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Robinsonville,MS 38664
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 13,080 sqft
Price per Sqft $68
Subdivision Metes And Bounds
MLS Listing ID 4091289
Style See Remarks
Bedrooms 20
Full Baths 21
Year Built 1994
Annual Tax Amount $11,400
Lot Size 2.200 Acres
Property Description
An exceptional investment opportunity located in the heart of Robinsonville, just minutes from the casino district.
This 20-unit apartment complex, built in 1994, has been maintained and renovated over the last 2 years, offering modern comforts while retaining a solid structure.
Key Highlights:
Prime Location: Situated near popular casinos, providing a steady influx of tenants.
Consistent Occupancy: Enjoy a high average occupancy.
Onsite Live-In Technician: A dedicated technician ensures prompt maintenance, yard maintenance, and smooth operations.
Financial Performance: A 9.5% cap rate with a gross income after expenses.
Renovated and Updated: Ongoing updates ensure minimal maintenance issues and increased tenant satisfaction.
This property is ideal for investors seeking a reliable income stream.
Don't miss out on this opportunity to own a cash-flowing asset in the Robinsonville casino corridor.
Location
State MS
County Tunica
Interior
Heating Electric
Cooling Ceiling Fan(s),See Remarks
Exterior
Exterior Feature Landscaping Lights
Garage Parking Lot
Utilities Available See Remarks
Roof Type Shingle
Building
Foundation Slab
Sewer See Remarks
Water Public
Structure Type Landscaping Lights
New Construction No
Schools
Elementary Schools Robinsonville
Middle Schools Tunica
High Schools Rosa Fort
Others
Acceptable Financing Cash,Other
Listing Terms Cash,Other