Highlights

• Unique single-family style rental community
• Lender-owned with attractive seller financing available
• Located less than one mile from Tunica's largest employer's

• Strategically located one mile from Tunica' s nine casinos, the major area employer with 9,000 of the 15,000 jobs in the county
• Average household income of $51,500 within 5 miles of Canal Park Villas
• The REO lender is providing financing for this asset, which is uncommon with most lenders today

Description

Canal Park Villas is an 8-unit development located in Tunica, Mississippi. Tunica is the third largest gambling destination in the United States and is home to nine casinos, three golf courses, three museums, an outlet mall, and more than 6,000 hotel rooms. The gaming industry is responsible for 9,000 of the 15,000 jobs located in the county.

Canal Park Villas is unique in that it offers a residential feel, providing floor plans and amenities more commonly found in single-family homes, but currently caters to renters. Each unit includes a private 2-car garage, a front yard, a master bathroom with both a garden tub with Jacuzzi and a separate shower, and wood burning fireplaces in the living room areas. Other amenities include stainless steel double sinks and double vanities in the master bath. The open layout of the units maximizes space and makes this property stand out from other rentals in the area.

Canal Park Villas enjoys a prime location with immediate access to Highway 61 connecting Tunica to Memphis and is located less than one mile from the area casinos and from downtown Tunica. The property also offers immediate access to Interstate 69.