1913 East 44Th St Joplin, MO 64804
New construction apartments with high occupancy and strong in-place operations.
Building Details
- Year built
- 2024
Source:
Nmrk
Listing Agent: Tom Maloney
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Luxury Apartments with Resort-Style Amenities
Delivered in 2024, this Class A+ new construction apartment community offers a full suite of luxury resident amenities. These include a large resort-style heated saltwater pool and spa, pickleball courts, a fitness center, a dog park, a tenant bodega, a game room, a pool table, EV charging stations, and private garage spaces. The community has been successfully leased up and stabilized by the original developer and operates in the high-90% occupancy range consistently. Located just off the major retail corridor on Rangeline Rd and just south of I-44, the property is positioned to allow tenants easy access to the entire city and the best shopping and dining experiences. The property is being sold free and clear of existing debt, offering new ownership the ability to take advantage of debt options available in the marketplace. There is immediate day-one NOI upside via the capture of existing loss-to-lease and the streamlining of property-level operations. With zero new Class-A supply in the pipeline and extremely limited competition in the submarket, the location is set up for both immediate and long-term success.
Location Intelligence
Current Use by Public Records
Crescent Falls
Apartment Complex
Location Insight
- Map
- Local Demand
- City
- Joplin
- County
- Jasper
- State
- Missouri
- Longitude
- -94.495868
- Latitude
- 37.040459
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FAQs
What type of property is this?
Apartment building - New construction apartments with high occupancy and strong in-place operations.
Where is this apartment building located?
The property is located at 1913 East 44Th St Joplin, MO.
What are key features of this property?
This property features: - New construction (2024) Class A+ property with best-in-class luxury amenities.; - High occupancy (high-90% range) and strong in-place operations provide immediate cash flow.; - Upside potential through loss-to-lease capture (approx. 4%) and operational streamlining.