1565 Fitzgeralds Blvd - Apartments FOR SALE


Robinsonville, MS 38664
$3,900,000 USD
901-767-1998
1565 Fitzgeralds Blvd, Robinsonville, MS for Sale
$3,900,000 USD
Apartments - FOR SALE
1/23
null | Request Cap Rate

1565 Fitzgeralds Blvd
Robinsonville, MS 38664


OVERVIEW

RiverChase Apartment Homes – Tunica, MS Investment Highlights RiverChase Apartment Homes offers investors a turnkey opportunity in the growing Tunica market, combining modern comfort, affordable rents, and proven stability. The property features spacious one- and two-bedroom units (700–950 sq. ft.) with updated finishes, washer/dryer connections, and durable low-maintenance design. Recent capital improvements include new HVAC systems (2017) and a roof replacement (2019), reducing near-term expenses. Located just minutes from Tunica’s resort corridor, casinos, shopping, and major employers, RiverChase provides a peaceful residential setting with strong workforce housing demand. Current rents averaging $760–$1,010 offer value-conscious tenants modern amenities at attainable rates—driving consistent occupancy and long-term income potential. An ideal asset for investors seeking steady cash flow, low turnover, and upside through continued regional growth.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$47 USD /SF

# OF UNITS

92

PRICE/UNIT

$42,391

CAP RATE

Request Cap Rate

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Riverchase Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1997

PARKING SPACES

185

LAND DETAILS

LAND ACRES

4.3 AC

LAND SF

187,308 SF

ZONING

C

APN/PARCEL ID

3116140000000206

ASK ABOUT THIS PROPERTY

Steve WoodyardWoodyard Realty CorporationMore Info
901-767-1998

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

Steve WoodyardWoodyard Realty CorporationMore Info
901-767-1998

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