STR single family home outside LIT, ADA (roll in shower) with pool

STR single family home outside LIT, ADA (roll in shower) with pool

Genevieve CouchPro Member
Member since 2026 · 2 posts · 0 votes

Have a heart for wheelchair accessibility because we couldn't find anything short or mid term when moving family close. This suburb is considered "soft" STR at 35% but less than 20 minutes to three major local hospitals, and a much safer neighborhood/city than the one immediate to these facilities. This property already has a pool with a chair lift and several other accessibility features but would still need some additional modifications. Would be purchasing 20% below market value. The area is strong for LTR. Can a niche str succeed in an otherwise soft market, flanked by stronger ones that are 15-20 minutes away?

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  • MD/DC · Member since 2024 · 1k+ posts · 1k+ votes
    2mo

    If you are doing this as an investment to make money I would not try to create a niche product. Could it work? Maybe but if the only draws are hospitals 20 minutes away that isn't especially promising in my opinion. 

  • Andrew SteffensBusiness Member
    Tampa, FL · Member since 2022 · 3k+ posts · 3k+ votes
    2mo

    I agree with @Jules Aton, with just one caveat.

    Essentially this would be a gamble - you are trying to outperform the current market data.  Could it work? Sure.  Could it flop and do the market average? Also sure.

    It sounds like it could be a successful LTR - if there is a market for LTR that come furnished the risk to try STR first diminishes.

    Hope that helps, good luck!

  • Genevieve CouchPro Member
    OP
    Member since 2026 · 2 posts · 0 votes
    2mo

    Thanks for taking time to reply. It's a total win for an LTR. Just know it would be the only single home ada STR with accessible pool in a 60+ mile radius.

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