Audubon Cove Apartments

Columbus, MS
Audubon Cove is a Class A, townhome style apartment community built in 2010. The property contains a mix of exceptionally large three and four-bedroom townhouses average over 1,800 square feet. The asset also features a best-in-class amenity package that includes a resort style outdoor pool, clubhouse with outdoor fireplaces, TVs, and community grills as well as a dog park and sand volleyball court.

 

  • The property is a condominium quality townhouse development completed in 2010.
  • Columbus, MS is the subject of a Harvard Business School paper, “Manufacturing Renaissance in the Deep South and has attracted $6.0 billion of industrial development in the last 10 years.
  • The property is also proximate to Columbus Air Force Base and 30 minutes from Mississippi State.
  • Tenants include Air Force Pilots, Empty Nesters and University Faculty.
Number of Units

100 units

Building Size

185,000 sf

Equity Partner

Syndication

Acquisition Price

$12.6 M

Acquisition Cap

7.25%

Exit Price

N/A

Date
Category
Columbus, MS, Redeveloped Multi Family, Redevelopment Assets