US Motel With 96 Rooms For Sale At Unbelievable Price Of ₹875; Here's The Catch

Won't you be surprised to know that a motel in the US is on sale for only 10 USD? The extremely low rate might draw your attention, but we ask you not miss the catch. While the motel, which has 96 rooms to facilitate tourists, is for sale at Rs. 875, the buyer would have a adhere to one condition. The person who would purchase the motel would be reportedly be entitled to its reconstruction and development.

Here's the catch

It was stated the structure will be an income-restricted housing facility for 99 years. This would mean no major commercial renting and long-term supportive housing for the homeless.

“We are hopeful that the procurement will result in a path forward for delivering supportive housing at the site,” Derek Woodbury, a spokesperson for the Denver Department of Housing Stability, said in an email to FOX31.

96-room motel needs repair

Still interested in the motel? If you only look at the price of this property it will attract you, but the second thought will make you calculate the expenses of repair and redevelopment.

The property has been identified as Stay Inn, which has 96 rooms and needs renovation.

According to a report by the New York Post, in 2023, the Mile High City purchased the building and performed "minor repairs" to protect and maintain it. However, further repair is necessitated, including walkways, railings and electrical systems.

The motel has attracted many buyers for its low price and made it go viral.

Published on: Thursday, February 06, 2025, 10:51 AM IST