Foresthill Basecamp — Investor Opportunity

A New Kind of
Mountain Hospitality

10 endurance-focused studios. 37 acres in Foresthill, CA.Preferred equity from $50K.

~0%

Projected IRR

0.0x

Equity Multiple

$0K

Equity Raise

02 / Location

Foresthill, California

21235 Spring Garden Rd — 37 acres adjacent to the Western States 100 trail course, the most iconic ultramarathon in the world.

2 hours from the Bay Area
Adjacent to the Western States 100 trail course
37 acres of Sierra Nevada pine forest
Elevation ~3,400 ft
Gateway to Tahoe National Forest
Mile 62 trail marker near the Foresthill property

0 acres

Property Size

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Elevation

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From Bay Area

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Comparable Hotels

03 / The Product

Elmntl Shelter Studios

420 sqft modular studios purpose-built for endurance athletes. Private recovery amenities. Designed for the trail, not the lobby.

Elmntl Shelter Studio — panoramic bedroom with floor-to-ceiling glass
Guests enjoying outdoor shower and cold plunge

Private Sauna

Wood-fired barrel sauna per unit

Cold Plunge

Recovery-grade cold plunge pool

Rooftop Deck

Private deck with mountain views

Gear Wall

Built-in storage, wash, and dry

420 sqft Studio

Full kitchen, bath, sleeping loft

Trail Access

Direct WS100 and TNF trailheads

$527K

per key, all-in

30% below Elmntl’s standard pricing through a strategic volume partnership. That’s $690K in savings across 10 units.

Why 10 Units (Phase 1)

Phasing de-risks the project and positions Phase 2 for easier financing with real revenue history.

1Cuts equity requirement roughly in half vs. 20 units
2Proves the concept with real operating data
3Makes Phase 2 financing dramatically easier
4Most infrastructure built in Phase 1 anyway

04 / Market

Why This Works

$375

per night — starting ADR

Conservative for 420 sqft studios with private saunas, cold plunges, rooftop decks, and gear walls. Bay Area endurance athletes paying for a WS100-adjacent basecamp with recovery amenities will pay this without flinching.

Typical Tahoe Airbnb

$200–300

Foresthill Basecamp

$375

Couple enjoying an Elmntl Shelter Studio porch

The Location Moat

WS100-adjacent: the only hospitality product positioned for the endurance community
No comparable lodging product in Foresthill today
Captive Bay Area market — 2 hours from 8M+ population
Adventure tourism is the fastest-growing segment in travel

Occupancy Thesis

PeriodOccupancyNote
Year 255%Ramp — building brand + reviews
Year 368%Growth — word-of-mouth, repeat
Year 4+72%Stabilized

72% blended accounts for 85–95% summer peak and 40–55% winter low. 3% ADR annual growth.

05 / Financials

The Numbers

Project Cost Breakdown

CategoryTotalPer Key
Land (full parcel)$300K$30K
Site Development$1.023M$102K
Hard Costs (Elmntl @ 30% discount)$2.676M$268K
Soft Costs$229K$23K
Financing + Operating Shortfall$1.042M$104K
Total Project Cost$5.27M$527K

Financing Structure

SBA 7(a) Loan — 80% LTC

$4.216M

25-yr fully amortizing. No balloon. No refi risk.

Equity Required

$1.054M

Tyler’s Land Contribution($150K)
Equity Gap$904K

Operating Performance

YearRevenueNOIDSCR
Yr 2$1.07M$515K---
Yr 3$1.36M$664K1.36x
Yr 4stabilized$1.48M$741K1.51x
Yr 5$1.53M$764K1.56x
Yr 10$1.77M$889K1.82x

Cash Waterfall at Stabilization (Year 4)

Total Revenue
$1,481,503
Operating Expenses
($593,000)
Management Fee (10%)
($148,150)
NOI
$740,787
SBA Debt Service
($489,348)
Levered Cash Flow
$251,439
Investor Preferred (8%)
($64,000)
Remaining to Operators
$187,439

0.0%

Projected IRR (Year 5 exit)

0.0x

Equity Multiple (Year 5 exit)

06 / Timeline

Development Milestones

Accelerated: Summer 2027  |  Conservative: Spring 2028

Mar 2026

Pre-app Meeting

Placer County pre-application. LLC banking finalized.

Apr–Jun 2026

LaunchBoom Campaign

Meta ads driving deposits. Building proof-of-demand.

Jun 2026

Feasibility Study

Commission Sage hospitality feasibility study.

Jul–Aug 2026

Investor Commitments

Preferred equity commitments close. You are here.

Sep 2026

SBA + Permits Filed

SBA loan application submitted. MUP/CUP filed with Placer County.

Nov 2026

SBA Approved

Loan approved. Land deed transfers to LLC.

Dec 2026–May 2027

Site Work + Fabrication

Roads, utilities, septic, pads. Elmntl fabrication in parallel.

Jul 2027

Soft Opening

First guests. Foresthill Basecamp is live.

07 / The Offer

Investor Terms

Deal Structure

Raising~$900K preferred equity
Investors8–12 at $50–100K each
Preferred Return8% annual
Profit Participation15% at exit
Exit Timeline5–7 years (capital returned at refi)
SecurityCapital backed by real asset (land + structures)

On a $100K Investment

Preferred equity — 5-year hold

Annual preferred return$8,000/yr
Profit participation at exit15% of net profits
Estimated total return$155–180K
Annualized return10–12%

Your capital is secured by real property (land + structures) with an SBA loan in place. Full return of capital at refinancing before operator distributions.

Preferred equity is not permanent dilution. Investors receive a fixed return and exit at refi. Operators retain 85% of profits and 100% of ongoing ownership.

08 / Contact

Let’s Talk

Interested in learning more about the Foresthill Basecamp opportunity? Reach out directly.

Get in Touch

Foresthill Basecamp © 2026 — This page is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities.