1724 Casino Center Dr - Hospitality FOR SALE


Robinsonville, MS 38664
$1,300,000 USD
321-458-7631
1724 Casino Center Dr, Robinsonville, MS for Sale
$1,300,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

1724 Casino Center Dr
Robinsonville, MS 38664


HIGHLIGHTS

  • Value Add opportunity
  • Existing units and amentities
  • Large parcel of land allowing for additional development

OVERVIEW

PRICE IMPROVEMENT!!! In the heart of a region steeped in history and ripe with opportunity, lies a rare gem awaiting its transformation. Nestled just 1.5 miles south of the mighty Mississippi River, and within reach of the pulse of Horseshoe Tunica, stands a vacant resort—a canvas awaiting the stroke of innovation and revitalization. Picture this: Five existing and well-built buildings constructed of brick and on concrete slabs, standing proudly amidst 11.13 acres of lush greenery. Now, these structures stand silent, waiting for a visionary to breathe new life into them with endless opportunities. At the heart of this enclave lies a clubhouse, spanning over 9,980 square feet. It stands as a sentinel, welcoming all who dare to dream of the possibilities that lie within its walls. Imagine the echoes of laughter reverberating once more as it becomes a hub of community, entertainment, and relaxation. Adjacent to this stately clubhouse lies the promise of expansion—a 2,870 square foot shell building, meticulously designed to house eight additional rental units. Here, the future beckons, offering the opportunity to expand upon the existing residential footprint and cater to the needs of a growing community. Speaking of residential offerings, this enclave boasts 24 one-bedroom, one-bathroom residential rental units, encompassing a total of 17,220 square feet. Each unit is a blank canvas, awaiting the touch of discerning craftsmanship to transform it. But the true allure of this property lies not only in its physical attributes but in its zoning—the coveted RCE, Resort Commercial Entertainment zoning. This designation opens a world of possibilities, allowing for a myriad of uses including multifamily developments. Here, imagination knows no bounds, and the potential for innovation is limitless. Moreover, with public utilities already in place, the path to realization is paved with convenience and ease. No hurdles stand in the way of turning dreams into reality, of crafting a destination that captures the essence of relaxation, recreation, and rejuvenation. So, to the visionary entrepreneur, the savvy investor, or the dreamer seeking their next masterpiece, this is more than just an opportunity—it's a chance to leave an indelible mark on the landscape, to weave a new chapter into the rich tapestry of history, and to create a haven where memories are made and cherished for generations to come. This is your invitation to seize the moment, to embrace the possibilities, and to embark on a journey where the only limit is your imagination.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$38 USD /SF

# OF ROOMS

22

PRICE/ROOM

$59,091 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westgate Tunica Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1999

PARKING SPACES

-

LAND DETAILS

LAND ACRES

11.1 AC

LAND SF

483,516 SF

ZONING

RCE

APN/PARCEL ID

3111 11000 0000105

ASK ABOUT THIS PROPERTY

Valerie AndersonWestgate ResortsMore Info
321-458-7631

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Valerie AndersonWestgate ResortsMore Info
321-458-7631

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