2375 Forrest Ave - Apartments FOR SALE


Memphis, TN 38112- Binghampton
$695,940 USD
901-277-0477
2375 Forrest Ave, Memphis, TN for Sale
$695,940 USD
Apartments - FOR SALE
1/59
null | Request Cap Rate

2375 Forrest Ave
Memphis, TN 38112
Binghampton


HIGHLIGHTS

  • Wahers & Dryers
  • Near Overton Park
  • Totally Renovated

OVERVIEW

2375 Forrest Avenue is a fully renovated, turnkey multifamily property located in Midtown Memphis just minutes from Overton Park. The property features well-appointed one-bedroom units with central heating and air, in-units washers and dryers, and modern finishes throughout. Currently operating 100% as a successful Airbnb short-term rentals, the property offers strong in-place income and consistent demand from travelers, medical professionals, and visiting executives. All furniture and appliances convey with the sale, making 2375 Forrest a true turnkey investment opportunity in one of Memphis' most desirable and walkable neighborhoods.

FOR SALE DETAILS

PRICE

$695,940 USD

PRICE/SF

$171 USD /SF

# OF UNITS

4

PRICE/UNIT

$173,985

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,621 SF

ZONING

R-MM

APN/PARCEL ID

03-3001-0-0042

ASK ABOUT THIS PROPERTY

Jeffrey MooreCrye-Leike CommercialMore Info
901-277-0477

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Jeffrey MooreCrye-Leike CommercialMore Info
901-277-0477

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