Listing: Awning - Redfin - Zillow
Airbnb Estimator: Awning
Market Data: Airbnb Market Data
Welcome to your own mountain paradise! Tucked away in beautiful Sautee Nacoochee, this immaculate log cabin home is the perfect getaway spot. With breathtaking views of the North Georgia Mountains, a cozy wood-burning fireplace, and a hot tub inside a screened porch area, this cabin has everything you need to unwind and relax. Nestled on a full acre of land, there's plenty of space to explore and enjoy the great outdoors.
Located just minutes from Sunburst Adventures, Raper Creek Falls, and Creek Falls Trailhead, your guests will never run out of things to do. And with the home's close proximity to top-notch schools, this neighborhood is highly sought-after, making it a prime location for vacation rentals.
Awning estimated that furnishing and renovating the property will cost a total of $28,000, but with a monthly revenue of $3,000 and a 6.6% cap rate, this investment has the potential to yield excellent returns. Plus, with an estimated 5-year cash-on-cash return of 9.3% and an IRR of 22%, you can rest easy knowing you're making a solid investment in your financial future.
Don't miss out on this incredible opportunity!
The Airbnb Investment Financials
How much does the home cost?
$225,000
How much will it earn on Airbnb?
$3,000 per month
How much will it cost to furnish it?
According to the listing, the total budget for furnishing the property, including the cost of designing the space, the furniture, outdoor amenities, and shipping and assembly of furniture, is $21,000.
How much will it cost to renovate?
The estimated renovation cost is $7,000. These repairs are intended to improve the appearance of the house and ensure that it is rent-ready. It's important to note that this is just an estimated cost and could vary depending on the specific repairs needed.
How much cash can you take home in the first year?
Based on the information provided, the projected monthly revenue from an Airbnb rental of the property is estimated to be $3,000. The first-year cash-on-cash return is 5.9%, which amounts to $4,320 of monthly cash flow.
What is the cap rate for this property?
The estimated cap rate is 6.6%.
All of the cap rates and returns for this property are estimates and are not intended as a guarantee of income or returns. Every investment has risks. It's important to discuss any investment, returns, regulations, laws and projections with a financial advisor, attorney or another fiduciary.
Sautee Nacoochee Short-Term Rental Regulations
What are the short-term rental laws and regulations in Sautee Nacoochee, Georgia?
Therefore, while there is no clear information about short-term rental laws and regulations in Sautee Nacoochee, Georgia, it is worth noting that short-term rentals may be subject to different regulations in different jurisdictions. It may be best to check with local authorities or consult with a legal professional for more specific information.
Is there a moratorium in short-term rentals in Sautee Nacoochee, Georgia?
There is no mention of a moratorium on short-term rentals in Sautee Nacoochee, Georgia.
Why Airbnb Guests Stay In Sautee Nacoochee, Georgia
Where is Sautee Nacoochee, Georgia?
Sautee Nacoochee is a census-designated place in White County, Georgia, United States. It is located in the northeastern part of the state, in the foothills of the Appalachian Mountains. The area is known for its natural beauty, with attractions such as the Sautee Nacoochee Cultural Center, the Chattahoochee-Oconee National Forest, and the Nacoochee Valley. Sautee Nacoochee is located about 100 miles northeast of Atlanta and 30 miles south of the North Carolina border.
What is there to do in Sautee Nacoochee, Georgia?
- Sautee Nacoochee Center: The Sautee Nacoochee Center is a cultural center that hosts a variety of events, including art exhibits, concerts, theater productions, and festivals.
- Folk Pottery Museum of Northeast Georgia: This museum showcases the history and culture of the pottery-making traditions of Northeast Georgia.
- Nacoochee Village: Nacoochee Village is a charming shopping and dining destination with unique stores and restaurants.
- Nacoochee Indian Mound: This ancient Native American mound is located in the center of the town and is believed to have been constructed around 1000 A.D.
- Sautee Nacoochee Vineyards: This vineyard offers wine tastings, tours, and beautiful views of the surrounding mountains.
- Unicoi State Park: Located just a few miles away, Unicoi State Park offers hiking trails, fishing, swimming, and camping opportunities.
- Anna Ruby Falls: A stunning waterfall that is located in Unicoi State Park and accessible via a short hiking trail.
- Chattahoochee-Oconee National Forest: This vast forest offers outdoor activities such as hiking, camping, fishing, and hunting.
- Helen, Georgia: Just a short drive away, the Alpine-themed town of Helen offers even more shopping, dining, and outdoor activities.
What kinds of people travel to Sautee Nacoochee, Georgia?
- Outdoor enthusiasts: The area around Sautee Nacoochee is known for its natural beauty and outdoor recreation opportunities, such as hiking, fishing, camping, and kayaking.
- History and culture enthusiasts: Sautee Nacoochee is home to several historic sites and cultural attractions, such as the Sautee Nacoochee Center, the Folk Pottery Museum of Northeast Georgia, and the Stovall Mill Covered Bridge.
