100 5Th StreetAdair, IA 50002

Multi-Family · 6,962 Sq. ft. | 1.41 Acres
$775,000 Active

100 5Th Street Overview

Time on Site:
19 days
Visits:
2

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 ..

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

100 5Th Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 6,962
  • Price/Sq.ft. $111
  • Lot 1.41 Acres

Details

General

Income/Expenses

  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 0
  • Maintenance Expense: 0
  • Operating Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Listing Information

  • Contingency: None

Building Information

  • Year Built: 1969

Location/Region

  • County Or Parish: Adair
  • Postal City: Adair

Tax Information

  • Tax Annual Amount: 18060
  • Tax Year: 2024

General Information

  • Parcel Number: 0103301001
  • Property Type: Residential Income

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total: 0

General Information

  • Accessibility Features: Other
  • Basement: None
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: Baseboard
  • Living Area: 6962
  • Living Area Units: Square Feet
  • Stories: 2

Exterior

Lot Information

  • Lot Size Acres: 1.41
  • Lot Size Dimensions: 278X221
  • Lot Size Square Feet: 61419.6
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Other
  • Construction Materials: Vinyl Siding

General Information

  • Number Of Units Total: 34
  • Sewer: City Sewer/Connected

100 5Th Street Neighborhood

Community

50002 (ADAIR) Demographics

48
Median Age
13
Population Density (per sq. mile)
33%
College Educated
$64,531
Estimated Median Income
438
Estimated Total Home Owners
157
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

100 5Th Street Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

100 5Th Street Market Data

Based on the last 30 days in this zip code

$193,862
Average List Price
$118
Average Price per Square Foot
3
Properties Sold
96
Average Days on Market
8
Properties for Sale
Calculations provided by Reliance Network

100 5Th Street History

Date Event Value Agent
6/10/2026Source: NoCoast MLS Added to Database
June 10, 2026
Listing provided courtesy of Thomas RealtyNoCoast MLS- MLS# 6339231MLS Provider