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👁🗨 Sesemi STR Hot Sheet | 📲 STR Mortgages
Dear Sesemi STReet Subscriber,
Thank you for your continued support as we strive to deliver the most accurate vacation rental and multi family investment insight and prospects along the Oregon Coast and beyond. 2024 was a banner year for our clients with an astounding $12.75M SOLD including EIGHT PRIME OREGON COAST STR’s, 30 total units and commercial properties. Thank you for your trust and we look forward to continued mutual growth in 2025.
Hosted by OR & CA RE Broker and NMLS Mortgage Broker Anthony AJ Wong.
📍 Real Estate Investment & STR News:
If you thought 2024 was lucrative wait until you see what we have coming in 2025! Our fearless forecast is that mortgage and interest rates will be higher for longer. Climate and cost related migration will accelerate to places like the Oregon Coast. Once again we are bullish on prime (accurately valued) real estate, gold, commodities and we expect an eventual pull back in equities.
The horrific fires in Southern California will have a cascading effect on the economy, housing market and in particular the California and national property insurance market. I will be diving deeper into this subject in a formal forum post later this week, in the meantime check out my recent post: Ten Real Estate and Economic impacts of the LA Wildfires.
Oregon ranks 42/50 in States on non renewal rates in 2023. Check out this Fascinating Report from the Senate Budget Committee entitled: “Next to Fall: The Climate driven insurance crisis is here and getting worse.”
On a more positive note, check out our most recent multi family sale in Eugene Oregon. Our investor was able to effectively assume a 3%+ mortgage with 15% down on a downtown 24 unit complex. We also connected them with a new top rated property management team with a track record of maximizing profitability and performance. It was our largest transaction of 2024 and one that we’re proud to have been a part of.
Still in the shopping process? Book a stay at one of our client’s live AirBnB’s!
Browse ALL active and eligible Oregon Coast vacation rentals listed for sale on our invite only STR HOT website SESEMI SHEET updated daily! Text for secret passcode.
Selling a property sometime soon? Supercharge your 1031 exchange search with our www.oregon1031X.com website featuring HIGH ROI properties including: Apartment Complexes, RV & Mobile Parks, Storage, Industrial, Commercial and Development Opportunities.
📝 2025 Oregon Coast Vacation Rental Overview
The Oregon Coast remains a viable vacation rental investment market despite increasing legislation and regulations from cities, counties and municipalities. The majority of regions rules for STR permitting remains unchanged or have recently instituted CAP’s on total vacation rental dwellings permitted to operate. A good example would be the Road’s End area of Lincoln City Oregon. Last year, actively permitted residences could transfer the permit to the new owners. That rule exception has since expired and new STR permits would be subject to a CAP. Rockaway Beach is another top investment destination that instituted a CAP on new STR permits in 2024. Actively licensed properties may transfer to a new owner.
The implications are that operational STR’s should gain enhanced revenue performance due to reduced rental inventory and competition.
STR Areas of Interest in 2025:
Florence Oregon
Brookings Oregon
Bandon Oregon
Pacific City Oregon
Lincoln City Oregon (Olivia Beach Community)
Seaside Oregon
Rockaway Beach Oregon
Depoe Bay Oregon
🏘 Here are 15 FRESH STR’s on the OR Coast:
425 S Highway 101 Depoe Bay OR - 2/1 900SF, upgraded, zoned for STR. Asking $389,900
5413 Haceta Bch Rd Florence OR - 3/2 1376SF, updated and close to beach. Eligible for STR Permit. Asking $419,000.
547 S Front St Rockaway Beach OR - 3/3 1780SF, Oceanview no HOA townhome with tranferrable STR permit. Sold furnished. Asking $539,000.
585 Tichenor St Port Orford OR - 2/1 1152SF, Spectacular oceanview home, active STR with commercial zoning for STR. Asking $598,000.
1198 Winsome Cir Florence OR - 3/3 2246SF, Large home with three bathrooms, eligible for STR permit. Asking $599,900.
4850 SE 51st St Lincoln City OR - 3/2 1680SF, Commercial zoning. Asking $645,900.
1340 NW 15th St Lincoln City OR - 3/2 - 1980SF - Commercial zoning eligible for STR. Sold furnished and turn key. Detached Cabins cannot be simultaneously rented but can be personally utilized. Asking $698,000.
4589 Meares Ave Florence OR - 5/3 2186SF - Updated. Close to beach and eligible for STR. Asking $699,999.
5840 8th St Tillamook OR - 3 / 2 1848SF - Cape Meares STR eligible. Asking $729,000
1569 S Franklin St Seaside OR - 3/2 1467SF - Riverfront with active STR permit. Eligible for new permit as of 10/24* Sold furnished. Asking $799,500.
88864 Blue Heron Rd Gearhart OR - 3/3 3514SF- Active STR. Asking $874,000.
9065 8th St Bay City OR - 3/3 custom built Bayview Homes. STR eligible confirmed with city. Asking $999,500.
323 Madison Ave SW Bandon OR - 3/3 3577SF, Oceanview home, eligible for STR permit with city as of 12/24. Asking $1,050,000.
22-32 E Washington Rd Rockaway Beach OR - 6/6 3123SF - Duplex with two active and transferrable STR Units. New construction. Sold furnished. Asking $1.25M
87108 Saturn Rd Bandon OR - 4/3 3400SF, Active STR. Walk to beach. New septic. Eligible for county permit. Asking $1,695,000.
👁🗨 Our exclusive STR HOT SHEET is updated daily and features 100+ active and off market vacation rental properties for sale. Search 24/7/365 at www.sesemisheet.com Text 541-800-0455 for the secret pass code!
BONUS: Here are 3 Top Multi Family listings in Oregon:
1625 Best Lane Eugene OR - Mid Century Duplex Asking $510,000
Newport OR - 21 Unit Coastal Portfolio w/ seller financing. Asking $3M
1000 NE Butler Market Rd Bend OR - 22 Units Asking $4.75M
Thank you for reading this week’s edition of Sesemi STReet your premier information source for vacation Rental and investment property insight throughout Oregon & California.
P.S. As a licensed NMLS mortgage broker with C2 Financial we cohesively support investors with curated loan programs. If you are in contract or considering an offer on a property nationwide, feel free to forward your BEST quote to our team for a zero obligation second look loan review. For those pending, we offer a 24 hour full loan commitment to help you and your agent win the offer! Reach out for optimized weekend Pre Approvals and professional mortgage support.
Ask about our premier mortgage programs:
Elite Jumbo & Super Jumbo Loan Rates
FHA, VA & Conventional
STR and AirBNB Mortgages
1-100 Units + Commercial
Expedited refinances and HELOCS
DSCR (Debt Service Coverage Ratio) Mortgages for 1-100+ Units
Ground Up Construction financing
Alternative income verification (1099, Bank Statement, Asset depletion)
Private & Portfolio Programs
📲 541-800-0455 📧 [email protected]
Licensed Real Estate Broker in the States of Oregon & California Fathom Realty
FL NMLS ID: 2297941
