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Updated about 3 hours ago on . Most recent reply

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Kalen Adamson
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Tipi village for STR

Kalen Adamson
Posted

My apologies in advance if this has already been covered somewhere, I did not have luck finding a similar thread.

Is there anyone on here who owns a STR business renting Tipis (or maybe yurts)? I have a small portfolio of LTRs as SFH and one 6plex In Arkansas, but have not yet ventured into STRs. I live in SW Montana where there is a strong STR market and am considering buying a lot locally (2.5 acre overlooking the river/valley/mountains) where I could set up 2-4 Tipi's and rent portable bathroom/washing station for the lot. (I am Native, and have lived in a tipi before... hence the Tipi idea). There would be long term plans of building, or buying a modular to use as STR. This area is strong in tourism/fishing all summer, and Hunters renting STRs all fall, many bring horses or mules, the property could support boarding horses for these instances.

If this plan sounds funny, I understand that it is, I work and live on a ranch with my family an hour south of this town, but one day wish to retire and live there, other than that we have not considered this area much for investment potential, just looking to buy something for ourselves one day, but that would pay for itself until then, Tipis would be a very low overhead way to peel some return off the property quickly.

thank you in advance

Kale

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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

It would be unique and the views sound really cool but this would be similar to rent camping.

I believe this would be a small niche group that would be interested in this.

  • John Underwood
  • Loading replies...