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Phil Brown, CAI, ALC

640 Cepi DriveSuite 100
Chesterfield, MO 63005
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100 5th Street, Adair, IA 50002

$775,000
  • 100 5th Street, Adair, IA 50002 Main Photo

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New to the Market Active
BEDS0 BATHS0 SQUARE FEET6,962 MLS#6339231
STATUS PROPERTY TYPEMulti Unit - Multiple

Property 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 ..

100 5th Street | MLS# 6339231

This multi-family property located at 100 5th Street, Adair, IA 50002 is currently listed for sale with an asking price of $775,000. Search Adair real estate on philbrown.trophypa.com today.

Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Electric
Heating: Baseboard
Home Style: Other
Lot Size: 1.41 Acres
Taxes: $18,060
Year Built: 1969

Feature Descriptions

Accessibility Features: Other
Days on Site: 5
Exterior: Vinyl Siding
Lot Dimensions: 278X221
Parcel #: 0103301001
Sewer: City Sewer/Connected
SQFT Living Area: 6962
Units: 34
Water: Public

Listed By / Shown

Listed By

Agency Name: Thomas Realty
Agency Phone: 712-542-6325

Shown By

Agent Name: Phil Brown, CAI, ALC
Agent Phone: (314) 753-7444
Agency Title: Trophy Properties & Auction

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Estimated Payment

$ 3,455.86 per month $1,724.81 Principal & Interest $1,505.00 Property Tax $226.04 Homeowner's Insurance

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