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Former Hotel/Employee Housing near Casinos in 1724 Casino Center Dr 24 Room Hotel Robinsonville, MS 38664 $1,717,288 CAD ($71,554 CAD/Room)
INVESTMENT HIGHLIGHTS
- Existing Rentable Units: 24
- Pool and Hot Tub
- 9,980 SF Clubhouse, 3 buildings housing 1 BR/1BA, 1 Unfinished Shell, 1 Concrete Pad with stubbed plumbing
EXECUTIVE SUMMARY
Former Hotel/Employee Housing near Casinos in Tunica, MS. Value Add Multi Family/Hospitality/Housing Opportunity.
Exceptional Investment Opportunity with Multiple Structures and Resort-Style Amenities. Discover the potential of this expansive property featuring five existing buildings and a wealth of amenities, all set on a prime site ready for revitalization or redevelopment.
? Property Highlights:
• Clubhouse: A spacious ±9,980 SF facility with ceramic tile flooring, LED lighting, and a layout that includes a welcoming reception area, offices, and restrooms. Ideal for community use or conversion to alternative purposes.
• Residential Units: Three buildings offering 24 one-bedroom, one-bathroom rental units, totaling approximately 17,220 SF. A solid foundation for generating rental income with room for upgrades.
• Expansion Potential: A ±2,870 SF shell building, originally designed for 8 additional units, currently used for storage. Plus, an unfinished concrete slab with roughed-in plumbing, offering further development possibilities.
• Amenities: Enjoy resort-style features including an outdoor pool, hot tub, and fitness center, enhancing the appeal for future tenants or guests.
• Infrastructure: All interiors are fully sprinklered for safety. Units share water and electricity systems, simplifying utility management.
Value-Add Opportunity:
The property has been vacant for several years and presents a value-add opportunity for investors or developers. While some deferred maintenance is evident—including settlement in the clubhouse—this site is primed for transformation into a vibrant residential or mixed-use community.
• Current Use: Vacant
• Existing Rentable Units: 24
• Building Height: 2.0 Stories
• Number of Buildings: 5
• 9,980 SF Clubhouse, 3 buildings housing 1 BR/1BA, 1 Unfinished Shell, 1 Concrete Pad with stubbed plumbing
• Year Built: 1999
• Foundation: Concrete Slab
• Pool and Hot Tub
Exceptional Investment Opportunity with Multiple Structures and Resort-Style Amenities. Discover the potential of this expansive property featuring five existing buildings and a wealth of amenities, all set on a prime site ready for revitalization or redevelopment.
? Property Highlights:
• Clubhouse: A spacious ±9,980 SF facility with ceramic tile flooring, LED lighting, and a layout that includes a welcoming reception area, offices, and restrooms. Ideal for community use or conversion to alternative purposes.
• Residential Units: Three buildings offering 24 one-bedroom, one-bathroom rental units, totaling approximately 17,220 SF. A solid foundation for generating rental income with room for upgrades.
• Expansion Potential: A ±2,870 SF shell building, originally designed for 8 additional units, currently used for storage. Plus, an unfinished concrete slab with roughed-in plumbing, offering further development possibilities.
• Amenities: Enjoy resort-style features including an outdoor pool, hot tub, and fitness center, enhancing the appeal for future tenants or guests.
• Infrastructure: All interiors are fully sprinklered for safety. Units share water and electricity systems, simplifying utility management.
Value-Add Opportunity:
The property has been vacant for several years and presents a value-add opportunity for investors or developers. While some deferred maintenance is evident—including settlement in the clubhouse—this site is primed for transformation into a vibrant residential or mixed-use community.
• Current Use: Vacant
• Existing Rentable Units: 24
• Building Height: 2.0 Stories
• Number of Buildings: 5
• 9,980 SF Clubhouse, 3 buildings housing 1 BR/1BA, 1 Unfinished Shell, 1 Concrete Pad with stubbed plumbing
• Year Built: 1999
• Foundation: Concrete Slab
• Pool and Hot Tub
PROPERTY FACTS
| Price | $1,717,288 CAD | Building Size | 34,156 SF |
| Price Per Room | $71,554 CAD | No. Rooms | 24 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1999/2008 |
| Property Subtype | Hotel | Parking Ratio | 6.23/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Lot Size | 11.10 AC | Opportunity Zone |
Yes
|
| Construction Status | Converted | ||
| Zoning | C | ||
| Price | $1,717,288 CAD |
| Price Per Room | $71,554 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 11.10 AC |
| Construction Status | Converted |
| Building Size | 34,156 SF |
| No. Rooms | 24 |
| No. Stories | 2 |
| Year Built/Renovated | 1999/2008 |
| Parking Ratio | 6.23/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | C |
AMENITIES
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Hot Tub
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $170.34 CAD | - |
| Guest Room | 22 | $123.26 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 3111110000000105 | Improvements Assessment | $382,709 CAD |
| Land Assessment | $81,640 CAD | Total Assessment | $464,349 CAD |
PROPERTY TAXES
Parcel Number
3111110000000105
Land Assessment
$81,640 CAD
Improvements Assessment
$382,709 CAD
Total Assessment
$464,349 CAD
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Former Hotel/Employee Housing near Casinos in | 1724 Casino Center Dr
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