06/15/2026
๐๏ธ ๐๐ฎ๐ป๐ป๐ฒ๐ฟ ๐๐น๐ธ ๐๐ ๐๐ฒ๐ฒ๐ฐ๐ต ๐ ๐ผ๐๐ป๐๐ฎ๐ถ๐ป ๐ฆ๐ง๐ฅ ๐ฎ๐ฌ๐ฎ๐ฒ โ ๐๐๐ผ ๐๐๐ฒ๐ฟ๐ ๐๐ผ๐๐ป๐๐ ๐๐ธ๐ถ ๐๐ผ๐๐ป๐, ๐๐๐ผ ๐๐ฒ๐ฟ๐ ๐ฑ๐ถ๐ณ๐ณ๐ฒ๐ฟ๐ฒ๐ป๐ ๐ถ๐ป๐๐ฒ๐๐๐ผ๐ฟ ๐ฝ๐ฎ๐๐ต๐.
Both run on ๐ฒ% ๐ผ๐ฐ๐ฐ๐๐ฝ๐ฎ๐ป๐ฐ๐ ๐๐ฎ๐
+ 7% state/local sales tax = ~๐ญ๐ฏ% ๐๐ผ๐๐ฎ๐น ๐ด๐๐ฒ๐๐ ๐๐ฎ๐
. Beyond that, the math diverges sharply.
๐ ๐ฅ๐๐ฉ๐๐ก๐จ๐ ๐๐๐๐-๐ง๐ข-๐๐๐๐:
๐๏ธ Active listings: BE ๐ญ,๐ฒ๐ญ๐ฑ | Beech ~๐ด๐ฌ๐ฌ
๐ฐ Median ADR: BE $262-$302 | Beech $๐ฎ๐ต๐ด
๐
Occupancy: BE 39-48% | Beech ๐ฑ๐ฎ%
๐ต 3BR gross: BE $40K-$54,750 | Beech $๐ฑ๐ฑ๐-$๐ฒ๐ด๐
๐ Top-decile: BE $65K-$100K+ | Beech $๐ด๐ฑ๐+
๐ RevPAR: BE ~$130 | Beech ~$๐ญ๐ฑ๐ฑ
โญ Beech Mtn = ๐๐ถ๐ป๐ด๐น๐ฒ-๐ฒ๐ป๐ด๐ถ๐ป๐ฒ (Beech Mtn Resort)
โญ Banner Elk = ๐๐ต๐ฟ๐ฒ๐ฒ-๐ฒ๐ป๐ด๐ถ๐ป๐ฒ (Sugar Mtn, Lees-McRae, downtown wineries)
๐ ๐ฃ๐๐ฅ๐ ๐๐ง๐ฆ:
๐๏ธ Banner Elk: NO town STR permit โ but ๐๐ข๐ ๐ฎ๐ฝ๐ฝ๐ฟ๐ผ๐๐ฎ๐น ๐๐๐ฝ๐ถ๐ฐ๐ฎ๐น (some impose 2-7 night minimums + amenity fees). READ THE HOA DOCS.
๐๏ธ Beech Mountain: ๐๐ป๐ป๐๐ฎ๐น ๐๐ณ๐ณ๐ถ๐ฑ๐ฎ๐๐ถ๐ ๐ผ๐ณ ๐๐ผ๐บ๐ฝ๐น๐ถ๐ฎ๐ป๐ฐ๐ฒ + monthly occupancy tax filing. NO neighbor notification. NO minimum-stay rule at town level.
๐ ๐๐๐ฃ ๐ฅ๐๐ง๐ ๐ฆ๐๐๐ก๐๐ฅ๐๐ข๐ฆ (3BR, 50% expense load):
๐ก ๐๐ฎ๐ป๐ป๐ฒ๐ฟ ๐๐น๐ธ ๐บ๐ถ๐ฑ-๐๐ถ๐ฒ๐ฟ: $450K buy โ $48K gross โ $24K NOI โ ๐ฑ.๐ฏ% ๐ฐ๐ฎ๐ฝ | CoC 4-6%
๐ข ๐๐ฒ๐ฒ๐ฐ๐ต ๐บ๐ถ๐ฑ-๐๐ถ๐ฒ๐ฟ: $425K buy โ $58K gross โ $29K NOI โ ๐ฒ.๐ด% ๐ฐ๐ฎ๐ฝ | CoC 7-9%
๐ ๐๐ฒ๐ฒ๐ฐ๐ต ๐ฝ๐ฟ๐ฒ๐บ๐ถ๐๐บ ๐๐ธ๐ถ-๐ฝ๐ฟ๐ผ๐
: $575K โ $78K gross โ $39K NOI โ ๐ฒ.๐ด% ๐ฐ๐ฎ๐ฝ | CoC 7-10%
โญ ๐๐ฒ๐ฒ๐ฐ๐ต ๐๐ถ๐ป๐ ๐ฝ๐ฒ๐ฟ-๐ฝ๐ฟ๐ผ๐ฝ๐ฒ๐ฟ๐๐ ๐ฐ๐ฎ๐ฝ ๐ฏ๐ ~๐ญ.๐ฑ ๐ฝ๐ฒ๐ฟ๐ฐ๐ฒ๐ป๐๐ฎ๐ด๐ฒ ๐ฝ๐ผ๐ถ๐ป๐๐ ๐ถ๐ป ๐ฎ๐ฌ๐ฎ๐ฒ. Gap closes if BE is downtown core (winery proximity drives summer ADR to $380) or has direct Sugar Mtn ski access.
