SOLD! The beautiful, modern “Airbnb House” sold for $1,100,000. The sellers utilized the commercially zoned (CM3) property as an Airbnb investment property.
The property was remodeled, updated and upgraded and is beautiful! Apartment investors ask me more and more about the possibility of utilizing their apartments for Airbnb, and typically it is not a feasible business model that is compatible with traditional apartment operations. However, this property was uniquely suited for Airbnb purposes primarily due to the commercial zoning and the operators lived onsite.
Bernard Gehret of Joseph Bernard Investment Real Estate represented the sellers, and Alex Roy from John L. Scott represented the buyer. For more information, call Bernard Gehret at 503.546.9390.
More resources for commercial/multifamily properties in Oregon and SW Washington: Joseph Bernard Investment Real Estate