842 Camp St - Residential Income FOR SALE


New Orleans, LA 70130- Warehouse District
$1,495,000 USD
842 Camp St, New Orleans, LA for Sale
$1,495,000 USD
Residential Income - FOR SALE
1/20
null | 11.25% Cap Rate

842 Camp St
New Orleans, LA 70130
Warehouse District


HIGHLIGHTS

  • Licensed Commercial Short-Term Rental: This historic, 5 bedroom property is fully licensed and ready for immediate income generation.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$329 USD /SF

CAP RATE

11.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Licensed Commercial STR - 5 bed & 4.5 bath

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1845

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,575 SF

ZONING

CBD-5

APN/PARCEL ID

1-03-1-030-39,1-03-1-030-40,1-03-1-030-41,1-03-1-030-43

ASK ABOUT THIS PROPERTY

Jeffrey Doussan, Jr.Keller Williams Realty New OrleansMore Info

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Jeffrey Doussan, Jr.Keller Williams Realty New OrleansMore Info

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