# 100 5Th Street, Adair, IA 50002 > **TL;DR:** residential multi family, $675,000 ($97/sqft), built 1969, 6,962 sqft. Est. $3,610/mo. Listed 96 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $675,000 | | Price/sqft | $97 | | Square Feet | 6,962 | | Year Built | 1969 | | Lot Size | 61,420 sqft (1.41 acres) | | Stories | 2 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 96 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,413 | | Estimated Insurance | $197 | | **Total** | **$3,610** | ## Property Highlights - Built in 1969 - 1.41 acre lot - 2 stories ## Description ### Agent 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 .. ## Location - **Address:** 100 5Th Street, Adair, IA 50002 - **County:** Adair - **Coordinates:** 41.496143, -94.642799 - **Google Maps:** https://www.google.com/maps?q=41.496143,-94.642799 ## Listing Agent - **Name:** Charles Thomas - **Brokerage:** Thomas Realty - **Phone:** 7125426325 - **Broker Phone:** 712-542-6325 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/100-5th-St_Adair_IA_50002_M96718-87877?f=listhub&s=NCMLSIA&m=6339231&c=propsimple) ## Photos ![100 5Th Street - Photo 1](http://lh.rdcpix.com/b795f8d218482f31a93c4393d0de1c90l-f2760118529r.jpg) ![100 5Th Street - Photo 2](http://lh.rdcpix.com/b795f8d218482f31a93c4393d0de1c90l-f2552786170r.jpg) ![100 5Th Street - Photo 3](http://lh.rdcpix.com/b795f8d218482f31a93c4393d0de1c90l-f1892382798r.jpg) ![100 5Th Street - Photo 4](http://lh.rdcpix.com/b795f8d218482f31a93c4393d0de1c90l-f2994376643r.jpg) ![100 5Th Street - Photo 5](http://lh.rdcpix.com/b795f8d218482f31a93c4393d0de1c90l-f913004629r.jpg) ![100 5Th Street - Photo 6](http://lh.rdcpix.com/b795f8d218482f31a93c4393d0de1c90l-f3684377356r.jpg) ![100 5Th Street - Photo 7](http://lh.rdcpix.com/b795f8d218482f31a93c4393d0de1c90l-f3184852846r.jpg) ![100 5Th Street - Photo 8](http://lh.rdcpix.com/b795f8d218482f31a93c4393d0de1c90l-f3659473922r.jpg) ![100 5Th Street - Photo 9](http://lh.rdcpix.com/b795f8d218482f31a93c4393d0de1c90l-f3288880556r.jpg) ![100 5Th Street - Photo 10](http://lh.rdcpix.com/b795f8d218482f31a93c4393d0de1c90l-f878008137r.jpg) ![100 5Th Street - Photo 11](http://lh.rdcpix.com/b795f8d218482f31a93c4393d0de1c90l-f2760118529r.jpg) ![100 5Th Street - Photo 12](http://lh.rdcpix.com/b795f8d218482f31a93c4393d0de1c90l-f1811048605r.jpg) ![100 5Th Street - Photo 13](http://lh.rdcpix.com/b795f8d218482f31a93c4393d0de1c90l-f1991163763r.jpg) ![100 5Th Street - Photo 14](http://lh.rdcpix.com/b795f8d218482f31a93c4393d0de1c90l-f1850426388r.jpg) --- **MLS#:** 6339231 | **Updated:** 2026-08-29 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/100-5th-street-adair-ia-50002-6339231) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/100-5th-street-adair-ia-50002-6339231#listing", "url": "https://www.propertysimple.ai/listing/100-5th-street-adair-ia-50002-6339231", "name": "100 5Th Street, Adair, IA 50002", "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. 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