Historic Eight-Suite
For Sale
$425,000
233 Arthur Ave, Lake Arthur, LA 70549
Restored lodging property with covered porches, original architectural details, and a suite mix for varied stays.
Property Size6,408 SF
Lot Size0.31 Acres
Price / SF$66.32
Days on Market161
Property Features for 233 Arthur Ave
General Information
Standard status
Active
Size
6,408 SF
Lot size
0.31 Acres
Property subtype
Hospitality
Net Operating Income
$39,436
Financials
Cap Rate
8.76%
Business Included
Yes
Amenities
covered porches
Power
Water
Sewer
Building Details
Year Built
1960
Buildings
1
Stories
2
Listing Agency:
Coldwell Banker Ingle Safari R
(337) 304-0481
Listed By:
Robbie Ingle · License #912122392
(337) 304-0481
Source:
Lacdb.resimplifi
Added: Mar 24
Changed: Aug 30
Last Checked: Aug 30 at 1:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Ingle Safari R
Investment Insights
Based on property information with market context.
This restored historic hotel occupies a 0.31-acre corner parcel in downtown Lake Arthur. The 6,408-square-foot property includes eight guest suites arranged across two levels: three king suites on the first floor and five double queen suites upstairs. A welcoming lobby retains original architectural elements, while covered porches extend across both floors. Most furnishings and contents are included, supporting continuity of the existing hospitality operation.
The property is positioned near the lake, park, sandy beach, and local attractions, with corner exposure and ample parking. Built in 1960, the hotel has hosted more than 3,500 guests and recorded eight consecutive years of 5-star experiences. The reported 8.76% cap rate provides an additional operating metric for evaluation.
The property is positioned near the lake, park, sandy beach, and local attractions, with corner exposure and ample parking. Built in 1960, the hotel has hosted more than 3,500 guests and recorded eight consecutive years of 5-star experiences. The reported 8.76% cap rate provides an additional operating metric for evaluation.
Key Highlights
- 6,408 heated and cooled square feet
- Eight suites: three king suites downstairs and five double queen suites upstairs
- 0.31‑acre corner lot in downtown Lake Arthur
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Explore this area
Business Placement
Demographics for 70549, LA
3,836
Population
1,664
Households
2.3
Avg Household Size
40
Median Age
13%
College-Educated
80%
High-School Grad
161.1 sq mi
ZIP Area
24
Density / Sq Mi
$50,952
Median Household Income
$34,637
Median Earnings
$670
Median Rent
$106,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Restored lodging property with covered porches, original architectural details, and a suite mix for varied stays.
Where is this hotel located?
The property is located at 233 Arthur Ave Lake Arthur, LA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 6,408 heated and cooled square feet; Eight suites: three king suites downstairs and five double queen suites upstairs; 0.31‑acre corner lot in downtown Lake Arthur
