Looking to Acquire: Boutique Hotel or 10–20 Unit Property in Regulated Tourism Market

[Adhirai M.]

Hi BP community – I’m on the hunt for a niche acquisition and wanted to share my buy box in case anyone has leads or insights.

What I’m Looking For:

• Price: Up to $1.5M

• Asset Type: Boutique hotel, motel, or 10–20 unit multifamily with commercial zoning

• Location Criteria:

  • Dual-season or all-season tourism (e.g., ski towns, mountain getaways, national park gateways)

  • Proximity to a national park or major outdoor destination

  • High-barrier to entry: Strict STR laws or permitting caps preferred

• Condition: Open to value-add or creative repositioning

My goal is to find a property in a supply-constrained market where STR competition is limited, but tourism demand is strong — especially with families or adventure travelers.

If you know of a market that fits, or have leads on off-market properties, I’d love to connect. DMs welcome or feel free to comment! I’m a serious buyer ready to move quickly for the right deal.

Thanks in advance!