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STR Investment Portfolio 3 Multifamily Properties Offered at $1,450,000 in Multiple Locations

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Investment Highlights

  • Investment Opportunity!

Executive Summary

This premier short-term rental portfolio in New Orleans offers investors three high-demand properties totaling six rental units with 18 bedrooms and 12 bathrooms, strategically located in vibrant Mid-City and Treme neighborhoods. 624-626 S. Lopez Street is a Mid-City duplex with dual Short Term Rental Permits, featuring two 3-bedroom, 2-bath units with master suites, luxurious bathrooms, open-concept kitchens, and a courtyard, steps from Whole Foods and the French Quarter. 734-736 S. Lopez Street is a Mid-City STR duplex, that is composed of 3-bedrooms, 2-bath units with a welcoming porch, modern kitchen and prime proximity to parade routes and downtown, ideal for Mardi Gras and year-round guests. 2009-2011 N. Claiborne Ave is a Duplex located in Treme with each units layout is comprised with 3-bedroom, 2-bath units, boasting modern amenities like WiFi, in-unit laundry, and parking, just 16 miles from the airport and near the French Quarter. Fully equipped and positioned for strong occupancy, this turnkey portfolio promises consistent cash flow in one of America’s top hospitality markets.
Commercial Short-Term Rental (CSTR) licenses in New Orleans are currently capped, with no new licenses being issued and growing indications that the city may permanently halt future issuances. This regulatory environment has created a high barrier to entry and increased scarcity, significantly enhancing the value of properties with active CSTR licenses. Unlike residential STR permits, CSTR licenses are tied to the property itself—similar to liquor or video poker licenses—which means they convey with the sale and remain valid regardless of ownership changes. While some investors perceive regulatory risk, the fixed nature and transferability of these licenses offer a unique layer of protection and long-term upside potential. With strong cash flow, turnkey operations, and desirable locations, this portfolio represents a rare chance to acquire appreciating hospitality assets in one of the country’s most resilient tourism markets.
Total 2025 Revenue: $237,307.92

Property Facts

Price $1,450,000
Price / SF $384.62 / SF
Sale Condition Bulk/Portfolio Sale
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 3,770 SF
Total Land Area 0.15 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Multifamily 2,380 SF 2005 -
2009 N Claiborne Ave, New Orleans, LA 70116 Multifamily 2,106 SF 1991 -
624 S Lopez St, New Orleans, LA 70119 Multifamily 1,664 SF 1990 -
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  • Listing ID: 35671161

  • Date on Market: 4/29/2025

  • Last Updated:

  • Address: STR Investment Portfolio, New Orleans, LA

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