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 ..
Active
Price cut: $100K (7/16)
$675,000
100 5th St, Adair, IA 50002
--beds
0baths
6,962sqft
Multi Family
Built in 1969
-- sqft lot
$-- Zestimate®
$97/sqft
$-- HOA
What's special
Significant visibility and accessibilityEquipped with essential amenitiesStrategic location
- 123 days
- 97
- 3
Zillow last checked:
Listing updated:
Listed by:
Charles B Thomas 712-542-6325,
Thomas Realty
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6339231
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 6,962 sqft
Property
Accessibility
- Accessibility features: Other
Features
- Stories: 2
Lot
- Size: 1.41 Acres
- Dimensions: 278 x 221
Details
- Parcel number: 0103301001
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Adair
Financial & listing details
- Price per square foot: $97/sqft
- Tax assessed value: $489,258
- Annual tax amount: $18,060
- Date on market: 6/10/2026
- Cumulative days on market: 124 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Price change | $675,000-12.9%$97/sqft |
Source: | ||
| 6/10/2026 | Listed for sale | $775,000$111/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2017 | $15,562 | $489,258 |
Find assessor info on the county website
Monthly payment
Est. payment
