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Updated over 1 year ago,
STR ROI IN BRYSON CITY, NC
I am looking to invest in STR properties in Bryson City, NC area, I came across a deal and the ROI would be 12.6%. The seller is grossed $69,200 and is asking 549,000. Is 12.6 ROI a decent deal? They seem pretty set on there price. I offered 500k and they turned it down. I am trying to be at 15%, is that realistic for the market? I have one other STR in Cape Coral, FL but bought when the market was much more favorable to investing in STR's.