Building new for STR: Unique property strategy help

[Ben Freed]

Hi. I have a company that builds unique European-style cabins. We are thinking about building a property for an STR in the Catskills, NY region on a quiet secluded 7 Acre plot, but have been wavering between 3 types of builds.

1. Maxed out bedrooms and amenities for $$$ (5 bedroom, 3 bath with game room/theater and indoor pool).

2. Small (~1000 sq feet or so) 2 bedroom for $ maximize the uniqueness and design value.

3. Medium size 3 bed/2bath that is the most suitable to sell as a single family if the rental doesn't do wall.

Any thoughts or advice on the matter would be appreciated!

A few photos of the design options:

[Kumar R.]

@Ben Freed Congratulations!! You my friend have a good problem to solve. I would agree with @Garrett Brown You want to spread your risk by adding more units than one large monolith. Maybe add community amenities in the middle for occupants of all units to enjoy. Certainly, you will need to balance between how small you want to go before your reverse the curve. Good luck!