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32764182
32764181

1524 Main St, Longmont, CO 80501

KM
CO FA100107331, TX 760593
Colorado Commercial Advisors
JP
CO ER.100023261
Colorado Commercial Advisors
Listed by Colorado Commercial Advisors
$2,850,000
120 days on market
Updated 17 days ago

Cabins on Main | Renovated Boutique Hospitality | Longmont

Details
Property Type Hospitality
Sub Type Motel
Units 18
Cap Rate 8.50%
NOI $241,023
Pro-Forma Cap Rate 11.2%
Pro-Forma NOI $319,168
Year Built 1950
Year Renovated 2025
Buildings 6
Acreage 1.200
Zoning MU-C
Parking Spaces 36 spaces
Investment Type Value Add

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.

SEARCH TERMS: 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

Investment highlights

  • 100% weekend occupancy achieved; summer 2026 bookings building
  • Sundance Film Festival 2027 pricing set; whole-property buyout inquiries received
  • Comprehensive 2024-2025 renovation complete — major systems, guest rooms, interiors
  • OTA infrastructure live; revenue optimization underway without additional capex
  • Historical financials reflect pre-renovation baseline — current trajectory supports 11.2% proforma cap
  • Mobile homes removed at closing; rear pad site available for Airstream, tiny home, or cabin expansion (MU-C zoning)
  • Independent property — no franchise restrictions; brand, concept, and pricing fully at buyer's discretion
  • 20 minutes to Boulder, 35-40 minutes to Rocky Mountain National Park
  • Unfinished 2BD on-site owner/manager residence included — live-work hospitality model available

Listing Contacts

KM
CO FA100107331, TX 760593
Colorado Commercial Advisors
JP
CO ER.100023261
Colorado Commercial Advisors
Listed by Colorado Commercial Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$241,023.00
$20,085.25/mo

Valuation Metrics

0
DSCR
8.46%
Cap Rate
8.46%
ROI

Map

Zoning

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MUC MixedMixed UseMixed Use Corridor
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Kris Manthos
License
FA100107331
Brokerage
Colorado Commercial Advisors
Brokerage Phone
3036746003
Brokerage Address
29029 Upper Bear Creek Road
Name
Jason Parker
License
ER.100023261
Brokerage
Colorado Commercial Advisors
Title
Partner / Managing Broker
Brokerage Address
29029 Upper Bear Creek Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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