Overview

This is unique opportunity to own an investment property in LaGrange. Solid income, property is running smoothly. Building is Zoned 411 Motel. There are no services, i.e.: linens or food services. Each room is rented to a long-term tenant. There are 9 studio’s and 1- 1 bedroom. all utilities are included in the rent. 3 rooms have been painted and improved, some new windows. Rental income is subsidized. Board of Health Dept. requires monthly septic test record, Water is municipal. No Microwaves or stoves allowed. Cash only or Commercial Financing. Financials are available as per request. Tenants all have private bathroom, parking lot - private for tenants. Municiple Water and Septic. Cash preferred. All rooms are rented.