100 5th St, Adair, IA 50002

$675,000
6,962
SqFt

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List Price
$675,000
Status
ACTIVE
Price Change
▼ $100,000 1784255511
MLS#
6339231
Subtype
Residential Income
Style
Other
Year Built
1969
Living Area
6,962
Lot Size
61,419
Acres
1.41

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 ..

Additional Information

Taxes
$18,060
Property Description
Other
Heating
Baseboard
Stories
2

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Calculator source: Real Geeks

Listing courtesy of Thomas Realty.