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Updated 20 days ago on .

Looking to Acquire: Boutique Hotel or 10–20 Unit Property in Regulated Tourism Market
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:
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Price: Up to $1.5M
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Asset Type: Boutique hotel, motel, or 10–20 unit multifamily with commercial zoning
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Location Criteria:
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Dual-season or all-season tourism (e.g., ski towns, mountain getaways, national park gateways)
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Proximity to a national park or major outdoor destination
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High-barrier to entry: Strict STR laws or permitting caps preferred
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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!