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Casey Millsaps
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Robbinsville, NC Market

Casey Millsaps
Posted

Hello, I am grew up coming to western NC and have a family scattered in Robbinsville, Franklin and Asheville, also went to WCU in Cullowhee, NC so I'm pretty familiar with the territory. I have some family farm land in Robbinsville, NC that we have considered converting for STR use. Leaning towards Instagramable tiny home experiences. I know it is heavily reliant on tourism and bikers/hikers. The property is about 4-5 miles from the Stecoah Gap Appalachian Trail crossing. Robbinsville, while beautiful and quant, doesn't really have a ton of attractions other than mountains and certainly not year around. Nantahala Gorge is about 30 minutes or less.

Does anyone have experience or intel on the Robbinsville market or local regulations?


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469
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Gerald Pitts
  • Lender
  • Asheville NC
317
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469
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Gerald Pitts
  • Lender
  • Asheville NC
Replied

I would look into data sites like STR Insights, Pricelabs Market Dashboards, Airdna (Paid version), Rabbu, Awning. Annual Revenue is more important for investment penciling out than year round occupancy. A lot of successful markets are sustained by 6 or 8 mos out of the year.

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