- Estonia-based ÖÖD has unveiled a nearly $14,000 wheel chassis for its almost $125,000 mirrored tiny homes.
- This helps speed up the permitting process and makes it accessible in 48 states, the company says.
- ÖÖD is setting up a production facility in Houston, Texas.
The flood of "unique stays" in the short-term rental market has made it a competitive space for property owners.
Source: Insider
From shipping container homes to tiny cabins, travelers now have plenty of options to choose from.
Source: Insider
But one Estonia-based company says its unique product could provide rental owners with both a simple setup and permitting process and a higher nightly rate.
ÖÖD builds offices, saunas, and its signature tiny homes that can double as short-term rentals.
Source: Insider
The Estonian company's tiny homes have already been on the market for some time now.
But it recently launched a chassis with wheels that can be attached to these mirrored homes. This simple chassis speeds up some permitting requirements and therefore, the time it takes to deploy one of the homes, the company says.
Source: Insider
People looking for backyard accessory dwelling units (ADUs) for personal use could purchase one of ÖÖD's tiny homes.
But Robin Boehringer, the company's chairman, told Insider in February that he envisions a future where ÖÖD will work more closely with hospitality companies and rental operators.
Its units are already scattered around the world from the US to the Netherlands.
And some of its tiny homes in California and Vermont are currently being used as short-term rentals on platforms like Airbnb.
The four tiny homes on the West Coast are seeing an average occupancy rate of 74% …
… while the one in Vermont is occupied about 95% of the time and books out about four months in advance, ÖÖD says.
Source: ÖÖD
During its peak season, the home will go for $500 a night.
In December 2022, the California units were booked for an average of $524 a night while hitting a 30% occupancy rate, the Estonian company told Insider in February.
Source: Insider
Weekends were often fully reserved.
ÖÖD’s signature home starts at nearly $125,000.
Permitting for tiny homes — including this one — can be a fussy process.
This is where the company's new nearly $15,000 wheel chassis comes into play.
This removable attachment turns the unit into a home on wheels that fulfills "park model RV" standards, the company says.
Before this add-on, the ÖÖD's tiny homes were only permitted in eight states.
With this addition, it's now available in 48 states with the exception of Washington and Nebraska.
However, permits for home functions like water, waste, and electricity may still be required.
Source: ÖÖD
Also, just because it has wheels doesn't mean it's ready for a cross-country road trip.
Even with the mobile chassis, the tiny home "is not designed to be driven around," according to the company, although it can be relocated.
Besides the wheel attachment, there are no differences between the hotel on wheels and the standard tiny home.
The nearly 21-foot-long, 11-foot-wide home is made of a steel and wood frame and mirrored glass on three sides of the home.
Inside, it has all of the amenities of a typical home — a kitchen, bathroom, and bed – condensed into a 277-square-foot space.
And because the unit is prefabricated, ÖÖD says the on-site setup (connecting to electricity, water, and waste) only takes one day.
There are 25 of these mirrored homes in the US as of February.
But soon we could see more.
ÖÖD is setting up a production facility in Houston, Texas with the goal of finishing its first units in April, the company previously told Insider.
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