of 12 completed and vacant condominium units located in three professionally constructed quadplex buildings, offering an immediate lease-up opportunity for investors seeking a turnkey multifamily asset. The development features six 3-bedroom, 2-bath units and six 2-bedroom, 2-bath units. The 3-bedroom units offer approximately 1,220 square feet of living space, while the 2-bedroom units offer approximately 1,216 square feet. Each residence includes a covered two-car carport and has been thoughtfully designed with today's tenants and future owners in mind. Interior amenities include luxury vinyl plank flooring, vaulted ceilings, granite countertops, spacious open-concept living areas, tile showers in the primary suites, quality cabinetry, and modern finishes throughout. All units are brand new, never occupied, and ready for immediate leasing. This property presents a unique investment strategy due to its condominium ownership structure. An investor may operate the development as a multifamily rental asset while maintaining the flexibility to individually sell condominium units in the future. This provides multiple potential exit strategies, including long-term hold, phased unit sales, or complete condominium sellout. Condominium association dues cover the blanket exterior insurance policy and common area maintenance, simplifying ownership and reducing management responsibilities. With all units vacant and available for immediate occupancy, investors have the opportunity to establish rental rates, tenant standards, and management practices from day one. Whether you're seeking a multifamily investment, income-producing rental property, condominium portfolio, or value-add opportunity through future unit sales, Brendar Village offers flexibility, quality construction, and long-term investment potential in one of Northeast Arkansas's most active housing markets.

Home Facts

Multi-Family

Price Summary

2,400,000

$164 per Sq. Ft.

MLS #:

10130460

Last Updated:

August 6, 2026, 04:22 AM

Added:

1 month(s) ago


Rooms & Interior

Interior

Living Area:

14,616 Sq. Ft.


Structure

Structure

Architectural Style:

Condo

Building Area:

14,616 Sq. Ft.


Finances & Disclosures

Finances

Price:

$2,400,000

Price per Sq. Ft:

$164 per Sq. Ft.

3101 Olivia Court
Source:AR JBOR
The information being provided by Jonesboro Board Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Jonesboro Board Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.