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55
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Chris Noles
  • Investor
  • Jasper, GA
31
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55
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Condos in Banner Elk, NC

Chris Noles
  • Investor
  • Jasper, GA
Posted

I have been looking ino this market, and would love to get feedback from anyone who owns a 1 or 2 bedroom condo in Banner Elk, especially at Sugartop or Ski Sugar Country Club.  What kind of occupancy rates are you seeing, and what are your annual rents?  The numbers coming from Rabbu don't look great even though I hear a lot of good things about the area.

Thanks!

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Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
7,537
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Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
Replied

Hey @Chris Noles. Have you tried searching on AirBNB and VRBO to see what others at those condo complexes are doing? If they are allowed there, there should be a bunch to check out.

Check their calendars, their nightly rates and what kind of amenities they are offering. Should give you a rock solid start of how they would do.

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