About This Home

This 0-bedroom, 0-bathroom residential multi family at 100 5Th Street in Adair, IA is listed for $675,000 ($97 per sqft). Built in 1969, the home offers 6,962 sqft of living space on a 1.41 acres lot.

Key Features

  • Built in 1969
  • 1.41 acre lot
  • 2 stories

Property Details

2 stories
1969
Listing Description

The Budget Inn 34-unit motel, conveniently located just off Exit 75 of Interstate 80, is perfectly positioned in a high-traffic area that benefits from significant visibility and accessibility. The surrounding environment is vibrant, filled with various businesses, restaurants, and services that cater to travelers and locals alike, making it an ideal spot for a motel.

### Key Features - **Well-Maintained Property**: The motel is in excellent condition, showcasing a commitment to upkeep and cleanliness. Each unit is designed for comfort, equipped with essential amenities to ensure a pleasant stay for guests. - **Operational Ready**: The sale includes all necessary furnishings, equipment, and systems to run the motel efficiently.

This means new owners can step in without the need for major investments or renovations. - **Growth Potential**: With its strategic location and the surrounding business activity, there is substantial potential for growth. Opportunities may include: - **Enhanced Marketing**: Targeting business travelers, tourists, and local events.

- **Partnerships**: Collaborating with nearby businesses for referral programs or package deals. No guarantee contained information is completely accurate. Any potential buyer should verify the information contained in this description ..

Monthly Cost Estimate

$3,610/mo

20% down · 6.5% · 30 years

Principal$488
Interest$2,925
Insurance$197

Estimates only. Actual payments may vary.

Location

100 5Th Street

Adair, IA 50002

Property Details

Construction

Vinyl Siding

Heating

Baseboard

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 100 5Th Street is listed at $675,000 ($97/sqft). The estimated monthly payment is $3,610 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1969, 1.41 acre lot, 2 stories.

This property is listed by Charles Thomas and can be reached at 7125426325.

CT

Charles Thomas

Agent at Thomas Realty

(712) 542-6325

Listed by Thomas Realty · Broker phone: 712-542-6325 · View on Broker Site

MLS# 6339231· Source: NoCoast MLS· 94 days on PropertySimple

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

100 5Th Street, Adair, IA 50002

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