Introducing The Knoll, a 6-bedroom, 5-bathroom sanctuary nestled in the charming town of Weaverville, NC. This stunning residence is a testament to sustainable luxury, boasting beautiful eucalyptus floors that blend style with environmental consciousness. Guests will enjoy the comfort of two owner's suites. Step outside onto the expansive deck and take a dip in the hot tub where breathtaking mountain views create a backdrop for relaxation and entertainment.  The backyard offers ample space for outdoor activities and gatherings. The spacious basement is complete with a fully finished bath and private deck.

The Knoll's prime location is less than 20 minutes from Downtown Asheville and the River Arts District, and 1 hour from The Great Smoky Mountains. Asheville is known for its vibrant arts and culture scene.

The Knoll was originally listed for $1.2M and we purchased for $1,015,400 and expect to yield approximately $150,000 in annual gross revenue.

**Why Asheville**

**1. Strong Tourism Numbers**: Asheville has  experienced a surge in tourism, making it an attractive destination for vacationers. Asheville welcomed over 12 million overnight visitors, generating an economic impact of $3.3+ billion.

**2. Occupancy Rates and Rental Income:** Data from industry sources demonstrate the profitability of vacation rentals in Asheville. According to AirDNA, a leading provider of short-term rental data, Asheville's average vacation rental occupancy rate was around 60% in 2021. Furthermore, the average daily rate in Asheville was approximately $465.

**3. Positive Market Performance and Growth**: Asheville's real estate market has shown consistent growth and appreciation in recent years. Data from Zillow reveals that the median home value in Asheville increased by approximately 11.7% from 2020 to 2021. 

By considering the strong tourism numbers, high occupancy rates, and positive market performance, backed by reliable data sources, it becomes evident that Asheville, NC offers a compelling market for investing in vacation rentals in 2023.

Arrived STR 2, LLC

Asheville, North Carolina is a popular destination for tourists looking for a blend of arts and culture, outdoor recreation, and culinary experiences. Known for its vibrant arts scene, visitors can explore numerous galleries and museums, attend music festivals, and tour the historic Biltmore Estate. Asheville is also a foodie destination, offering a range of local breweries, farm-to-table restaurants, and specialty shops. In addition to the city's cultural offerings, Asheville is surrounded by the Blue Ridge Mountains, providing ample opportunities for hiking, biking, and other outdoor activities.