Capital Reallocation, Infrastructure Modernization, Revenue Enablement - coreyhe01/philosophical-explorations GitHub Wiki

Sunriver Short-Term Rental Conversion

Capital Reallocation, Infrastructure Modernization, Revenue Enablement

Marketing Information: Rent Now

Summary

Converted a legacy single-family residential home in Sunriver, Oregon into a hospitality-grade short-term rental through a 1031 exchange and targeted infrastructure modernization. The conversion removed operational ceilings across cooling, air quality, hot water delivery, connectivity, spatial capacity, and winter resilience. Delivered whole-home central air conditioning where none existed, expanded hot water capacity to support 10-guest occupancy, modernized utilities and network infrastructure, and activated the property as an income-producing asset within approximately 30 days of acquisition. The result repositioned a 3,917 square foot Sunriver home into a year-round rental achieving early positive guest ratings and designed for sustained revenue durability.

Transaction Context

May–July 2025

  • Completed sale of a custom-built short-term rental in Suncadia, Washington in May 2025 for 1.6M
  • Executed a 1031 property exchange and acquired a residential property in Sunriver, Oregon in June 2025
  • Capital redeployed into a high-demand leisure market with year-round recreation in an established recreation location.

Asset Profile

  • 3,917 square feet
  • 4 bedrooms
  • 4 full bathrooms, 1 half bathroom
  • Permitted occupancy of 10 guests
  • Cul-de-sac location in Sunriver, Oregon

Conversion Objective

Reposition a residential home into a hospitality-grade short-term rental capable of full occupancy, and year-round demand by eliminating infrastructure bottlenecks affecting capacity, comfort, and operational reliability.

Quantifiable Impact Summary

Capacity and Occupancy Enablement

  • Supported 10-guest permitted occupancy across 3,917 square feet
  • Enabled full-home, concurrent multi-user operation

Cooling and Indoor Air Quality

  • Increased cooling capacity from 0 tons to 6 tons
  • Enabled full habitability during Central Oregon wildfire smoke season
  • Improved indoor air quality through sealed, conditioned air circulation

Hot Water and Gas Infrastructure

  • Increased natural gas service pressure from 0.25 PSI to 2.0 PSI, an 8× supply increase
  • Replaced failed 50-gallon gas storage tank with a Navien 240A2 tankless system rated near 199,000 BTU
  • Increased effective peak hot water delivery capacity by approximately 3–4×
  • Eliminated hot water depletion during simultaneous multi-bath use and turnover
  • Reduced standby energy losses by an estimated 10–20%

Connectivity and Operations

  • Deployed 1 GB fiber internet with a WiFi 7 mesh network
  • Supported high-concurrency device usage for 10 guests
  • Reduced connectivity-related operational support events

Electrical and Lighting Efficiency

  • Reduced lighting energy consumption by approximately 75–85% through full LED conversion
  • Reduced lighting maintenance overhead

Weather and Asset Protection

  • Reduced ice dam and freeze-related risk through gutter and heat tape validation
  • Improved winter operational resilience

Market Performance Signals

  • Activated as a short-term rental in July 2025
  • Achieved a 4.7-star average rating across first 4 guest reviews

Scope of Work Architected and Delivered

Connectivity and Operations

  • Installed 1 GB fiber internet
  • Designed and configured WiFi 7 mesh network with remote administrative control

Utilities and Mechanical Systems

  • Coordinated natural gas utility upgrade with county and HVAC contractor
  • Installed tankless hot water system serving all bathrooms, sinks, and laundry
  • Installed whole-home central air conditioning and integrated heating compatibility

Interior and Guest Experience

  • Configured flexible sleeping arrangements for 10 guests
  • Deployed multiple living and entertainment zones
  • Added private hot tub, bonus room, and game amenities
  • Provided Sub-Zero refrigeration, Thermador cooking appliances, and dual wine refrigerators
  • Included 10 SHARC passes

Go-Live and Revenue Enablement

  • Property activated as a short-term rental in July 2025
  • First bookings occurred during the same month while remaining upgrades were completed during vacancy windows

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