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Foot Of The Mountain Motel 200 Arapahoe Ave 20 Room Hotel Boulder, CO 80302 $8,896,266 CAD ($444,813 CAD/Room) 7.20% Cap Rate
Investment Highlights
- 7.20% Cap Rate (Without Management Fee) | 6.53% Cap Rate (With Management Fee)
- 20 unique guest units, including 18 rustic studios and 2 spacious suites, blending vintage charm with modern amenities
- Flexible Transitional zoning, allowing for potential expansion or additional development opportunities, including a Nordic Spa concept
- Fully restored, turn-key 1930s mountain lodge on 1.05 acres at the base of Boulder Canyon, just minutes from downtown Boulder
- 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.
- Broker of Record: Michael A. Corbey with RealSpace Commercial RE, LLC (out of Englewood, CO)
Executive Summary
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.
Property Facts
| Price | $8,896,266 CAD | Lot Size | 1.05 AC |
| Price Per Room | $444,813 CAD | Building Size | 7,184 SF |
| Sale Type | Investment | No. Rooms | 20 |
| Cap Rate | 7.20% | No. Stories | 1 |
| Sale Condition | Business Value Included | Year Built/Renovated | 1934/2014 |
| Property Type | Hospitality | Parking Ratio | 3.34/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | B | ||
| Zoning | T | ||
| Price | $8,896,266 CAD |
| Price Per Room | $444,813 CAD |
| Sale Type | Investment |
| Cap Rate | 7.20% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.05 AC |
| Building Size | 7,184 SF |
| No. Rooms | 20 |
| No. Stories | 1 |
| Year Built/Renovated | 1934/2014 |
| Parking Ratio | 3.34/1,000 SF |
| Corridor | Exterior |
| Zoning | T |
Amenities
- High Speed Internet Access
- Patio
- Boutique/Lifestyle Hotel
- Public Access Wifi
- Hot Tub
- Fully-Equipped Kitchen
- Multi-Room Suites
About 200 ARAPAHOE AVE , BOULDER, CO 80302
The Property is located in Boulder, CO, nestled against the foothills of the Rocky Mountains. Known for its stunning natural beauty and vibrant culture, Boulder offers a unique blend of outdoor adventure and urban amenities. The city is home to the famous Flatirons, a series of iconic, jagged sandstone formations that attract hikers, climbers, and sightseers year-round. With over 45,000 acres of protected open space and 300 miles of trails, Boulder is a paradise for outdoor enthusiasts who enjoy hiking, biking, and rock climbing. In the winter, nearby ski resorts provide options for skiing and snowboarding, while Boulder itself offers cross-country skiing and snowshoeing on local trails. Boulder Creek flows through the city, offering serene spots for fishing, tubing, and picnicking. The city is also known for its lively arts and food scene, with a variety of galleries, farm-to-table restaurants, and the popular Pearl Street Mall—a pedestrian-friendly shopping and dining hub. The University of Colorado Boulder adds an energetic, youthful vibe to the city, bringing events, and cultural performances. Distances from larger cities: Denver, CO - 29 miles northwest of Denver Fort Collins, CO - 58 miles south of Fort Collins Cheyenne, WY - 90 miles southwest of Cheyenne Colorado Springs, CO - 97 miles north of Colorado Springs Salt Lake City, UT - 520 miles east of Salt Lake City Local airports include Boulder Municipal Airport (5 miles) and Rocky Mountain Metropolitan Airport (13 miles). The nearest international airport is Denver International Airport, located 42 miles east of Boulder.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $602.67 CAD | - |
| Guest Room | 18 | $364.34 CAD | - |
Property Taxes
| Parcel Number | 1461-36-2-00-018 | Improvements Assessment | $394,372 CAD |
| Land Assessment | $795,074 CAD | Total Assessment | $1,189,446 CAD |
Property Taxes
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Foot Of The Mountain Motel | 200 Arapahoe Ave
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