Log In/Sign Up
Your email has been sent.
842 Camp St - Licensed Commercial STR - 5 bed & 4.5 bath 4,540 SF Specialty Building Offered at $1,295,000 at a 7.52% 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.
- 7.52% Cap Rate at $1,295,000: Strong yield backed by verified NOI of $97,328 from active short-term rental operations.
- 5 Bedrooms / 4.5 Bathrooms: Generous layout accommodates large group bookings, driving premium nightly rates year-round.
- Owner Financing Available: 80% LTV at 7.5% interest, 20-year amortization with 5-year balloon – flexible terms for qualified investors.
- Top-Performing Airbnb & VRBO Property: Actively listed on major STR platforms with strong occupancy and premium nightly rates.
- 4,540 SF Turnkey Property: Fully furnished and operational – begin generating rental income from day one of ownership.
Executive Summary
For Sale: Licensed Commercial Short-Term Rental (STR) — Turnkey Airbnb & VRBO Investment in Historic New Orleans
Rare opportunity to acquire a fully licensed, income-producing STR in the heart of New Orleans' most sought-after corridor. 842 Camp Street is a stunning 5-bedroom, 4.5-bath Italianate-style historic townhouse with a proven track record on Airbnb and VRBO. Licensed under the City's Commercial STR framework — one of a limited number of such licenses in existence — providing a significant competitive moat and immediate income generation from day one.
Financial Performance:
T36 Average NOI: $97,325 | Cap Rate at $1,295,000: ~7.5%
Dynamic pricing strategy consistently maximizes RevPAR across all booking platforms.
Owner Financing Available:
Qualified buyers may access favorable seller financing terms:
- 80% LTV
- 7.5% interest rate
- 20-year amortization
- 5-year balloon
Location is unmatched — steps from the CBD, Garden District, and the best dining, culture, and entertainment New Orleans has to offer. Strong repeat guest base and sophisticated management infrastructure already in place. This property performs year-round, not just during events.
Key Investment Highlights:
- Licensed Commercial STR — fully transferable
- Active on Airbnb and VRBO with established reviews & ranking
- 5BR / 4.5BA with historically authentic architecture
- Professional management with dynamic pricing
- Seller financing available — low barrier to qualified entry
Priced at $1,295,000. Owner motivated. Contact listing agent to request the Offering Memorandum and full financials.
Rare opportunity to acquire a fully licensed, income-producing STR in the heart of New Orleans' most sought-after corridor. 842 Camp Street is a stunning 5-bedroom, 4.5-bath Italianate-style historic townhouse with a proven track record on Airbnb and VRBO. Licensed under the City's Commercial STR framework — one of a limited number of such licenses in existence — providing a significant competitive moat and immediate income generation from day one.
Financial Performance:
T36 Average NOI: $97,325 | Cap Rate at $1,295,000: ~7.5%
Dynamic pricing strategy consistently maximizes RevPAR across all booking platforms.
Owner Financing Available:
Qualified buyers may access favorable seller financing terms:
- 80% LTV
- 7.5% interest rate
- 20-year amortization
- 5-year balloon
Location is unmatched — steps from the CBD, Garden District, and the best dining, culture, and entertainment New Orleans has to offer. Strong repeat guest base and sophisticated management infrastructure already in place. This property performs year-round, not just during events.
Key Investment Highlights:
- Licensed Commercial STR — fully transferable
- Active on Airbnb and VRBO with established reviews & ranking
- 5BR / 4.5BA with historically authentic architecture
- Professional management with dynamic pricing
- Seller financing available — low barrier to qualified entry
Priced at $1,295,000. Owner motivated. Contact listing agent to request the Offering Memorandum and full financials.
Property Facts
Amenities
- Bus Line
- Signage
1 1
Exceptionally walkable
100/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
70/100
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
Contact
-
Jeffrey Doussan, Jr. -
Keller Williams Realty New Orleans
1 of 21
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
842 Camp St - Licensed Commercial STR - 5 bed & 4.5 bath
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.