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842 Camp St - Licensed Commercial STR - 5 bed & 4.5 bath 4,540 SF Specialty Building Offered at $2,059,363 CAD at a 11.25% Cap Rate in New Orleans, LA 70130
Investment Highlights
- Licensed Commercial Short-Term Rental: This historic, 5 bedroom property is fully licensed and ready for immediate income generation.
Executive Summary
For Sale: Licensed Commercial Short-Term Rental in Historic Italianate Townhouse with 5 bedrooms. Seize this exceptional opportunity to acquire 842 Camp Street, a prominent Italianate-style historic townhouse offering significant short-term rental income. Strategically located amidst a wealth of local amenities including restaurants, museums, and popular destinations, this property is a proven draw for visitors. The sale includes established sophisticated management practices and dynamic rate pricing, positioning it as a highly attractive and efficient investment.
Licensed Commercial Short-Term Rental: This property is fully licensed and ready for immediate income generation.
Historic Italianate Townhouse: Own a distinctive and historically significant architectural gem.
Prime & Strategic Location: Ideally situated amidst a wealth of local amenities, including top-rated restaurants, world-class museums, and popular destinations, ensuring an authentic experience for guests.
Established Income Potential: A proven draw for visitors with a track record of significant short-term rental income.
Turnkey & Efficient Operation: Benefits from already implemented sophisticated management practices and dynamic rate pricing, offering a seamless and profitable venture.
Licensed Commercial Short-Term Rental: This property is fully licensed and ready for immediate income generation.
Historic Italianate Townhouse: Own a distinctive and historically significant architectural gem.
Prime & Strategic Location: Ideally situated amidst a wealth of local amenities, including top-rated restaurants, world-class museums, and popular destinations, ensuring an authentic experience for guests.
Established Income Potential: A proven draw for visitors with a track record of significant short-term rental income.
Turnkey & Efficient Operation: Benefits from already implemented sophisticated management practices and dynamic rate pricing, offering a seamless and profitable venture.
Property Facts
| Price | $2,059,363 CAD | Lot Size | 0.13 AC |
| Price Per SF | $453.60 CAD | Building Size | 4,540 SF |
| Sale Type | Investment | No. Stories | 4 |
| Cap Rate | 11.25% | Year Built/Renovated | 1845/2011 |
| Property Type | Specialty | Parking Ratio | 1.32/1,000 SF |
| Property Subtype | Residential Income | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | CBD-5 - Commercial | ||
| Price | $2,059,363 CAD |
| Price Per SF | $453.60 CAD |
| Sale Type | Investment |
| Cap Rate | 11.25% |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 4,540 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1845/2011 |
| Parking Ratio | 1.32/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | CBD-5 - Commercial |
Amenities
- Bus Line
- Signage
1 1
Exceptionally walkable
100/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $114,374 CAD | |
| Land Assessment | $32,426 CAD | Total Assessment | $146,800 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$32,426 CAD
Improvements Assessment
$114,374 CAD
Total Assessment
$146,800 CAD
Contact
-
Jeffrey Doussan, Jr. -
Keller Williams Realty New Orleans
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842 Camp St - Licensed Commercial STR - 5 bed & 4.5 bath
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