200 Arapahoe Ave
- 7.20% Cap Rate (Without Management Fee) | 6.53% Cap Rate (With Management Fee)
- Fully restored, turn-key 1930s mountain lodge on 1.05 acres at the base of Boulder Canyon, just minutes from downtown Boulder
- 20 unique guest units, including 18 rustic studios and 2 spacious suites, blending vintage charm with modern amenities
- Prime Boulder location, which is nationally recognized as a year-round tourism destination and one of the hottest real estate markets in the U.S.
- Flexible Transitional zoning, allowing for potential expansion or additional development opportunities, including a Nordic Spa concept
- The Sundance Film Festival is relocating to Boulder in 2027, which is expected to drive material occupancy and ADR gains during the historically somewhat soft Q1 season
- Broker of Record: Michael A. Corbey with RealSpace Commercial RE, LLC (out of Englewood, CO)
Property Description
SVN | Northco is pleased to present, as exclusive advisor to ownership, the offering of the historic Foot of the Mountain Motel, a boutique mountain retreat located at the base of Boulder Canyon in Boulder, Colorado. Originally established in 1934, this iconic property has served as a beloved hospitality landmark for nearly a century. The Property encompasses 20 guest units, comprised of 18 well-appointed studios and two spacious suites, situated on approximately 1.05 acres. The accommodations blend authentic mountain lodge character with modern conveniences, appealing to today’s leisure traveler. Recent renovations have enhanced comfort and durability while preserving the property’s vintage charm, ensuring both operational stability and enduring guest appeal. Boulder remains one of the most supply-constrained, Class A hospitality markets in the country, with extremely limited new development opportunities due to stringent zoning, preservation requirements, and geographic constraints. This scarcity of developable sites creates meaningful long-term pricing power for existing operators and underpins sustained investor demand.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $6,495,000 |
| No. of Units: | 20 |
| Year Built: | 1934 |
| Lot Size: | 1.05 Acres |
| Opportunity Zone: | No |
| Price per unit: | $324,750 |
| Property Website | Click Here |
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