New Orleans Guest House | 1118 Ursulines St
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New Orleans Guest House 1118 Ursulines St
14 Room Hotel New Orleans, LA 70116 $1,500,000 ($107,143/Room)
Investment Highlights
- Just three blocks from iconic Bourbon Street and five blocks from St Ann St
- Historic Charm with Tax Incentives: Use federal and state historic tax credits to enhance your investment
- this property offers the perfect blend of charm and convenience for travelers seeking an authentic New Orleans experience
Executive Summary
Turn-Key Licensed Hotel Investment Opportunity Established in 1984 Nestled in the heart of the historic Treme neighborhood and directly across from the vibrant French Quarter, this 14-room boutique hotel is a rare find. Just three blocks from iconic Bourbon Street and five blocks from St Ann St, this property offers the perfect blend of charm and convenience for travelers seeking an authentic New Orleans experience. Key Features: Turn-Key Operation: Fully furnished and tastefully decorated rooms ready for guests. Off-Street Parking: A rare and highly desirable amenity in this prime location. Historic Charm with Tax Incentives: Use federal and state historic tax credits to enhance your investment. (Tax Credits never used) Floor plans are attached for your review. Detailed financials are available upon request. For more information and a gallery of images, visit the hotel's website. The hotel website has more info and pictures. http://www.neworleansguest.house/
Property Facts
| Price | $1,500,000 | Building Size | 5,347 SF |
| Price Per Room | $107,143 | No. Rooms | 14 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1868 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.87/1,000 SF |
| Lot Size | 0.17 AC | Corridor | Interior |
| Price | $1,500,000 |
| Price Per Room | $107,143 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 5,347 SF |
| No. Rooms | 14 |
| No. Stories | 2 |
| Year Built | 1868 |
| Tenancy | Single |
| Parking Ratio | 1.87/1,000 SF |
| Corridor | Interior |
Amenities
- Balcony
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 14 | $214.00 | - |
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Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (72)
Bike Score®
Biker's Paradise (100)
PROPERTY TAXES
| Parcel Number | 2-08-1-030-19 | Improvements Assessment | $118,760 |
| Land Assessment | $12,940 | Total Assessment | $131,700 |
PROPERTY TAXES
Parcel Number
2-08-1-030-19
Land Assessment
$12,940
Improvements Assessment
$118,760
Total Assessment
$131,700
zoning
| Zoning Code | Commercial (Commercial) |
| Commercial (Commercial) |
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Presented by
Parish Realty of Louisiana Inc
New Orleans Guest House | 1118 Ursulines St
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