306 Forrest Blvd - Apartments FOR SALE


Columbus, MS 39702
$1,050,000 USD
404-445-1091
306 Forrest Blvd, Columbus, MS for Sale
$1,050,000 USD
Apartments - FOR SALE
1/14
null | 7.52% Cap Rate

306 Forrest Blvd
Columbus, MS 39702


HIGHLIGHTS

  • Each unit features 2 bedrooms and 1 bath with efficient 550 sq. ft. layouts and modern amenities.
  • Located near major highways, shopping, and dining, ensuring strong tenant demand.
  • Low-maintenance, all-electric units with washer/dryer hookups offer solid cash flow potential.

OVERVIEW

This multifamily property at 306 Forrest Blvd offers a strong investment opportunity in the growing East Columbus market. Each 2-bedroom, 1-bath unit features 550 sq. ft. of functional living space, complete with central heat and air, washer/dryer hookups, and all-electric appliances. The location provides convenient access to Hwy 182, the 82 Bypass, shopping, and dining—making it attractive to long-term tenants. With a pet-friendly policy, low-maintenance design, and solid rental potential, this property is a valuable addition to any investor’s portfolio.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$74 USD /SF

# OF UNITS

22

PRICE/UNIT

$47,727

CAP RATE

7.52%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Terrace Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,897 SF

ZONING

-

APN/PARCEL ID

62W11-04-07200

ASK ABOUT THIS PROPERTY

Austin GrahamMatthews Real Estate Investment ServicesMore Info
404-445-1091

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Austin GrahamMatthews Real Estate Investment ServicesMore Info
404-445-1091

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.