๐ฆ ๐๐๐ก๐๐ก๐๐๐ก๐:
๐ธ ๐๐ฆ๐๐ฅ ๐ถ๐ป๐๐ฒ๐๐๐บ๐ฒ๐ป๐: 20-25% down, 7.0-8.5%, qualifies on PROJECTED RENTS
๐ธ ๐ฎ๐ป๐ฑ ๐ต๐ผ๐บ๐ฒ ๐ฐ๐ผ๐ป๐๐ฒ๐ป๐๐ถ๐ผ๐ป๐ฎ๐น: 10-15% down, 6.5-7.5% (14+ personal days/yr)
๐ธ Conventional investment: 15-25% down, 7.25-8.0%
๐ธ Bank statement: 20-30% down, 7.5-9.0% (self-employed)
๐ฃ๏ธ ๐๐ป๐ด๐ถ๐ฒ ๐ช๐ถ๐น๐บ๐ผ๐๐ต, ๐๐น๐ผ๐ฟ๐ ๐ ๐ผ๐ฟ๐๐ด๐ฎ๐ด๐ฒ ๐ฆ๐ฒ๐ป๐ถ๐ผ๐ฟ ๐๐ข (๐๐๐ป๐ฒ ๐ฎ๐ฌ๐ฎ๐ฒ): "๐๐ฆ๐๐ฅ ๐น๐ผ๐ฎ๐ป๐ ๐ฝ๐ฟ๐ฒ-๐พ๐๐ฎ๐น๐ถ๐ณ๐ ๐ฏ๐ฎ๐๐ฒ๐ฑ ๐ผ๐ป ๐๐ต๐ฒ ๐ฝ๐ฟ๐ผ๐ฝ๐ฒ๐ฟ๐๐'๐ ๐ฝ๐ฟ๐ผ๐ท๐ฒ๐ฐ๐๐ฒ๐ฑ ๐ฟ๐ฒ๐ป๐๐ ๐ฟ๐ฎ๐๐ต๐ฒ๐ฟ ๐๐ต๐ฎ๐ป ๐ฝ๐ฒ๐ฟ๐๐ผ๐ป๐ฎ๐น ๐ถ๐ป๐ฐ๐ผ๐บ๐ฒ."
๐ฏ ๐ช๐๐๐๐ ๐๐๐ง๐ฆ ๐ฌ๐ข๐จ?
๐๏ธ HIGHEST REVENUE PER LISTING โ ๐๐ฒ๐ฒ๐ฐ๐ต ๐ ๐ผ๐๐ป๐๐ฎ๐ถ๐ป
๐ฐ LOWER ENTRY ($375K and under) โ ๐๐ฎ๐ป๐ป๐ฒ๐ฟ ๐๐น๐ธ
๐ SIMPLER PERMITTING โ Beech (Affidavit only)
๐ท YEAR-ROUND DEMAND โ Banner Elk downtown
โท๏ธ SKI-PROXIMITY PREMIUM โ ๐๐ฒ๐ฒ๐ฐ๐ต (slope-side)
๐ MOST INVENTORY TO CHOOSE FROM โ ๐๐ฎ๐ป๐ป๐ฒ๐ฟ ๐๐น๐ธ (1,615 vs 800)
๐๏ธ DIVERSE DEMAND ENGINES โ Banner Elk
๐ HIGHER REVPAR โ Beech ($155 vs $130)
๐ก Avery County 2026 property tax: ๐ฌ.๐ฐ๐ด๐ฒ%. $450K property = ~$๐ฎ,๐ญ๐ด๐ณ/๐๐ฟ.
