Brittany Village Apartments

50 miles North of Kansas City, St Joe offers more affordable options for residents and several strong employers.Acquire a rare, scale‐advantaged value‐add asset: a 280‐unit garden community in St. Joseph, Missouri, just 45 minutes north of Kansas City. Today, 103 +/- units are offline —creating deep, controllable upside for a well‐capitalized buyer willing to invest $3 MM+ in renovations. St. Joseph’s fundamentals strengthen the play: rents average ≈30 % below the national level while 40 % of households rent, giving ample runway to grow income without sacrificing affordability. A diverse employer base—Mosaic Life Care, Triumph Foods, Boehringer Ingelheim, Tyson Foods, and the Missouri Air National Guard—anchors demand and supports lease‐up. A clear path to transform a distressed asset into a stabilized, cash‐flowing property with meaningful exit optionality— whether refinancing for hold or selling into strong Midwest demand for 200‐plus‐unit communities. St. Joseph’s wide affordability gap, large renter cohort, and diverse job base combine with this property’s concentrated scale to create a rare Midwest value‐add play: buy distressed, inject capital, lease‐up, and own a 280‐unit community at an incredible basis.