Considering locations for STR Asheville NC?

[Ted Davis]

Hello all,

My wife and I are considering several cities to invest in short term rentals. We are looking at areas where we would also enjoy to take our family yearly.

Can you provide some insight on Asheville NC?

Is Asheville the best option for STR or are there surrounding cities/Suburbs that have better views/rates?

I know it all depends on our personal goals.

What’s your occupancy rate? I’m not looking to achieve 80-90%.

Any other helpful info would be great

Thank you to all who participate in the forums

Ted

[Jordan Lockaby]

@Ted Davis, @Matt Payne is right - the surrounding area is very beautiful and appeals to folks who don't need what downtown Asheville has (mostly breweries and jay-walking hippies, lol). There are tons of little towns within an hour of here that have a cute strip with a few restaurants & pottery studios. Other hot spots would be;

Black Mountain, Montreat, Weaverville, Burnsville, Spruce Pine, Little Switzerland, Marshall, Mars Hill (also stronger rental possibilities here because it's a university town), Maggie Valley, Brevard, Cashiers, Highlands, Chimney Rock & Lake Lure (pretty concentrated with STR already), Hendersonville, Flat Rock, Saluda, Tryon.

Regarding occupancy.. Can't give any numbers, but the market here for STR is definitely hottest in the fall. Leaf Peepers and the jay-walking hippies duel it out for space on the hiking trails. XD