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842 Camp St - Licensed Commercial STR - 5 bed & 4.5 bath 4,540 SF Specialty Building Offered at $1,495,000 at a 11.25% Cap Rate in New Orleans, LA 70130



Investment Highlights
- Licensed Commercial Short-Term Rental: This historic, 5 bedroom property is fully licensed and ready for immediate income generation.
Executive Summary
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.
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.
Property Facts
| Price | $1,495,000 | Lot Size | 0.13 AC |
| Price Per SF | $329.30 | Building Size | 4,540 SF |
| Sale Type | Investment | No. Stories | 4 |
| Cap Rate | 11.25% | Year Built/Renovated | 1845/2011 |
| Property Type | Specialty | Parking Ratio | 1.32/1,000 SF |
| Property Subtype | Residential Income | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | CBD-5 - Commercial | ||
| Price | $1,495,000 |
| Price Per SF | $329.30 |
| Sale Type | Investment |
| Cap Rate | 11.25% |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 4,540 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1845/2011 |
| Parking Ratio | 1.32/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | CBD-5 - Commercial |
Amenities
- Bus Line
- Signage
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Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (78)
Bike Score®
Very Bikeable (83)
Property Taxes
| Parcel Numbers | Improvements Assessment | $83,030 | |
| Land Assessment | $23,540 | Total Assessment | $106,570 |
Property Taxes
Parcel Numbers
Land Assessment
$23,540
Improvements Assessment
$83,030
Total Assessment
$106,570
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842 Camp St - Licensed Commercial STR - 5 bed & 4.5 bath
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