Edwardsville Court Apartments

Investment Overview

Edwardsville Court Apartments is at 531 S. 4th Street in Edwardsville, within the broader Kansas City Kansas metropolitan area. The property consists of a 55-unit, five-story elevator-served building originally constructed in 1979, catering primarily to senior and income-qualified residents. The asset operates under a project-based Section 8 Housing Assistance Payment (HAP) contract – Option 4, providing stable, government-backed income with rents supported by the U.S. Department of Housing and Urban Development (HUD). The property has been meticulously maintained by the current owner for over 20 years and is a great candidate for Low Income Housing Tax Credits. Additionally, Edwardsville Court Apartments was recently selected for funding under HUD's Green and Resilient Retorfit Program (GRRP) allowing the next operator to modernize the property without utilizing LIHTC's. Edwardsville Court benefits from a highly accessible location just west of Interstate 435, offering seamless connectivity to the greater Kansas City metro. The property is approximately a 25-minute drive to downtown Kansas City, providing residents access to a major employment hub, healthcare systems, and regional amenities. Edwardsville itself is a growing community within Wyandotte County that combines a small-town environment with proximity to urban infrastructure, making it an attractive location for affordable and senior housing demand.

Investment Highlights

• 100% Project-Based Section 8 HAP Contract
• Debt-Free Capital Structure
• 97% Historical Occupancy
• Consistent Above-Average MOR Inspection Results
• REAC / NSPIRE Scores: 90+ Institutional Grade. Last REAC/Nspire inpection in Feb 2026 was 97( top tier of the business)