44 Penley Rd, Fletcher, NC - $850,000

This STR is the crown gem of our very own STR king and CEO of Savvy Realty, Tyler Coon. Initially on track to do 170K in its first year, the property booked out for 230K once Tyler utilized revenue managment! A bold statement lives on the front page of the website for our Revenue Managemnt partner, BNB Labs; "Revenue management can increase your monthly STR revenue by 30-100%." The revenue for 44 Penley increased 35% after making use of revenue management! 

Deal Metrics: 

Purchase Price : $850,000 - $50k Seller Credit

Down Payment: $85,000

Closing Date: March 7, 2023

Listing Live:  June 9, 2023

Initial Projected Revenue: $165,000/year

First Year Revenue: $230,000

Sold By:

Tyler Coon

*numbers are approximate and not exact*