For Sale
$3,975,000

4200 St Claude Ave New Orleans, LA 70117

Luxury Hotel, 23 Rooms, New Construction

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 12,381 square foot, two-story hotel in New Orleans' vibrant Bywater neighborhood presents a unique investment opportunity. Built in 2023, this fully permitted (HMC-2 zoning) property boasts 23 furnished bedrooms with 14.5 bathrooms, each equipped with a washer/dryer. Six secure parking spaces, including one EV charging station, and an elevator cater to guest convenience. The property features a state-of-the-art Brivo/Yale automated lock system, automated HVAC and camera systems, and is pre-wired for Wi-Fi. Its prime location and modern amenities are poised for high revenue per available room (REVPAR). The enclosed parking further enhances its appeal and profitability. The new construction status, coupled with the challenges of obtaining similar permits in this location, ensures limited competition and strong potential for return on investment. This turnkey operation represents a rare opportunity to acquire a high-performing, permitted short-term rental asset in a highly sought-after area. The property's design and features are comparable to one of the highest-grossing short-term rentals in the city. This is a truly exceptional investment opportunity with no comparable inventory available.

Highlights

  • $3,975,000 asking price for this New Orleans hospitality property.
  • 12,381 square feet, 23 bedrooms, and 9 keys.
  • New construction (2023), two-story building with elevator.
  • Located at 4200 St. Claude Ave, New Orleans, LA 70117.
  • Features include 6 secure parking spaces with EV charger, in-unit washer/dryer, automated locks, HVAC, and camera systems, and pre-wired Wi-Fi.
  • HMC-2 permitted zoning.

Property Details for 4200 St Claude Ave

Property type
Hospitality properties, Hotels
Square Feet
12,381 SF
Year Built
2023
Buildings
1
Stories
2

Location Insight

City
New Orleans
County
Orleans
State
Louisiana
Latitude
29.9649703
Longitude
-90.0334917

FAQs

What type of property is this?
Hospitality property - Luxury Hotel, 23 Rooms, New Construction
Where is the hospitality property located?
The property is located at 4200 St Claude Ave New Orleans, LA.
What is the asking price?
The asking price for this property is $3,975,000.
What are key features of this property?
This property features: $3,975,000 asking price for this New Orleans hospitality property.; 12,381 square feet, 23 bedrooms, and 9 keys.; New construction (2023), two-story building with elevator.
How can I contact the broker?
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4200 St Claude Ave
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