301-305-1113
1244 Esplanade Ave, New Orleans, LA for Sale
Hospitality - FOR SALE
1/9
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1244 Esplanade Ave
New Orleans, LA 70116
Treme-Lafitte


HIGHLIGHTS

  • Event & Direct Booking Potential: Increase revenue through group events and direct reservations
  • Liquor License & Pool Activation: Unlock added income with events using the liquor license and pool area
  • Operational Efficiency Upside: Align ADR and occupancy with market comps and streamline staffing
  • Owner-Operator Opportunity: Ideal for hands-on ownership, reducing the need for multiple employees
  • Prime Location: Steps from the French Quarter and Frenchmen Street, ideal for leisure demand

OVERVIEW

Property Description Rathbone Mansions comprises two beautifully restored antebellum homes, nestled at 1244 and 1227 Esplanade Avenue, in the heart of the historic Treme’ district of New Orleans. These stately homes, originally constructed in the mid-1800s, are now a designated historical site, preserving the rich architectural heritage of the area. As a truly unique and inviting destination, Rathbone Mansions offers guests a charming hotel with a bed and breakfast feel with 29 uniquely styled guest rooms, each offering its own blend of period elegance and modern comforts. The property embodies the quintessential charm of New Orleans, blending Southern hospitality with contemporary amenities to ensure an unforgettable stay. Guests can relax and unwind in tranquil courtyards, enjoy a dip in the year-round outdoor pool, or soak in the hot tub, all while surrounded by lush gardens that provide a peaceful retreat from the bustling city. Location Description New Orleans is a Louisiana city on the Mississippi River, near the Gulf of Mexico. Nicknamed the "Big Easy," it's known for its round-the-clock nightlife, vibrant live-music scene and spicy, singular cuisine reflecting its history as a melting pot of French, African and American cultures. Embodying its festive spirit is Mardi Gras, the late-winter carnival famed for costumed parades and street parties.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

26

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rathbone Mansions

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1846

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,887 SF

ZONING

Zoning 3

APN/PARCEL ID

2-08-1-035-02,3-7W-1-030-01

ASK ABOUT THIS PROPERTY

Rebecca WilliamsNewGen AdvisoryMore Info
301-305-1113

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Rebecca WilliamsNewGen AdvisoryMore Info
301-305-1113

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.