Airbnb Vermont Cabins

[Raif Harris]

I am a new investor with some capital. I'm looking to close a deal this summer. I have been looking at rental properties in Connecticut (where I live), but I was thinking I might be able to get more cash flow with an Airbnb.

I have seen these small cabins in southern Vermont on Airbnb. They are usually marketed as a "scenic getaway" or "tiny house retreat." It seems these can be constructed fairly easily for around 6-8K. They are getting booked for around $75-100 per night in southern Vermont with proximity to ski resorts and lakes. After doing the math it seems like I'm not getting something. This seems too good to be true.

My questions:

1) Is it true that these "small cabin getaways" can charge $100 a night?

2) What is a probable occupancy rate in this market? Is there a place to see Airbnb occupancy data?

I'd love to hear from anyone in the Airbnb business especially those investing in smaller Cabins in outdoorsy places. Input from Vermont investors would also be very helpful!

[Karen Chenaille]

Hi Raif!

I run an air BnB out of my home in Southern Vt And I own 2 condos at Mt Snow. 

Vermont has two shoulder seasons that will impact your returns. April-May and Late Oct to Mid December. 

The big returns are during winter. Most of the Little cabins you are seeing on Air BnB are not suitable for winter occupancy. 

Killington is the #2 STR market in the US. Mount Snow also offers some good returns. Have you thought of other asset classes such as condos or SF close to a ski mountain?

I would be happy to chat with you about investing in Southern VT  

Karen