Investment Opportunity at an 8% Cap Rate! What's for sale: 3 freestanding, fully furnished Short Term Vacation Rental Homes that have exclusive panoramic views of Fontana Lake and the Great Smoky Mountains National Park, located in Bryson City, NC. Strong 9 year rental history offers an established investment opportunity. Come enjoy a peaceful sanctuary surrounded by untouched Nantahala National Forest. Delight in being remote enough to be immersed in nature, while having quick access, just 12 minutes to downtown, restaurants, and shopping. Lake access is just a 5 minute drive to a boat ramp and marina. This property is an hour west of Asheville, NC, 2 hours from Knoxville, TN, 3 hours north of Atlanta, GA, and only 4.5 hours to the coast of SC. Investment Summary Stable long term investment opportunity with consistent returns 9 Year Established STR History 70% Occupancy Rate (w 3 night minimum and no pets) 2,072 Total sq ft on 2.1 Acres NOI - $159,217
The median home value in Bryson City, NC is $468,000. This is higher than the county median home value of $145,600. The national median home value is $219,700. The average price of homes sold in Bryson City, NC is $468,000. Approximately 36.52% of Bryson City homes are owned, compared to 37.33% rented, while 26.15% are vacant. Bryson City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Bryson City real estate agent to arrange a tour today!
Bryson City, North Carolina has a population of 1,519. Bryson City is less family-centric than the surrounding county with 5.11% of the households containing married families with children. The county average for households married with children is 23.54%.
The median household income in Bryson City, North Carolina is $31,750. The median household income for the surrounding county is $35,271 compared to the national median of $57,652. The median age of people living in Bryson City is 48 years.
The average high temperature in July is 84.7 degrees, with an average low temperature in January of 23.6 degrees. The average rainfall is approximately 57.4 inches per year, with 6.5 inches of snow per year.