4826 Red Rooster Rd Farmington, MO 63640
- Apartment buildings
- 125,500 SF
- 3.23 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 4826 Red Rooster Rd
- Year built
- 2024
- Lot size
- 3.23 lot acres
- Property size
- 125,500 SF
- Property type
- Apartment buildings
Description
Crimson Landing offers a unique investment opportunity in Farmington, Missouri. This Class A, 66-unit apartment building, completed in 2024, presents a stabilized, turnkey asset. The property comprises six buildings totaling 125,500 square feet situated on a 3.23-acre lot. The unit mix includes a variety of one, two, and three-bedroom apartments, all featuring modern finishes. Its strategic location, equidistant between Park Hills and Farmington, provides convenient access to Highway 67 and the nearby St. Joe State Park. Residents enjoy upscale living with easy access to recreational activities, entertainment, and major highways. This property represents a strong investment in a growing area with positive market momentum. The absence of a ground lease further enhances the investment appeal. The property's modern design and desirable location contribute to its strong occupancy rates and potential for future growth. Crimson Landing is a prime example of a high-quality multifamily asset in a thriving Missouri market. The property's size and layout offer significant potential for long-term appreciation and stable cash flow. Its proximity to amenities and major transportation routes makes it an attractive option for a wide range of renters. This is a rare opportunity to acquire a well-maintained, recently constructed apartment complex in a desirable location.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Farmington
- County
- St. Francois
- State
- Missouri
- Longitude
- -90.4706
- Latitude
- 37.8237
