1118 Ursulines St - Hospitality FOR SALE


New Orleans, LA 70116- Treme-Lafitte
$1,500,000 USD
504-608-9706
1118 Ursulines St, New Orleans, LA for Sale
$1,500,000 USD
Hospitality - FOR SALE
1/20
null | Request Cap Rate

1118 Ursulines St
New Orleans, LA 70116
Treme-Lafitte


HIGHLIGHTS

  • Property is located near Bourbon Street and 5 blocks from St. Ann Street in the heart of the historic French Quarter.
  • Space is fully furnished for the guests comfort and convivence.
  • Building is a historic treasure that offers a unique modern touch.
  • This property is surrounded by historic landmarks, attractions, nightlife, and local shopping.

OVERVIEW

Turn-Key Licensed Hotel Investment Opportunity Established in 1984 Nestled in the heart of the historic Treme neighborhood and directly across from the vibrant French Quarter, this 14-room boutique hotel is a rare find. Just three blocks from iconic Bourbon Street and five blocks from St Ann St, this property offers the perfect blend of charm and convenience for travelers seeking an authentic New Orleans experience. Key Features: Turn-Key Operation: Fully furnished and tastefully decorated rooms ready for guests. Off-Street Parking: A rare and highly desirable amenity in this prime location. Historic Charm with Tax Incentives: Use federal and state historic tax credits to enhance your investment. (Tax Credits never used) Floor plans are attached for your review. Detailed financials are available upon request. For more information and a gallery of images, visit the hotel's website. The hotel website has more info and pictures. http://www.neworleansguest.house/

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$281 USD /SF

# OF ROOMS

14

PRICE/ROOM

$107,143 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Orleans Guest House

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1868

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,200 SF

ZONING

Commercial

APN/PARCEL ID

2-08-1-030-19

ASK ABOUT THIS PROPERTY

Gary BourgeoisParish Realty of Louisiana IncMore Info
504-608-9706

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Gary BourgeoisParish Realty of Louisiana IncMore Info
504-608-9706

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.