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Updated over 2 years ago, 05/24/2022
STR in the Great Smokey Mountains, ROI of a hot tub
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!