646-425-5632
225 Baronne St, New Orleans, LA for Sale
Hospitality - FOR SALE
1/7
null | Request Cap Rate

225 Baronne St
New Orleans, LA 70112
New Orleans CBD


HIGHLIGHTS

  • Downtown location with walkable access to major demand drivers
  • Unencumbered ownership structure with operational flexibility
  • Ability to rebrand under a new Aloft by Marriott franchise agreement
  • Diverse demand from leisure, corporate, group, and event segments

OVERVIEW

The Aloft New Orleans Downtown is a 188-room, select-service hotel located in the core of Downtown New Orleans, surrounded by the city’s primary tourism, entertainment, and convention demand drivers. The property benefits from a highly walkable location near the French Quarter, Caesars Superdome, Caesars New Orleans, and the Ernest N. Morial Convention Center. The hotel is offered free and clear of existing debt and management, allowing a new owner immediate control over operations. Ownership will also have the opportunity to secure a new long-term franchise agreement under the Aloft by Marriott brand, providing continued access to a globally recognized flag. Supported by a balanced mix of leisure, corporate, group, and event-related demand, the property is well-positioned for stable performance in one of the country’s most resilient hospitality markets.

FOR SALE DETAILS

PRICE

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# OF ROOMS

188

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Aloft New Orleans Downtown

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

30

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1962

PARKING SPACES

365

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,402 SF

ZONING

CBD-1

APN/PARCEL ID

1-05-1-017-15

ASK ABOUT THIS PROPERTY

Joseph CuomoAlchemy Real Estate Advisors, LLCMore Info
646-425-5632

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Joseph CuomoAlchemy Real Estate Advisors, LLCMore Info
646-425-5632

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