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

Renovated Boutique Hospitality | 100% Weekend Occupancy | Sundance 2027 Demand In Place | Longmont,
Marketing description
Cabins on Main is an 18-unit renovated boutique hospitality property on Main Street in downtown Longmont, Colorado, positioned between Boulder and Rocky Mountain National Park in one of the Front Range's strongest tourism corridors.
The property is currently achieving 100% weekend occupancy with documented walk-up demand exceeding available inventory, and summer 2026 bookings are building strongly. The seller has already established Sundance Film Festival pricing for 2027 and has fielded inquiries about whole-property buyouts for that event — providing a buyer with a near-term, high-ADR revenue catalyst already in motion.
The comprehensive 2024-2025 renovation included major building systems (electrical, plumbing, HVAC, fire/life safety), guest rooms, and interiors, effectively resetting the physical lifecycle of the asset. OTA infrastructure, booking engine, and website are fully operational, meaning a new owner steps into a physically stabilized, operationally ramping property — not a turnaround.
Historically operated with limited marketing and below-market rates, the property has only recently launched digital distribution. The historical financials (8.5% cap on 2021-2023 averages) reflect pre-renovation, pre-OTA operations and represent the floor, not the ceiling. Current weekend performance and the summer booking trajectory conservatively support the 11.2% proforma cap rate as a credible near-term target under professional management.
The rear portion of the property currently includes mobile home rentals that will be vacated and removed at closing, freeing a contiguous pad site with MU-C zoning for expansion. This area represents a compelling opportunity for Airstream pad rentals, tiny home accommodations, or additional cabin units, subject to municipal approval — a proven asset class in the Colorado outdoor hospitality market.
The property is well suited for an owner-operator, small hospitality group, or lifestyle investor seeking a stabilized physical asset with clear, executable revenue upside and a durable Front Range demand foundation.
ST: Boutique motel, boutique hotel Colorado, hospitality investment property, owner operator hotel, Rocky Mountain tourism lodging, Boulder hospitality property, Airstream resort Colorado, outdoor hospitality investment, Front Range boutique hotel, Longmont investment property, value-add hospitality