4200 St Claude AveNew Orleans, LA 70117

Property Details for 4200 St Claude Ave

Year built

2023

Property size (Sq ft)

12,381 SF

Property type

Hospitality properties

Property subtype

Other hospitality properties

Description

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.

Location Insight

City

New Orleans

County

Orleans

State

Louisiana

Latitude

29.965

Longitude

-90.0335

FAQs

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