$100K? This will be a failed business venture. Won't be investing.
A fool and his money...
$100k for something the size of my apartment. No thanks. You can blame Portland's land-use regulations for the high prices and lack of real estate.
After a quick search of Portland real estate, I'm willing to bet these places sell. I found 3 properties in this price range, one specified contractors, so was a dump. The other 2 were 1 bedroom "units" that advertised "walk to everything" and home owner's association dues...so probably the size of these houses. This helps me remember what's NOT wrong with Kansas!!
These remind me of the apartment/condos that are in Japan.
If anyone here ever watches "House Hunters International" on HGTV, this is about the size of a lot of the places people are looking at in Japan, Thailand, and a few other places in SE Asia. Very expensive!!!
Maybe the developers are trying to appeal to those from over there who are working in the NW. It's what they are used to at home, that are less expensive than at home.
I could rent one, maybe....they are about the size of my efficiency apartment I had in college...but I sure wouldn't buy one.
You know, it's interesting. We have laws that state that farm animals are required to have a certain amount of space to live in, yet if you want to build homes like this, no one thinks twice. We treat animals better than people.
I think that's about the size of some cow camps I've summered in. Even with three kids. But we didn't stay inside much and the scenery around us was beyond beautiful.
I'm running into people, retired and most often single, who are living full-time in fifth-wheel campers. Some have been doing it for several years and really like it. Staying in one place at RV parks. My house, at 912 sq. ft., is about small enough and it's basically for sleeping and cooking.