60-Unit Multifamily Apartment
2302 Village Dr Saint Joseph, MO 64506
2302 Village Dr, Saint Joseph, MO, 64506
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For Sale
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1993-vintage multifamily property with a 70% two-bedroom unit mix and recently exited LIHTC restrictions.
Property Size48,840 SF
Days on Market103
Property Features for 2302 Village Dr
General Information
- Standard status
- Active
- Size
- 48,840 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1993
Listing agency
MMG Real Estate Advisors
Listed by
Jake Sullivan · License #2021028059
Source
Crexi
Added: Apr 10 Updated: Jul 21 at 2:03AM Checked: Jul 21 at 6:29AM
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Investment Insights
Based on property information with market context.
Westchester Village of St. Joseph is a 60-unit multifamily apartment building built in 1993. The property has a unit mix with 70% two-bedroom homes. Having exited the LIHTC program in 2024, the asset is now positioned for market-rate operations, with rent and income restrictions lifted.
The property is located in St. Joseph, Missouri, directly off the main retail corridor. It is being offered by its original developer, with the first open-market listing in over 30 years.
For an incoming owner, the physical plant is described as well-preserved, and the business plan is presented as clear and executable in connection with the shift to market-rate revenue streams that were previously constrained under the LIHTC program.
The property is located in St. Joseph, Missouri, directly off the main retail corridor. It is being offered by its original developer, with the first open-market listing in over 30 years.
For an incoming owner, the physical plant is described as well-preserved, and the business plan is presented as clear and executable in connection with the shift to market-rate revenue streams that were previously constrained under the LIHTC program.
Key Highlights
- 60‑unit multifamily property in St. Joseph, MO built in 1993
- 70% of units are two‑bedroom apartments
- Exited the LIHTC program in 2024, with rent and income restrictions fully lifted
Property Analytics
Location Intelligence
Current Use by Public Records
Westchester Village of St. ...
Retirement Community
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FAQs
What type of property is this?
Apartment building - 1993-vintage multifamily property with a 70% two-bedroom unit mix and recently exited LIHTC restrictions.
Where is this apartment building located?
The property is located at 2302 Village Dr Saint Joseph, MO.
What are key features of this property?
This property features: 60‑unit multifamily property in St. Joseph, MO built in 1993; 70% of units are two‑bedroom apartments; Exited the LIHTC program in 2024, with rent and income restrictions fully lifted