Active For Sale Hospitality

Full Service B&B in the Marigny

2483 Royal St, New Orleans, LA, 70117

ID b2a284d6

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Overview

Incredible hospitality property with multiple revenue streams. Licensed B&B with six guest rooms plus operating restaurant and bar with ABC permit. Restaurant and bar operation currently leased to a third-party operator and ABC permit is currently in service. B&B operation comes with existing bookings in place and experienced operations manager for a smooth transition. Current cap rate exceeds 10%. Located in the heart of the trendy Faubourg Marigny, 5 blocks from Frenchmen Street and 7 blocks from the French Quarter. Please do not disturb employees or tenants!

Additional Information

City: New Orleans
State: LA
Zip Code: 70117
Primary Uses: Hospitality
Zoning: HMC-1

# of Buildings: 2
Floors: 2
Year Built: 1,880
Year Renovated: 2,010
Sale Terms: Cash to Seller