1031 Investment Properties
and Rental Cabins
Mountain View, Lake Front or Creekside
We speak with clients daily who all seem to be searching for the same property: A luxury log cabin with a great mountain view which is suitable for use as both a private getaway as well as a lucrative rental investment.
What Makes a Cabin a Successful
For the most part, the rental market is glutted with "average" cabins. Buyers should be looking for a "special" property that will stand out from the crowd.
I suggest a cabin that is:
1) Within 10(+-) miles of town - The farther out you go, the more difficult it will be to find a property manager. It can also reduce your number of repeat & referral customers as it is inconvenient for them to get to stores and attractions.
2) Has either a beautful mountain view or is on good water (loud, visible and easily accessible) - A very secluded/private cabin is nice, but is not generally the first cabin requested.
3) A nice kitchen - As there are limited choices for eating out in Blue Ridge, guests will use the kitchen quite heavily. If the cabin will sleep more than 4 guests, I would suggest that you consider only cabins which offer a dishwasher. Central heat & air is also a must!
What Should I expect
A nice 3 bedroom/3 bath cabin with a good mountain view which is suitable for use a rental will be difficult to find for less than $275K. In truth, $299K+ is more the norm.
REALITY CHECK: I suggest that you take a look at my MLS SEARCH TOOL to see the properties currently available in the price range you've set for yourself.
Long Range Mountain
Views, Toccoa River,
Lake Blue Ridge ....
In addition to its natural beauty, Blue Ridge is conveniently located to white water rafting on the Ocoee River, day trips to Chattanooga, Helen and the Cherohala Skyway as well as state parks, and Lake Blue Ridge.