๐ Full Banner Elk vs Beech Mountain:
https://www.homesintriadnc.com/blog/banner-elk-vs-beech-mountain-str-comparison-2026-nc-investor-revenue-rules-permit-occupancy
๐ Call/Text 336-262-3111 โ I'll run property-specific revenue + cap + cash-on-cash BEFORE you tour
Teresa Overcash | Broker/Owner | NCREC Instructor | CLHMS | 30 Years | 10,000+ NC Closings
Realty ONE Group Results
๐๏ธ ๐๐ฎ๐ป๐ป๐ฒ๐ฟ ๐๐น๐ธ ๐๐ ๐๐ฒ๐ฒ๐ฐ๐ต ๐ ๐ผ๐๐ป๐๐ฎ๐ถ๐ป ๐ฆ๐ง๐ฅ ๐ฎ๐ฌ๐ฎ๐ฒ โ ๐๐๐ผ ๐๐๐ฒ๐ฟ๐ ๐๐ผ๐๐ป๐๐ ๐๐ธ๐ถ ๐๐ผ๐๐ป๐, ๐๐๐ผ ๐๐ฒ๐ฟ๐ ๐ฑ๐ถ๐ณ๐ณ๐ฒ๐ฟ๐ฒ๐ป๐ ๐ถ๐ป๐๐ฒ๐๐๐ผ๐ฟ ๐ฝ๐ฎ๐๐ต๐.
Both run on ๐ฒ% ๐ผ๐ฐ๐ฐ๐๐ฝ๐ฎ๐ป๐ฐ๐ ๐๐ฎ๐
+ 7% state/local sales tax = ~๐ญ๐ฏ% ๐๐ผ๐๐ฎ๐น ๐ด๐๐ฒ๐๐ ๐๐ฎ๐
. Beyond that, the math diverges sharply.
๐ ๐ฅ๐๐ฉ๐๐ก๐จ๐ ๐๐๐๐-๐ง๐ข-๐๐๐๐:
๐๏ธ Active listings: BE ๐ญ,๐ฒ๐ญ๐ฑ | Beech ~๐ด๐ฌ๐ฌ
๐ฐ Median ADR: BE $262-$302 | Beech $๐ฎ๐ต๐ด
๐
Occupancy: BE 39-48% | Beech ๐ฑ๐ฎ%
๐ต 3BR gross: BE $40K-$54,750 | Beech $๐ฑ๐ฑ๐-$๐ฒ๐ด๐
๐ Top-decile: BE $65K-$100K+ | Beech $๐ด๐ฑ๐+
๐ RevPAR: BE ~$130 | Beech ~$๐ญ๐ฑ๐ฑ
โญ Beech Mtn = ๐๐ถ๐ป๐ด๐น๐ฒ-๐ฒ๐ป๐ด๐ถ๐ป๐ฒ (Beech Mtn Resort)
โญ Banner Elk = ๐๐ต๐ฟ๐ฒ๐ฒ-๐ฒ๐ป๐ด๐ถ๐ป๐ฒ (Sugar Mtn, Lees-McRae, downtown wineries)
๐ ๐ฃ๐๐ฅ๐ ๐๐ง๐ฆ:
๐๏ธ Banner Elk: NO town STR permit โ but ๐๐ข๐ ๐ฎ๐ฝ๐ฝ๐ฟ๐ผ๐๐ฎ๐น ๐๐๐ฝ๐ถ๐ฐ๐ฎ๐น (some impose 2-7 night minimums + amenity fees). READ THE HOA DOCS.
๐๏ธ Beech Mountain: ๐๐ป๐ป๐๐ฎ๐น ๐๐ณ๐ณ๐ถ๐ฑ๐ฎ๐๐ถ๐ ๐ผ๐ณ ๐๐ผ๐บ๐ฝ๐น๐ถ๐ฎ๐ป๐ฐ๐ฒ + monthly occupancy tax filing. NO neighbor notification. NO minimum-stay rule at town level.
๐ ๐๐๐ฃ ๐ฅ๐๐ง๐ ๐ฆ๐๐๐ก๐๐ฅ๐๐ข๐ฆ (3BR, 50% expense load):
๐ก ๐๐ฎ๐ป๐ป๐ฒ๐ฟ ๐๐น๐ธ ๐บ๐ถ๐ฑ-๐๐ถ๐ฒ๐ฟ: $450K buy โ $48K gross โ $24K NOI โ ๐ฑ.๐ฏ% ๐ฐ๐ฎ๐ฝ | CoC 4-6%
๐ข ๐๐ฒ๐ฒ๐ฐ๐ต ๐บ๐ถ๐ฑ-๐๐ถ๐ฒ๐ฟ: $425K buy โ $58K gross โ $29K NOI โ ๐ฒ.๐ด% ๐ฐ๐ฎ๐ฝ | CoC 7-9%
๐ ๐๐ฒ๐ฒ๐ฐ๐ต ๐ฝ๐ฟ๐ฒ๐บ๐ถ๐๐บ ๐๐ธ๐ถ-๐ฝ๐ฟ๐ผ๐
: $575K โ $78K gross โ $39K NOI โ ๐ฒ.๐ด% ๐ฐ๐ฎ๐ฝ | CoC 7-10%
โญ ๐๐ฒ๐ฒ๐ฐ๐ต ๐๐ถ๐ป๐ ๐ฝ๐ฒ๐ฟ-๐ฝ๐ฟ๐ผ๐ฝ๐ฒ๐ฟ๐๐ ๐ฐ๐ฎ๐ฝ ๐ฏ๐ ~๐ญ.๐ฑ ๐ฝ๐ฒ๐ฟ๐ฐ๐ฒ๐ป๐๐ฎ๐ด๐ฒ ๐ฝ๐ผ๐ถ๐ป๐๐ ๐ถ๐ป ๐ฎ๐ฌ๐ฎ๐ฒ. Gap closes if BE is downtown core (winery proximity drives summer ADR to $380) or has direct Sugar Mtn ski access.
