4200 St Claude Ave New Orleans, LA 70117
- Hospitality properties
- 12,381 SF
Current Use by Public Records
- Hospitality properties
Property Details for 4200 St Claude Ave
- Year built
- 2023
- Property size
- 12,381 SF
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Orleans
- State
- Louisiana
- Longitude
- -90.0335
- Latitude
- 29.965
