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Browse More Listings in Hotel & Motel For Sale, New Orleans, LA or Louisiana

Hotel / Motel For Sale

Avenue Garden Hotel

1509 St. Charles Avenue, New Orleans, LA 70130

Price:
$1,800,000
No. Rooms:
30
Building Size:
16,519 SF
Price/Room:
$60,000
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Investment
Cap Rate:
8.50%
Find Out More...

Last Verified 10/20/2009 Listing ID 15497245

Description

The Avenue Garden Hotel, located at 1509 St. Charles Avenue, is a quaint 30 room boutique hotel.

The hotel is located on St. Charles Avenue streetcar line.

Financial Summary

Actual
Net Operating Income
$153,000

Map of 1509 St. Charles Avenue, New Orleans, LA 70130 (Orleans County)

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Helen Siegel (504) 581-5005

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Created 1/3/2008

Additional Information for 1509 Saint Charles Avenue, New Orleans, LA 70130

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Hotel & Motel Property For Sale - Avenue Garden Hotel

1509 St. Charles Avenue, New Orleans, LA, 70130