The Sugarcreek

Vacation Rental

bed: 3    bath: 3    sq ft: 2,069    year built: 1952

  • Investors

    792

  • Purchase Price

    $420,000

  • Property Leverage

    50%

  • 555 Sugar Creek Road, Blue Ridge, GA 30513 is a short-term rental in Blue Ridge, GA. The Sugarcreek is a beautiful home with a classic, southern-style front porch and spacious deck surrounded by and overlooking a large equestrian farm. The Sugarcreek house features soaring wood ceilings, exposed wooden beams, granite countertops in the kitchen, brick wood-burning fireplace, and a whimsical ladder to a fun loft area. The beautiful three-bedroom, three-bathroom home features a detached studio in-law suite includes fully functional kitchen, bath, living, and sleeping space.

    Amenities

    • Fire pit and backyard living space

    • Wood deck with grill

    • Modern cabin theme

    • Game room

    • Plenty driveway parking

    • Paved access

    • 7 min drive to downtown Blue Ridge

    Address: 555 Sugar Creek Road, 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

    January 2023

  • 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

    50%

    Lower

    Higher

    Property Equity Volatility
    Relative to comparable properties on the Arrived platform, this property may carry average potential for equity returns, but also carries average 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

      $420,000

    • Property Improvements & Cash Reserves

      $106,400

    • Closing Costs, Offering Costs & Holding Costs

      $33,899

    • Arrived Sourcing Fee (One-time)

      $21,000

    Total Property Amount

    $581,299

    Property Loan Amount

    $210,000

    Financing: 50%

    Interest Rate: 5.95%


    Equity Raised from Investors

    $371,300

    • IPO Price Per Share

      $10

    • Total Shares

      37,130

    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 Revenue

    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.

    Common Questions

    Arrived acquires rental properties into an LLC and sells shares in that LLC to the general public. Arrived then manages the day to day operations including finding tenants and completing repairs.Investors receive cash dividends from rental income each quarter and capture any property value appreciation.

    Investing in Arrived rental homes can deliver returns to investors in two different ways: 1) property value growth & 2) rental income. While we cannot predict future returns, below are historic returns that can be helpful.

    1) Property value growth: Any property value appreciation can result in increased investment value for the investor. Over the last 20 years, single family homes in the USA have appreciated an average of 4.0% per year. That means that for a property with a 65% mortgage loan, the home equity value increased an average of 4.9% per year. For a home without a mortgage loan, the home equity value increase would average 2.3% per year. These returns include transaction & disposition fees and assumes the investment is held for 10 years.

    2) Rental income: Historically, Arrived properties have paid cash dividends from rental income that translate to 2.4% - 7.9% annual returns on investment. The rental income you receive will be proportional to your ownership in the property.

    In summary adding both the property value growth & the rental income, we see that investing in rental homes has historically resulted in returns on investment between 4.7% - 12.8% per year. It is important to note that past performance may not be indicative of future results.

    Learn More

    Preparing a newly-funded vacation rental for bookings can take an average of 1-3 months depending on a number of factors for each property. We work with experienced design & furnishing partners that have a strong track record of standing up and operating top performing vacation rentals quickly and efficiently. Together with these partners we develop a property theme, set a budget and timeline, and work with local contractors, furniture suppliers, and our property managers to ready not only the property but also all the additional services (cleaning, customer support, pricing optimization…etc).

    Learn More

    With real estate, it can be beneficial to invest in multiple properties and markets to achieve portfolio diversification. Diversifying your portfolio can be a good way to reduce exposure to risk from an individual property, tenant, or market forces.

    Arrived strives to give investors the opportunity to build wealth. This is best done by holding onto Arrived shares over multiple years, as real estate returns are maximized when treated as a long-term investment. While we encourage investors to hold onto their Arrived shares, we allow investors the freedom to redeem their shares and liquidate their investments on a quarterly basis. This redemption request can be made after an initial 6-month hold period. Disclaimer: During this time, Arrived cannot guarantee any redemption will be possible, although we intend to launch a full redemption program soon. Arrived has filed the planned redemption program with the U.S, Securities & Exchange Commission (SEC) and it is currently under review for Qualification. Arrived will not be able to support redemption requests until the program is reviewed and qualified. This review is still pending and we will updated this FAQ as soon as it is complete. There may be fees associated with share redemption. For risk factors and disclaimer information, you can review our communications disclaimer.

    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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    Other Questions?
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    $371,300

    invested