Property Type:
MultiFamily
Square Footage:
5,000
Status:
Active
Current Price:
$899,900
List Date:
5/29/2026
Last Modified:
5/29/2026
Overview
Description
TURNKEY 13-unit multi-family investment in New Albany!
Bodhi's Bungalows is a 100% renovated high demand income-producer operating on a lucrative flexible-living model. Formerly a historic 1950s motel, it has been completely reimagined into a community-centric asset.
Unit Mix: 10 1-bed/1-bath units, 2 2-bed/1-bath units and 1 value-add basement unit under renovation. Each unique apartment features a private bath, fridge, and microwave.
Premier Amenities & Ancillary Income: Residents enjoy an updated kitchen with stainless appliances and assigned cabinets, a media lounge with a 72'' TV, and an outdoor patio with grills. Boost your NOI immediately with the on-site coin operated laundry and vending machines. Ample parking with a new concrete overflow lot. Excellent cash flow opportunity!
