The Orchard

bed: 3    bath: 3    sq ft: 2,912    year built: 2013

  • Investors

    1386

  • Purchase Price

    $550,000

The Orchard is an immaculate Craftsman-style fully furnished vacation rental home just minutes from downtown Blue Ridge. All paved roads lead to this beautiful mountain escape with year-round views. The property features three bedrooms and three bathrooms with a primary suite that boasts an ensuite bathroom with double vanity, custom cabinets, a garden tub, and a walk-in shower. It has a spacious kitchen with granite countertops and custom cabinets, a large living area with a gas fireplace, and much more. The home includes a whole house generator, a full house Aprilaire humidifier, and a hot tub, and each floor has its own HVAC zone. Enjoy the mountain sunset from either one of the two-level decks. The property is conveniently located near Merciers orchards, restaurants, and shopping in downtown Blue Ridge. For design and furnishing on this property we have partnered with Techvestor, a team comprised of highly rated superhosts & experts in rehab, design and furnishing to maximize revenue and ensure a top-of-the-line experience for guests as soon as they enter the home.

Amenities

  • Hot tub

  • Wood deck with views

  • Large spacious build

  • Paved access

  • 5 min drive to town

Address: 109 Jonagold Lane, Blue Ridge, GA 30513

Property Management Partner

Preparing a home for the short term rental market is a multi-tiered process that begins as soon as the property is acquired. Our experienced investment team works closely with the local property managers to get it show-ready, determine optimal market rent, take high-quality photos and videos, market the rental through various online and offline channels, screen and thoroughly vet tenant applications, and finalize the lease terms. Below you can find more information regarding this offering's property management partner and the expected rent-ready date.

Southern Comfort

Southern Comfort has over 10 years of experience managing cabins in the Blue Ridge region. With over 180 properties, they have a full in-house dedicated team covering everything from maintenance to turnovers and everything in between. With over 70% of their reservations handled through direct bookings, it’s clear the experience they provide is one-of-a-kind.

  • Rent-Ready Date

    December 2022

  • Property Leverage & Volatility

    The potential financial returns you can earn are often linked to the potential risk and volatility. Adding leverage or debt to properties can amplify the potential return in exchange for higher potential volatility.

    Property Leverage

    0%

    Lower

    Higher

    Property Equity Volatility
    Relative to other properties on the Arrived platform, this property may carry lower potential for equity returns, but also carries lower potential for volatility given the amount of leverage used on the property.
    The Market

    Real estate values and returns are highly dependent on location. In general, properties in more affordable markets will have higher cash flow (potential dividends), and properties in more expensive markets will have higher appreciation. Arrived strives to give investors options to choose how much they invest in appreciation markets, cash flow markets, or balanced markets.

    The economy of the local city and market will dictate the potential returns of an investment. In general, some markets see high appreciation of home values, some have higher cash flow (dividends), and some have a mix of the two.

    Blue Ridge, GA

    Blue Ridge is home to 106,000 acres of Chattahoochee National Forest, 300 miles of hiking trails, and 100 miles of trout streams, a true reminder of the beautiful nature that can be accessed easily, a short hour and a half drive from downtown Atlanta. Wake up to misty mornings, grab a nice cup of Joe, and sit on the balcony watching the sun rise. If this sounds like your cup of tea (or coffee), Blue Ridge is your destination.

    Market Grade

    Offering Details

    The Offering Details provide a breakdown of the financials for a specific property offering. The Offering Details show the operating plan for the property, including how the Raise Amount proceeds will be used. For transparency, we also like to share a breakdown of the Arrived fees. And if you're interested in more information, we also link to other resource documents that go into more depth around each offering.

    • Property Purchase Price

      $550,000

    • Property Improvements & Cash Reserves

      $209,000

    • Closing Costs, Offering Costs & Holding Costs

      $46,273

    • Arrived Sourcing Fee (One-time)

      $27,500

    Total Property Amount

    $832,773

    Property Loan Amount

    $0

    Financing: 0%

    Interest Rate: 0%


    Equity Raised from Investors

    $832,780

    • IPO Price Per Share

      $10

    • Total Shares

      83,278

    Hold Period

    5-15 years

    Arrived AUM Fee (Quarterly)

    • Purchase Price: 0.125% of the property purchase price (quarterly)

    • Gross Rents Fee: 5% of Gross Rents

    Property Management Fees (Southern Comfort)

    • Gross Rents Fee: 25%

    • Furniture, Fixtures and Equipment: Included in the use of proceeds listed above when our property manager partners assist in the furnishing and property update process.

    Don't know which property to choose?

    No need to worry, all Arrived rental properties go through our rigorous selection process and have been pre-vetted for their investment potential by our acquisitions team (more info). Rather than focusing on selecting individual properties to invest in, many Arrived investors simply distribute their investment across several available properties to achieve portfolio diversification.

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    $832,780

    invested