2099 S Us Highway 31, Franklin, IN 46131

$700,000
1,800
SqFt

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Sold Price
$700,000
List Price
$700,000
Closing Date
May 30, 2024
MLS#
21962575
Property Type
Commercial Sale
Sqft. of Residence
1,800
Year Built
1945
Days on Market
114
Status
SOLD

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

Acres
7.95
Region
Needham

Listing courtesy of Freddie Hemrick. Hemrick Property Group Inc.

Selling Office: Hemrick Property Group Inc..

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.