Technical
Financial
Distress signals
Property profile

4200 St Claude Ave New Orleans, LA 70117

OFF-MARKET
Hospitality properties
12,381 SF Built 2023
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Hospitality properties
Year built 2023
Total area 12,381 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4200 St Claude Ave New Orleans, LA 70117
New Orleans metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4200 St Claude Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message