2099 S Us Highway 31, Franklin, IN 46131

$700,000
1,800
SqFt
List Price
$700,000
MLS#
21962575
Property Type
Commercial Sale
Sqft. of Residence
1,800
Year Built
1945
Days on Market
106
Status
PENDING

Property Description

Seize an unparalleled investment opportunity with this versatile commercial property, a turnkey operation comprising a 9-room motel, complete with a cozy 2-bedroom apartment, ideal for on-site management or additional rental income. Accompanying this is a well-appointed campground, offering 17 RV slots equipped with plumbing and electric hookups, catering to the growing demand for outdoor experiences. Additionally, the property boasts a modern 3-bedroom, 2-bath home, constructed in 2018, offering comfortable living quarters or an attractive rental option. The expansive land features two large ponds, enhancing the scenic beauty and appeal for guests seeking relaxation or recreational activities. Located in a serene setting, yet conveniently accessible, this property promises a unique investment with diverse revenue streams. Don't miss out on this rare find that combines hospitality, residential, and outdoor leisure in one lucrative package.

Additional Information

Stories
One
Acres
7.95
Region
Needham

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Hemrick Property Group Inc..

Information Deemed Reliable But Not Guaranteed. © 2024 Metropolitan Indianapolis Board of REALTORS®