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Basalt Mountain Inn 220 Midland Ave 25 Room Hotel Basalt, CO 81621 $8,705,250 CAD ($348,210 CAD/Room)
Investment Highlights
- Prime Downtown Location – Situated in the heart of Basalt, between Aspen and Glenwood Springs
- Renovated Asset – Updated in 2023 with modern mountain lodge design
- Strategic Accessibility – Approximately 30 minutes to Aspen/Pitkin County Airport
- 25-Room Boutique Inn – Well-positioned independent lodging asset with strong leisure appeal
- Year-Round Tourism Demand – Driven by skiing, fly fishing, hiking, and outdoor recreation in the Roaring Fork Valley
Executive Summary
The Basalt Mountain Inn offers a rare opportunity to acquire a boutique lodging asset in the heart of downtown Basalt, Colorado—one of the most desirable and supply-constrained markets in the Roaring Fork Valley. Ideally located near the confluence of the Fryingpan and Roaring Fork Rivers and steps from Midland Avenue’s dining and retail scene, the property benefits from strong year-round demand driven by tourism and outdoor recreation.
Positioned as a more accessible alternative to Aspen, the Inn captures leisure travelers, fly-fishing enthusiasts, and outdoor adventurers seeking a high-quality mountain experience at a more attractive price point. Its proximity to Aspen Snowmass further enhances its appeal as a four-season destination.
The property features well-appointed guest rooms and a streamlined, efficient operating model, offering flexibility for owner-operators and investors alike. Additional upside exists through potential renovations, rate growth, and enhanced positioning.
This offering represents a compelling investment in a high-barrier-to-entry market with strong fundamentals, consistent demand, and long-term appreciation potential.
Positioned as a more accessible alternative to Aspen, the Inn captures leisure travelers, fly-fishing enthusiasts, and outdoor adventurers seeking a high-quality mountain experience at a more attractive price point. Its proximity to Aspen Snowmass further enhances its appeal as a four-season destination.
The property features well-appointed guest rooms and a streamlined, efficient operating model, offering flexibility for owner-operators and investors alike. Additional upside exists through potential renovations, rate growth, and enhanced positioning.
This offering represents a compelling investment in a high-barrier-to-entry market with strong fundamentals, consistent demand, and long-term appreciation potential.
Property Facts
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 19 | $281.35 CAD | - |
| Guest Room | 6 | $221.46 CAD | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | R025232 | Improvements Assessment | $910,890 CAD |
| Land Assessment | $383,463 CAD | Total Assessment | $1,294,352 CAD |
Property Taxes
Parcel Number
R025232
Land Assessment
$383,463 CAD
Improvements Assessment
$910,890 CAD
Total Assessment
$1,294,352 CAD
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Presented by
Prime Investment Properties LLC
Basalt Mountain Inn | 220 Midland Ave
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