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    1900 Rampart St New Orleans, LA 70116

    Sponsored
    For Sale
    $999,000

    Luxury Inn, 6 Units, Resort Amenities

    Property size:
    3,555 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional New Orleans hospitality property, located at 1900 N Rampart St, offers a unique blend of luxury and convenience. Boasting 3,555 square feet on a 2,079 square foot lot, this two-story building features six bedrooms and seven bathrooms, perfectly suited for a boutique hotel or high-end bed and breakfast operation. Renovated in 2020, the property includes an oversized kitchen and dining area, designed to maximize efficiency and guest experience. The second floor offers a host-friendly layout, complete with a private patio, hot tub, and steam room. The property's HMR-1 zoning allows for flexibility in its future use, with the potential for conversion to residential use if desired. Currently operating as a successful B&B, the property is available for $999,000 ($281.01 per square foot). The property's prime location, just steps from the French Quarter, ensures high occupancy rates. The current operator is relocating, but may be available to continue providing luxury spa services. This turnkey opportunity presents a rare chance to acquire a well-established, high-performing hospitality business in a vibrant and desirable location. The anticipated occupancy date is August 20, 2024.

    Property Features for 1900 Rampart St

    General Information

    Property type
    Hotels
    Square Feet
    3,555 SF

    Building Details

    Year Renovated
    2020
    Stories
    2
    Units
    6

    HighLights

    • Exceptional New Orleans hospitality property at 1900 N Rampart St, offering 3,555 square feet on a 2,079 square foot lot.
    • Six bedrooms, seven bathrooms, ideal for boutique hotel or high‑end B&B.
    • 2020 renovation, oversized kitchen/dining area, second‑floor host suite with patio, hot tub, and steam room.
    • HMR‑1 zoning allows for flexibility, including potential residential conversion.
    • Currently operating as a successful B&B, priced at $999,000 ($281.01 PSF), with anticipated occupancy date of August 20, 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Serenity in the Marigny Hotel

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans Parish
    State
    Louisiana
    Longitude
    -90.0601894
    Latitude
    29.9672194

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    FAQs

    What type of property is this?
    Hotel - Luxury Inn, 6 Units, Resort Amenities
    Where is this hotel located?
    The property is located at 1900 Rampart St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: Exceptional New Orleans hospitality property at 1900 N Rampart St, offering 3,555 square feet on a 2,079 square foot lot.; Six bedrooms, seven bathrooms, ideal for boutique hotel or high-end B&B.; 2020 renovation, oversized kitchen/dining area, second-floor host suite with patio, hot tub, and steam room.
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    New Orleans, LA 70116
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1900 Rampart St New Orleans, LA 70116
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