4200 St Claude Ave New Orleans, LA 70117
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.