Beckley, West Virginia, is known as the "Smokeless Coal Capital" and is home to Beckley Exhibition Coal Mine. Situated in southern West Virginia, Beckley offers investors a combination of low property prices, a stable demand for housing, and a steady stream of tourists. This creates a unique market for investors who are interested in both long-term appreciation and rental opportunities.
Beckley is near the New River Gorge National Park and Preserve bringing many visitors to the area. This proximity to outdoor attractions supports the short-term rental market, especially as tourism to the national park continues to grow. With seasonal festivals, arts and crafts fairs, and music events, Beckley's cultural scene creates a vibrant and engaging community atmosphere.
Raleigh General Hospital is one of the largest employers in the area, as it provides jobs in healthcare and attracts medical professionals from around the region. The Veterans Affairs Medical Center also serves the area, bringing in specialized staff and drawing patients from across the state, which boosts demand for both short-term rentals and permanent housing. West Virginia University Institute of Technology (WVU Tech) brings students, faculty, and staff to the area, boosting the rental market. The city of Beckley, WV offers investors a number of different options.