STR in the Great Smokey Mountains, ROI of a hot tub

[Garrett Stockton]

I am currently under contract for my first STR in Almond, NC just west of Bryson City. This property has a nice mountain view with a good-sized deck. I am going to be doing a complete cosmetic rehab on it. The property does not currently have a hot tub and I am considering getting one installed.

The question is, is a hot tub worth the investment? Does anyone have any data showing that a hot tub will increase the RIO or decrease the vacancy rate?

Are there recommendations for hot tub brands that I should consider buying and also brands that I should avoid?

Your feedback is greatly appreciated. Thanks so much and I look forward to gaining a lot of insight from your answers. Cheers!

[Kevin Luttrell]

@Garrett Stockton In the Gatlinburg/Pigeon Forge area the vast majority of STRs have hot tubs, so I imagine it's probably similar in Almond. Like Bruce mentioned if you see the majority of rentals around you have hot tubs then you should have one too, or plan on pricing your place lower than competition.