Blue Ridge STR investment

[Hanan K.]

Anyone investing in the Elijay/ Blue Ridge, GA area willing to share their experience. How are your vacation rental(s) performing (occupancy, average nightly rate) ? We love the area, but are not sure how the occupancy and return compares to other mountain markets. We were originally considering the smoky mountains but it seems the prices are through the roof there right now! 

[Michael Craven]

Hey @Hanan K. we are actually closing on our first STR in Blue Ridge (4Bed/3Bath) this week. Prices have definitely gone up even just from the time we started looking to the time we got this one under contract (a few months), which is crazy, but the numbers still worked. My partner owns a couple in the Smoky mountains and they obviously perform very well, but we do anticipate that the BR cabin will do quite well, too. I'd be happy to chat more about it with you!