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BED: 6    BATH: 5    SQ FT: 3,345    YEAR BUILT: 2021 7/5/23 Status Update: Design proposal has been completed and submitted by Showplace, The Knoll's PM. 6/23/23 Status Update: Photos and videos have been received back from the design partner. The general contractor has begun framing in the basement, and construction is currently in progress. Meanwhile, the project manager is actively working on the initial stages of design and furniture, fixtures, and equipment (FF&E). 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. Amenities * Hot tub * Three balconies with nature views * Recreation lounge * Garage parking * 20 min drive to River Arts District Asheville, NC 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. 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. Vantage Horizon 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. 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

US$1,015,400
Property Improvements & Cash Reserves
US$276,920
Closing Costs, Offering Costs & Holding Costs US$78,591 Rent-Ready Date August 2023 Monthly Rent US$16,900 First Dividend Date
Vantage Horizon Sourcing Fee (One-time)
US$50,770 Total Property Amount US$1,421,681