๐ฆ ๐๐๐ก๐๐ก๐๐๐ก๐:
๐ธ ๐๐ฆ๐๐ฅ ๐ถ๐ป๐๐ฒ๐๐๐บ๐ฒ๐ป๐: 20-25% down, 7.0-8.5%, qualifies on PROJECTED RENTS
๐ธ ๐ฎ๐ป๐ฑ ๐ต๐ผ๐บ๐ฒ ๐ฐ๐ผ๐ป๐๐ฒ๐ป๐๐ถ๐ผ๐ป๐ฎ๐น: 10-15% down, 6.5-7.5% (14+ personal days/yr)
๐ธ Conventional investment: 15-25% down, 7.25-8.0%
๐ธ Bank statement: 20-30% down, 7.5-9.0% (self-employed)
๐ฃ๏ธ ๐๐ป๐ด๐ถ๐ฒ ๐ช๐ถ๐น๐บ๐ผ๐๐ต, ๐๐น๐ผ๐ฟ๐ ๐ ๐ผ๐ฟ๐๐ด๐ฎ๐ด๐ฒ ๐ฆ๐ฒ๐ป๐ถ๐ผ๐ฟ ๐๐ข (๐๐๐ป๐ฒ ๐ฎ๐ฌ๐ฎ๐ฒ): "๐๐ฆ๐๐ฅ ๐น๐ผ๐ฎ๐ป๐ ๐ฝ๐ฟ๐ฒ-๐พ๐๐ฎ๐น๐ถ๐ณ๐ ๐ฏ๐ฎ๐๐ฒ๐ฑ ๐ผ๐ป ๐๐ต๐ฒ ๐ฝ๐ฟ๐ผ๐ฝ๐ฒ๐ฟ๐๐'๐ ๐ฝ๐ฟ๐ผ๐ท๐ฒ๐ฐ๐๐ฒ๐ฑ ๐ฟ๐ฒ๐ป๐๐ ๐ฟ๐ฎ๐๐ต๐ฒ๐ฟ ๐๐ต๐ฎ๐ป ๐ฝ๐ฒ๐ฟ๐๐ผ๐ป๐ฎ๐น ๐ถ๐ป๐ฐ๐ผ๐บ๐ฒ."
๐ฏ ๐ช๐๐๐๐ ๐๐๐ง๐ฆ ๐ฌ๐ข๐จ?
๐๏ธ HIGHEST REVENUE PER LISTING โ ๐๐ฒ๐ฒ๐ฐ๐ต ๐ ๐ผ๐๐ป๐๐ฎ๐ถ๐ป
๐ฐ LOWER ENTRY ($375K and under) โ ๐๐ฎ๐ป๐ป๐ฒ๐ฟ ๐๐น๐ธ
๐ SIMPLER PERMITTING โ Beech (Affidavit only)
๐ท YEAR-ROUND DEMAND โ Banner Elk downtown
โท๏ธ SKI-PROXIMITY PREMIUM โ ๐๐ฒ๐ฒ๐ฐ๐ต (slope-side)
๐ MOST INVENTORY TO CHOOSE FROM โ ๐๐ฎ๐ป๐ป๐ฒ๐ฟ ๐๐น๐ธ (1,615 vs 800)
๐๏ธ DIVERSE DEMAND ENGINES โ Banner Elk
๐ HIGHER REVPAR โ Beech ($155 vs $130)
๐ก Avery County 2026 property tax: ๐ฌ.๐ฐ๐ด๐ฒ%. $450K property = ~$๐ฎ,๐ญ๐ด๐ณ/๐๐ฟ.
๐ Full Banner Elk vs Beech Mountain:
https://www.homesintriadnc.com/blog/banner-elk-vs-beech-mountain-str-comparison-2026-nc-investor-revenue-rules-permit-occupancy
๐ Call/Text 336-262-3111 โ I'll run property-specific revenue + cap + cash-on-cash BEFORE you tour
Teresa Overcash | Broker/Owner | NCREC Instructor | CLHMS | 30 Years | 10,000+ NC Closings
Realty ONE Group Results
https://www.youtube.com/watch?v=87DVyb2Amuw