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Updated almost 2 years ago on . Most recent reply

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15
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Mark Berardi
6
Votes |
15
Posts

Blue Ridge Ga

Mark Berardi
Posted

All - I like the properties I see in Blue Ridge GA. However, I don’t know the area very well. Can anyone with property in Blue Ridge share their experience with the income generated from their property there? 

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38
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30
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Neil Doldo
  • Rental Property Investor
  • Suwanee, GA
30
Votes |
38
Posts
Neil Doldo
  • Rental Property Investor
  • Suwanee, GA
Replied

Hi Mark!  
My wife and I own three properties in the Blue Ridge area and she also co-hosts for two others.  Our three did very well in 2022, grossing $113k, $149k, and $36k (in service just two months).  The two co-host properties are just starting but we anticipate grossing about $80k (2br/2ba with a view) and $200k (4br/4ba new build with a pool).  Right now the market is pretty competitive, but if you have a great view, are on water, or have some other awesome amenity, it will do great.  The sweet spot is a 2/2 with a view, or 4br+ that can sleep alot of people.  Our best performers don't have views or water, but have insane amenities.  One has a 1100sq.ft. arcade and theater room, and the other has a theater room, pool, game room, and is 10 min from downtown.  I have included the links so you can see four of the five properties.  

https://www.airbnb.com/rooms/50432995?guests=1&adults=4&children=2&s=67&unique_share_id=cc99d7e2-09db-462b-99e7-c659f45f4cb4

https://www.airbnb.com/rooms/839040993900203407

https://www.airbnb.com/rooms/615272595622105553?guests=1&adults=4&children=2&s=67&unique_share_id=74550085-1893-49a6-9c35-6e96cf36e550

https://www.airbnb.com/rooms/742574515648264600

Best,
Neil


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