100 5Th Street Adair, IA $ 775,000
100 5Th Street
$ 775,000
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100 5Th Street

Adair, IA, 50002
$ 775,000
Baths0.0 Sq 6,962

Monthly Estimate*

$ 4,772

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Studio

Multi-Family Home for sale in Adair, IA

for $775,000. This 6,962 square foot home was built in 1969 on a lot size of 1.41.

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 ..

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Multi-Family Active

Price

$ 775,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 18,060

Style

Lot Size

1.41

Year Built

1969

Town/City

Adair

County/Region

Adair

MLS | Web ID

6339231

Features
General
Sewer City Sewer/Connected
Heating Baseboard
Garage Spaces 0
Architectural Style Other
Construction Materials Vinyl Siding
Year Built 1969
Stories Count 2
Tax Year 2024
Gross Income 0
Accessibility Other
County Adair
Operating Expense 0
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Full Baths 0
Status Active
Directions Take Exit 75 Off Interstate 80 turn north on S 5th to the property
Number Of Units Total 34
Lot Size Units Acres
Lot Size Square Feet 61419.6
Tax Annual Amount 18060
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Living Area Units Square Feet
Standard Status Active
Legal Description N. 278' OF W. 221' IN NW NW SW LANDS ADJ. 3 77 33 COMB. WITH # 682 1999
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Interior
Basement None
Total Fireplaces 0
Fireplace Y/N N
Half Baths 0
Total Baths 0
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Exterior
Water Source Public
Lot Dimensions 278X221
Lot Size Acres 1.41
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* Excluded Features
List By
Charles Thomas

Listing Agent

Thomas Realty

Broker

realtorchuck@yahoo.com

Email

Affordability Calculator

$6,277
Per Month
76%
24%
0%
Monthly Principal & Interest
$4,772
Monthly Property Taxes
$1,505
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/10/2026$775,000 Listed Price

Map


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100 5Th Street, Adair, IA, 50002 is a Multi-Family Home for sale at $775,000 with 6,962 sqft and a lot size of 1.41. 100 5Th Street is a studio with 0.0 baths and was built in 1969. The property's zip code is 50002 which is in Adair, IA