1244 Esplanade Ave | New Orleans, LA 70116
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- LoopNet Team
1244 Esplanade Ave
New Orleans, LA 70116
Rathbone Mansions · Hospitality Property For Sale
·
21,668 SF
INVESTMENT HIGHLIGHTS
- Event & Direct Booking Potential: Increase revenue through group events and direct reservations
- Operational Efficiency Upside: Align ADR and occupancy with market comps and streamline staffing
- Seller financing available
- Liquor License & Pool Activation: Unlock added income with events using the liquor license and pool area
- Prime Location: Steps from the French Quarter and Frenchmen Street, ideal for leisure demand
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1846/2003 |
| Building Class | B | Tenancy | Single |
| Lot Size | 0.71 AC | Parking Ratio | 0.99/1,000 SF |
| Building Size | 21,668 SF | Corridor | Interior |
| Zoning | HMR-2 - Residential | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.71 AC |
| Building Size | 21,668 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1846/2003 |
| Tenancy | Single |
| Parking Ratio | 0.99/1,000 SF |
| Corridor | Interior |
| Zoning | HMR-2 - Residential |
AMENITIES
- Business Center
- Pool
- Patio
- Boutique/Lifestyle Hotel
- Meeting Event Space
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $359,690 | |
| Land Assessment | $56,060 | Total Assessment | $415,750 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$56,060
Improvements Assessment
$359,690
Total Assessment
$415,750
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