🔥 (20) STR Homes for Sale | 7-20-24

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Check out our new Hotlist of Vacasa-Managed STR Homes for Sale!

Hello STR Scout Members,

Here's what you can look forward to in this weeks scouting report:

• Vacasa Managed STR Homes for Sale: Exclusive weekly hotlist, Vacasa managed (turnkey) vacation homes for sale.

• STR Deals: Explore (20) new on and off-market STR Homes for Sale in (12) STR markets.

• News Nuggets: Catch up on the latest trending real estate and economy headlines.

Thank you for being valued members.

Best regards,

Andy Thoms
STR Scout

VACASA MANAGED | STR HOMES FOR SALE

💰Get an STR Income Estimate Today

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Modern Cabin in the Mountains of Marion, NC

🏡 $569,000 | Marion, NC: Charming 3BD, 2BA cabin, 1646 sqft, ideal for unwinding and taking in the mountain views.

• Proximity to Attractions: Minutes from the Blue Ridge Parkway, Linville Gorge, Grandfather Mountain, etc.!

• Ideal for unwinding and taking in the mountain views.

• Currently used as a vacation rental with a healthy rental history and future bookings to be honored.

• Average Host: $50k-$71k | Super Host: $71k-$97k revenue projections.

View Property Details 
STR Agent: Tyler Coon
Text or Call: (828) 620-2541
Website

Want to see your property here? Click here to start:

STR CLASSIFIEDS | OFF-MARKET PROPERTIES

💰 STR Loan Quote: Get an STR loan pre-approval letter, DSCR loan, cash-out refi, or rehab loan in minutes.

$715K | Hot Springs Village, AR: 6BD, 4BA, 4011 sqft, waterfront on Lake Coronado, top STR with $100K+ rents for 2024, large decks, and boat slip. View Post.

$108K | Myrtle Beach, SC: Renovated ocean view studio condo at Coral Beach Resort. Modern amenities, indoor/outdoor pools, lazy river, kids' water park, on-site bar, and more. View Post.

$545K | Rexburg, ID: Fully furnished single-family home near BYU-Idaho. Used as Airbnb, perfect for Yellowstone visitors. Includes all furniture and appliances. View Post.

$525K | Wright City, MO: Fully furnished 2BD, 2BA house in Innsbrook Lake Resort with loft, strong rental history, and gross rents of $65K in 2023. View Post.

$725K | Palm Desert, CA: Turnkey 3BD, 2.5BA in a private country club with extensive amenities. Rented 100% November-April and 50% in summer. Includes furniture. View Post.

$320K | North Little Rock, AR: Updated 4BD, 3BA with active transferable STR license. Great location and condition for immediate rental. Cash purchase only. View Post.

$399K | Worley, ID: Secondary waterfront cabin, 2BD, 2BA, active STR with $11K in summer bookings, deeded boat slip, new updates, and fully furnished. View Post.

$1.249M | Whitefish, MT: Remodeled 4BD, 2BA townhouse with lakefront access, homeowners park with dock, gazebo, and storage. STR zoning with city permit. View Post.

STR CLASSIFIEDS | LISTED PROPERTIES  

💸 STR Insurance Quote in seconds to see how much you can save! What are you waiting for?

$715K | Banner Elk, NC: 3BD, 2BA, rustic charm, near skiing at Sugar & Beech Mountain, hiking trails, and winery. Popular STR with stylish furnishings. View Post.

$1.58M | Sevierville, TN: 3 cabins (6BD, 5BA total) with luxury furnishings and projected revenue of $250K+. Great STR potential. (Listed by Agent) View Post.

$849K | Groesbeck, TX: Successful STR centrally located. Almost all weekends rented. Financials available on request. Great for vacation or investment. View Post.

$420K | Blue Ridge, GA: Updated 2BD, 1BA cabin with rustic charm. On 1.3 acres with a spacious deck, ideal for personal retreat or rental. STR allowed. View Post.

$2.050M | Inlet Beach, FL: Brand new luxury home with 4BD, 4.5BA, shiplap walls, coastal chandeliers, and private beach access. Ideal for rentals or primary residence. View Post.

$759K | Sevierville, TN: New 3BD, 3.5BA construction with modern amenities, hot tub, and scenic views. No financials yet as it’s a new build. View Post.

$400K | Westport, WA: Oceanfront 2BD, 2BA condo at Westport by the Sea. Extra windows for sunlight and sunsets. New flooring, hot water heater. Proven vacation rental. View Post.

$525K each | Nashville, TN: Two side-by-side 2BD STRs with downtown views, furnished and earning up to $75K/year. Seller motivated for a deal. View Post.

$474K | Gulfport, MS: Oceanfront with no STR regulations, recently renovated kitchen, and potential for outdoor amenities. Manage correctly for higher income potential. View Post.

$849K | Wears Valley, TN: 3BD, 3BA cabin with stunning views and a 2-car garage. Two true bedrooms plus a loft. Easy access to nearby attractions. View Post.

$539K | Austin, TX: Seller-financed 3BD, 2BA with STR potential. 15% down, 5% interest, and $76.9K/year in STR income. Strong rental history and flexible financing terms. View Post.

$799K | Nashville, TN: Luxurious 4BD, 3BA home with 2,420 sqft in The Nations/West Sylvan Park. Zoned for NOO STR, private rooftop deck, near amenities. View Post.

TRENDING NEWS NUGGETS

📉 Florida's Profit Margins Dip: Hilo, Hawaii, saw the largest drop in profit margins for Q2 2024, from 80.5% to 45.3%. Florida cities like Port St. Lucie, Crestview-Fort Walton Beach, and Naples also faced significant declines. As home prices rise, these changes signal shifting market dynamics for short-term rental investors — Newsweek

💰 Mortgage Rates to Drop to 6%? Here's When: Experts predict that mortgage rates might drop to 6% by the end of 2024 or early 2025, spurred by cooling inflation and potential Fed rate cuts. This could lower financing costs for short-term rental investors, improving profitability. However, strong employment data could delay this decline. — CBS News

💳 Everyone's Living Lavishly — Or Are They? Despite appearances, many Americans are funding their lifestyles through debt, with U.S. household debt reaching $17.69 trillion and credit card balances over $1 trillion. High living often masks financial instability, a crucial insight for short-term rental investors assessing market behaviors. — Yahoo Finance

🧠 Grant Cardone Predicts Massive Real Estate Correction: Prolific investor Grant Cardone warns of an unprecedented real estate downturn within 12 months, primarily affecting large developments. He sees this as a tremendous opportunity for everyday investors to acquire multi-unit properties, potentially reshaping generational wealth. — Yahoo Finance

🌍 Portugal's Real Estate Market Still Hot for U.S. and Brazilian Investors: Despite a drop in transactions and legislative changes, Portugal remains a prime target for investors from the U.S. and Brazil. Experts predict significant growth in luxury residential, retail, and hospitality sectors, driven by competitive prices and stability. More scouting to come! — Portugal News

🌊 Austin Housing Market Surge: The Austin metro area sees the highest home listing inventory since 2011, causing a 6.3% drop in median prices. With a 25.9% year-over-year increase in active listings, sellers need to adapt and negotiate, while buyers face high mortgage rates. This market shift presents unique opportunities for strategic short-term rental investments. — KXAN