๐ 11 best short term rental opportunities | June 17, 2024
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A Rare Opportunity! Discover the perfect lakefront getaway with this turnkey vacation rental on Lake Greenwood. This property is an established income producer with an impressive 4.97 rating from 68 reviews. This unique, year-round, deep-water home offers four bedrooms and four baths. Expansive outdoor living areas include multi-level decks, a private covered dock, and a boathouse with a lakefront sundeck. Enjoy ample entertaining space, storage for all your lake toys, and stunning panoramic views. The first level features a den with an expansive wall of windows overlooking Lake Greenwood, a large open kitchen, and a spacious formal dining room with a fireplace. Two bedrooms with a split floor layout for added privacy and a bathroom complete the first level. Upstairs, you'll find a great room with breathtaking views, a floor-to-ceiling stone fireplace, and a vaulted wood ceiling, along with a spacious gaming area overlooking the upper deck. The master suite boasts an expanded deck, perfect for enjoying beautiful sunrises from the swing, and an additional ensuite bedroom with bunk beds maximizes guest accommodations. This exceptional Lake Greenwood home is fully equipped and ready to welcome guests comfortably, with a proven earning history. Don't miss out on this rare opportunity to own a lakefront paradise that's ready to work for you from day one!
$699,000
4 Bedrooms, 4 Bathrooms
Average Daily Rate: $394
Expected occupancy rate: 60%
Monthly expected income: $7,191
Monthly expected expenses: $5,466
Monthly expected cash flow: $1,725
Expected cash on cash return: 11.8%
RARE FIND! Cartecay River Frontage, 2.53 acres with end of the road privacy, bordering 2000+ acres of Wildlife Management/National Forest, paved roads, public utilities and only 10 minutes from Downtown Historic Ellijay. Properties like this don't come along very often. Discover unparalleled character and charm in this stunning home, nestled out of the flood plain, this exquisite cabin features a level lot with easy river access. It's located below the Blackberry Mountain bridge so you don't get the tubing traffic like other riverfront homes, you'll enjoy the serene natural backdrop and abundant wildlife. Inside, you'll find 3 bedrooms and 2.5 baths, very well appointed with high-end finishes throughout. Cozy up to any of the three fireplaces, including exterior fireplace on the large covered porch. The primary suite on the main level boasts a jetted tub, a walk-in tile shower, and a massive walk-in closet. The finished terrace level includes a gas log fireplace, a large family room, two additional bedrooms, including a bunk room, and a full bath. Outdoors, enjoy a level yard with a horseshoe pit and a riverfront fire pit, this lot is ideal for gatherings and outdoor fun. Access is convenient with all paved (not steep) roads, gated entry, and the property comes with no HOA fees. Selling FURNISHED this riverside cabin is move-in ready and perfect as a full-time residence, weekend getaway or vacation rental. (This property has never been in the rental program but STR's are not restricted.)
$824,777
3 Bedrooms, 3 Bathrooms
Average Daily Rate: $399
Expected occupancy rate: 56%
Monthly expected income: $6,796
Monthly expected expenses: $5,849
Monthly expected cash flow: $948
Expected cash on cash return: 5.1%
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