- Art lovers: The Sautee Nacoochee Center is a hub for the arts community in the area, offering classes, workshops, and performances throughout the year.
- Foodies: The region is known for its Southern cuisine, and there are many local restaurants and cafes that offer traditional dishes, such as fried chicken, barbecue, and biscuits.
- Families: Sautee Nacoochee is a popular destination for families, as there are many kid-friendly attractions and activities in the area, such as the Alpine Helen Water Park and the North Georgia Zoo.
- Couples and romantic getaways: With its scenic beauty, cozy cabins, and romantic restaurants, Sautee Nacoochee is a popular destination for couples looking for a romantic getaway.
When are the busiest and slowest seasons for tourism in Sautee Nacoochee, Georgia?
The busiest season for tourism in Sautee Nacoochee, Georgia is typically during the summer months, particularly in July and August. This is due to the warm weather and the fact that many people take their vacations during this time. Fall is also a popular time to visit, as the leaves change colors and create a beautiful scenic view. The slowest season for tourism is generally during the winter months, particularly in January and February, when the weather can be colder and less appealing to travelers. However, some visitors still come during this time to enjoy winter sports such as skiing and snowboarding in nearby areas like Helen, Georgia.
How far is Sautee Nacoochee, Georgia from the nearest airport?
The nearest airport to Sautee Nacoochee, Georgia is the Hartsfield-Jackson Atlanta International Airport, which is approximately 100 miles away. Other airports within driving distance include the Athens-Ben Epps Airport (approximately 65 miles away), the Greenville-Spartanburg International Airport (approximately 100 miles away), and the Chattanooga Metropolitan Airport (approximately 90 miles away).
Are there any major events in Sautee Nacoochee, Georgia?
- Sautee Nacoochee Arts Festival: This event takes place annually on Memorial Day weekend and features over 100 artists displaying their work, live music, food vendors, and more.
- Oktoberfest: The Helen, GA Oktoberfest is a nearby event that attracts thousands of visitors to the area. It takes place in September and October and features German food, music, and dancing.
- Fourth of July Celebration: Sautee Nacoochee celebrates Independence Day with a parade, live music, and a fireworks display.
- Spring and Fall Festivals: The Sautee Nacoochee Center hosts seasonal festivals that showcase local artists, live music, and food.
- Mountain Laurel Festival: This festival takes place in nearby Clarkesville and celebrates the blooming of the mountain laurel with a parade, arts and crafts, and live music.
- Taste of Sautee: This event showcases local restaurants and wineries, offering tastings of their best dishes and beverages. It takes place in August and benefits local charities.
What Airbnb amenities do guests expect and pay a premium for in Sautee Nacoochee, Georgia?
- Hot tub or pool: Guests often seek out properties with a hot tub or pool for relaxation and enjoyment.
- Scenic views: Properties with scenic views of the surrounding nature and mountains are highly sought after.
- Outdoor amenities: Outdoor amenities like fire pits, BBQ grills, and outdoor seating areas are popular with guests who want to spend time outside.
- High-speed internet: Many guests require fast and reliable internet for work or entertainment purposes.
- Fully equipped kitchen: Guests often prefer properties with fully equipped kitchens so that they can prepare their meals.
- Pet-friendly: Pet-friendly properties are highly sought after by guests who want to travel with their pets.
- Air conditioning and heating: Properties with air conditioning and heating systems are important for guests who want to stay comfortable in different seasons.
- Washer and dryer: Guests often prefer properties with a washer and dryer to do laundry during their stay.
- Entertainment options: Properties with entertainment options like TV, board games, and outdoor games are popular with guests looking for things to do during their stay.
- Easy check-in and check-out: Guests appreciate properties with easy check-in and check-out processes to make their stay hassle-free.
From Listing to Airbnb
- Place an offer on this property: If you have a local real estate agent forward them this email and let them know you are interested in the property. If you want help finding the best representation, simply reply to this email and request an agent. Awning will get in touch with it’s network of agents. It’s best to be qualified for a mortgage, here is a list of lenders that work with Airbnb investors.
- Close on the property: Closing on this property should be simple. An agent will help you review the contract and confirm that everything in the inspection report makes this a good deal.
- Renovate and furnish the property: This property is easy to renovate and furnish. Then you’ll need some items, which you can find in this Airbnb Host Checklist.
- Gather necessary documents and permission: You’ll want to consult Georgia Short Term Rental Laws. In most cases, you won’t require an attorney as the paperwork process is straightforward.
- List the property on Airbnb: To list your property on Airbnb you’ll need a description, title and professional photography.
- Manage the Airbnb: If you choose to self-manage the Airbnb you should not have much trouble finding reliable cleaners in the area.
- Awning Management: If you choose to use Awning Property Management we can take care of gathering documents and list the property for you. You can learn more about Awning Property Management or reach our team by responding to this email.