Technical
Financial
Distress signals
Property profile

1244 Esplanade Ave New Orleans, LA 70116

OFF-MARKET
Hotels
Property ID
US36-0175293
5,267 SF 0.22 ac lot Built 1900
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1900
Total area 5,267 SF
Lot 0.22 ac (9,588 SF)
APN 208103502
UPID US36-0175293

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

1244 Esplanade Ave New Orleans, LA 70116-1978
New Orleans metro Census 3900 NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2019
$3.2M
2017
Price N/A

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
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