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Investment Highlights

  • High Traffic Location off Interstate I-80

Executive Summary

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 ..

Property Facts

Price $775,000
Price Per Room $22,794
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.04 AC
Building Size 17,365 SF
No. Rooms 34
No. Stories 2
Year Built 1968
Parking Ratio 2.53/1,000 SF
Corridor Exterior
Zoning Commercial/Industrial - Commercial/Industrial

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 34 $30.00 -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
01-03-301-001
Land Assessment
$141,000
Improvements Assessment
$539,530
Total Assessment
$680,530
  • Listing ID: 41169622

  • Date on Market: 7/5/2026

  • Last Updated:

  • Address: 100 5th St, Adair, IA 50002

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