₹ 875 is in pocket? So the owner of the 96 room hotel will be made, just have to do this work

Last Updated:February 06, 2025, 13:31 IST

OMG NEWS: Motel with 96 rooms in the US is for sale in ₹ 875, but the buyer will have to take the responsibility of reconstruction and development. This structure will be an income-related housing facility for 99 years.

This Motel which has 96 rooms is for sale in ₹ 875. (Sign photo unsplash)

OMG News: Those who are in hotel business want to buy more and more hotels. However, he wants to buy it at a low price. But there is a hotel in America, you will be surprised to hear the price. Such a low price can attract you, but we want to tell you about a screw in it. It is for sale in Motel, which has 96 rooms, ₹ 875.

But the buyer will have to accept a condition. The condition has been kept that the Kharidar will have to take the responsibility of reconstruction and development. It has been reported that this structure will be an income-related housing facility for 99 years. This means that there will be no major commercial fare and long -term supporting housing for homeless people.

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Will have to calculate repair
Darek Woodbury, a spokesman for the Denver Department of Housing Stability, said in an email to Fox31, “We hope that this purchase will make a way to provide supporting housing on the site.” Are you still interested in Motel? If you only see the price of this property, it will attract you, but on thinking for the second time you will have to calculate the expenses of repair and redevelopment.

This property has been identified as a stay in, which has 96 rooms and needs renewal. According to a report by the New York Post, in 2023, Mile High City bought this building and “small repair” to maintain it safe and maintained. However, further repair is required, including walkway, railing and electrical system. The low price of this motil has attracted many buyers and made it viral.