Unique Micro Resort Development

Buy raw land and build a village of architecturally unique cabins (e.g., Scandinavian-style) to operate as short-term rentals. Isaac French started with $20,000 in savings, built 7 cabins on 5 acres for $2.3M total (about $330K per key), achieved 95% occupancy and $1M top-line revenue with $550K NOI in year one, then sold for $7M (a $4.7M net profit) less than 3 years later to private equity.

Startup Budget

$20K – $2300K

Difficulty

Advanced

Business Type

Hybrid

Location

Suburban

Time Commitment

Full-time

Revenue Potential

$80000+/month

Skills Needed

constructionproject managementdesignreal estatemarketinghospitality

Watch the Full Breakdown

Unique Micro Resort Development — YouTube thumbnail

Watch on YouTube — Chris Koerner

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