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SHOWING FRIDAY JULY 21st. 20 Unit Motel Converting to VA Housing $40K per Month & Potential for Storage Facilities Sold

  • $1,300,000 OBO
This property features 20 Unit Motel with 5 acres and additional buildings.  Extra Parcels could be divided and sold or additional housing units or storage facilities could be built. Self-managed VA housing pays $850 per unit and there is a list of Veterans waiting for housing.  There is also a program that pays daily per diem up to $2k per month, and this application would need to be submitted by October and funding would be available in 2024.  There are many other programs that pay all costs for Veterans in need of housing. Money would not be available until 2024. Units needs updating and kitchenettes added to qualify for this type of program.
PLEASE CALL TO RSVP AND GET TIME FOR TOMORROW’S SHOWING.
Price:
$1,300,000 OBO
Address:
7310 W Washington St
Indianapolis, IN
Terms:
For Sale
Property Type:
Commercial

Call (317) 501-5336 for more details

Property Location