Recently Sold STRs by SAVVY!
116 Hummingbird Lane, Waynesville, NC - $636,000
Deal Metrics: Purchase Price : $636,000 Closing Date: June 2023 Listing Live: December 2023 $115k per year Sold By: Tyler Coon *numbers are approximate and not exact*
1085 Sheepback Mountain Rd, Maggie Valley, NC - $485,000
Deal Metrics: Purchase Price : $485,000 Closing Date: December 2022 Listing Live: December 2022 $75k per year Sold By: Tyler Coon *numbers are approximate and not exact*
383 Hews Circle, Blowing Rock, NC - $1,150,000
Deal Metrics: Purchase Price : $1,150,000 Closing Date: June 2022 Listing Live: June 2022 $282k per year Sold By: Tyler Coon *numbers are approximate and not exact*
207 Pine Hill Dr, Swannanoa, NC - $960,000
Deal Metrics: Purchase Price : $960,000 Closing Date: July 2024 Listing Live: September 2024 $15k in bookings in the first 2 days live Sold By: Tyler Coon *numbers are approximate and not exact*
402 Day Lily Dr, Leicester, NC - $600,000
Deal Metrics: Purchase Price : $600,000 Closing Date: December2023 Listing Live: March 2024 $130k/year Sold By: Tyler Coon *numbers are approximate and not exact*
51 Hy Vu Dr, Waynesville, NC - $515,000
Deal Metrics: Purchase Price : $515,000 Closing Date: May 2023 Listing Live: October 2023 $100k+/year Sold By: Tyler Coon *numbers are approximate and not exact*
21 Surveyors Point, Waynesville, NC - $517,000
Deal Metrics: Purchase Price : $517,000 Closing Date: September 2022 Listing Live: December 2022 $100k/year Sold By: Tyler Coon *numbers are approximate and not exact*
15 Viewpointe Lane, Asheville, NC - $460,000
Deal Metrics: Purchase Price : $460,000 Closing Date: November 2023 Listing Live: February 2024 On Track: $120k/year Sold By: Tyler Coon *numbers are approximate and not exact*
133 Last Resort, Black Mountain, NC - $625,000
After 1 month on the market they have $135k on the books. They bought the house for $625k, and invested $450k in it including house updates, finishing 2000sf, adding 2 beds, 1 bath, kitchen, and turning garage into useable square footage. The house just reappraised for $1.375m and they were able to cash out refi at 75% LTV. So they just got back $406k. Now, they have around $50k into that property and on track to do $300k per year. With the mortgage and expenses they'll net around $150k per year conservatively, and they only have $50k into the property, which means they'll be getting a 150% CoC return every year. Deal Metrics: Purchase Price : $625,000 Closing Date: June 2023 Listing Live: April 2024 Setup/Design Budget: $450,000 On Track: $300k/year Sold By: Tyler Coon Designed By: *numbers are approximate and not exact*
840 Jenkins Valley Rd, Alexander, NC - $707,000
Our client acquired this property for 707K in August of 2023. The property was launched for bookings at the end of September and in December did 26K in revenue (over 1K for every day of Christmas! A Merry Christmas indeed!) Deal Metrics: Purchase Price : $707,000 Down Payment: $70,700 Closing Date: August 15, 2023 Listing Live: September 25, 2023 Initial Projected Revenue: $130,000 Setup/Design Budget: $260,000 Expected Monthly CoC Return: 26% Occupancy: 66% Sold By: Tyler Coon *numbers are approximate and not exact*
225 Long Range Lane, Leicester, NC - $515,000
Deal Metrics: Purchase Price : $515,000 Closing Date: June 21, 2023 Listing Live: September 2023 Initial Projected Revenue: $77,000 Setup/Design Budget: $100,000 Occupancy: 67% On Track: $118k/year Sold By: Tyler Coon Designed By: *numbers are approximate and not exact*
169 Amble Lane, Fletcher, NC - $730,000
Deal Metrics: Purchase Price : $730,000 Closing Date: September 26, 2023 Listing Live: December 26, 2023 Initial Projected Revenue: $230,000 Setup/Design Budget: $260,000 Occupancy: 60% On Track: $140k in first 6 months Sold By: Tyler Coon Designed By: *numbers are approximate and not exact*
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*
347 Vixen Lane, Blowing Rock, NC - $979,000
Deal Metrics: Purchase Price : $979,000 Down Payment: $97,900 Closing Date: March 7, 2023 Listing Live: July 3, 2023 Initial Projected Revenue: $147,000 Setup/Design Budget: $150,000 Occupancy: 90% On Track: $200k/year Sold By: Tyler Coon Designed By: *numbers are approximate and not exact*
6442 Hickory Nut Gap Rd, Banner Elk, NC - $465,000
Deal Metrics: Purchase Price : $465,000 Down Payment: $139,000 Closing Date: March 27, 2023 Listing Live: July 1, 2023 Initial Projected Revenue: $80,000 Occupancy: 90% On Track: $115k per year Designed By: *numbers are approximate and not exact*
575 Grandfather Farms Rd, Banner Elk, NC - $1,000,000
Deal Metrics: Purchase Price : $1,000,000 Down Payment: $200,000 Closing Date: June 2, 2022 Occupancy: 52% Revenue: $153,400/year Sold By: Tyler Coon Designed By: *numbers are approximate and not exact*
20 Uncle Dr, Asheville, NC - $825,000
Deal Metrics: Purchase Price : $825,000 Down Payment: $82,500 Closing Date: January 8, 2022 Listing Live: May 2023 Initial Projected Revenue: $132,000 Setup/Design Budget: $250,000 Occupancy: 51% On Track: $290k/year Sold By: Tyler Coon Designed By: *numbers are approximate and not exact*
10 Shackleford Dr, Asheville, NC - $775,000
Deal Metrics: Purchase Price : $775,000 Down Payment: $116,250 Closing Date: November 18, 2022 Listing Live: March 1, 2023 Initial Projected Revenue: $116,000 Setup/Design Budget: $150,000 All-in Cash: $230,000 Occupancy: 58% YTD Revenue: $152,000 Sold By: Tyler Coon Designed By: *numbers are approximate and not exact*
42 Little Oak Rd, Leicester, NC 28748 - $1,000,000
Deal Metrics: Purchase Price : $1,000,000 Down Payment: $250,000 Closing Date: May 8, 2023 Listing Live: July 2023 Initial Projected Revenue: $165,000/year Setup/Design Budget: $75,000 All-in Cash: $325,000 Occupancy: 65% Actual Revenue: $170,000/year Sold By: Tyler Coon Designed By: *numbers are approximate and not exact*