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Cabins on Main Renovated Boutique Hospitality 1524 Main St 19 Room Hotel Longmont, CO 80501 $2,850,000 ($150,000/Room) 11.20% Cap Rate



Investment Highlights
- Value-Add: historically conservative operations with limited digital marketing, rate optimization, and OTA exposure, upside through ADR optimization
- Not Franchise Restricted: Allows buyers to implement their own branding, experiential design, or boutique hospitality concept.
- Sundance Film Festival Relocation (2027): Expected to increase winter occupancy and ADR through regional lodging compression.
- Fully Renovated: Comprehensive 2024–2025 renovation including major building systems, guest rooms, and interiors materially reduces risk and capex
- Front Range Tourism Positioning: ~20 minutes to Boulder and 35–40 minutes to Rocky Mountain National Park, capturing regional leisure and tourism
- Revenue Enhancement: expand amenities, introduce experiential guest programming, increase ADR through dynamic pricing, further develop
Executive Summary
Welcome to Cabins on Main, a fully renovated 18-unit boutique motel hospitality investment property located along Main Street in downtown Longmont, Colorado, strategically positioned between Boulder and Rocky Mountain National Park in one of the Front Range’s strongest tourism corridors.
The property completed a comprehensive 2024–2025 renovation, including upgrades to major building systems (electrical, plumbing, HVAC, and fire/life safety) along with modernized guest rooms and refreshed interiors. These improvements effectively reset the physical lifecycle of the asset and materially reduce near-term capital expenditure risk.
Historically operated with conservative management, minimal marketing exposure, and below-market room rates, Cabins on Main offers investors a compelling value-add opportunity driven primarily through operational improvements rather than additional renovation. With the physical improvements complete and OTA-ready booking infrastructure already in place, a new owner can focus on ADR growth, improved distribution, dynamic pricing, and experiential hospitality enhancements.
The property benefits from strong regional tourism drivers including Boulder, Rocky Mountain National Park, and Northern Colorado employment centers, attracting outdoor travelers, leisure visitors, extended-stay guests, and event-driven tourism. Beginning in 2027, the relocation of the Sundance Film Festival to Boulder is expected to further increase regional lodging demand and seasonal ADR compression.
Cabins on Main is ideally suited for owner-operators, boutique hospitality groups, or lifestyle investors seeking a renovated asset with clear operational upside in a high-growth Front Range market.
Search Terms:
Boutique motel, hospitality investment property, Colorado boutique hotel, owner operator hotel, Rocky Mountain tourism lodging, Boulder hospitality property.
The property completed a comprehensive 2024–2025 renovation, including upgrades to major building systems (electrical, plumbing, HVAC, and fire/life safety) along with modernized guest rooms and refreshed interiors. These improvements effectively reset the physical lifecycle of the asset and materially reduce near-term capital expenditure risk.
Historically operated with conservative management, minimal marketing exposure, and below-market room rates, Cabins on Main offers investors a compelling value-add opportunity driven primarily through operational improvements rather than additional renovation. With the physical improvements complete and OTA-ready booking infrastructure already in place, a new owner can focus on ADR growth, improved distribution, dynamic pricing, and experiential hospitality enhancements.
The property benefits from strong regional tourism drivers including Boulder, Rocky Mountain National Park, and Northern Colorado employment centers, attracting outdoor travelers, leisure visitors, extended-stay guests, and event-driven tourism. Beginning in 2027, the relocation of the Sundance Film Festival to Boulder is expected to further increase regional lodging demand and seasonal ADR compression.
Cabins on Main is ideally suited for owner-operators, boutique hospitality groups, or lifestyle investors seeking a renovated asset with clear operational upside in a high-growth Front Range market.
Search Terms:
Boutique motel, hospitality investment property, Colorado boutique hotel, owner operator hotel, Rocky Mountain tourism lodging, Boulder hospitality property.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 19 | $35.00 | - |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $105,373 (2025) | |
| Land Assessment | $165,922 (2025) | Total Assessment | $271,295 (2025) |
Property Taxes
Parcel Numbers
Land Assessment
$165,922 (2025)
Improvements Assessment
$105,373 (2025)
Total Assessment
$271,295 (2025)
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Presented by
Colorado Commercial Advisors
Cabins on Main Renovated Boutique Hospitality | 1524 Main St
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