Description
CAMPECHE BED & BREAKFAST - PRIME INVESTMENT OPPORTUNITY IN BAYOU ST. JOHNHUMU ZONING, CREATIVE FINANCING AVAILABLE. Welcome to Campeche, a versatile 8-unit property in the highly sought-after Bayou St. John neighborhood"offering a rare opportunity for multi-family conversion in one of New Orleans' most desirable residential areas. Originally operating as a bed & breakfast, this fully renovated property is perfectly positioned for an investor/developer/owner operatorEach of the 8 units features private exterior egress/ingress, a wet bar, a private bathroom, and a living area (except for one studio unit), making for an effortless transition into long-term rental units. One unit is ADA-compliant, expanding accessibility options. 9 full bathrooms includes the one full bathroom with the office. The property's 2015 renovation preserved its historic charm while modernizing interiors"offering immediate leasing potential for market-rate or furnished rentals.Hu-MU Zoning allows for flexible uses. The adjacent property at 642 N. White Street is also available, presenting additional development opportunities for expanded rental income.EXCEPTIONAL LOCATION & MARKET APPEALLocated in Bayou St. John, Campeche is within walking distance of City Park, the New Orleans Fairgrounds (home of Jazz Fest), and popular dining and entertainment venues. This high-demand area continues to attract both tourists and long-term residents, making it an ideal investment for hospitality or residential repositioning.
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8BEDS
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0.44ACRES
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9BATHS
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01/2 BATHS
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4,518SQFT
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$287$/SQFT
School Ratings & Info
Description
CAMPECHE BED & BREAKFAST - PRIME INVESTMENT OPPORTUNITY IN BAYOU ST. JOHNHUMU ZONING, CREATIVE FINANCING AVAILABLE. Welcome to Campeche, a versatile 8-unit property in the highly sought-after Bayou St. John neighborhood"offering a rare opportunity for multi-family conversion in one of New Orleans' most desirable residential areas. Originally operating as a bed & breakfast, this fully renovated property is perfectly positioned for an investor/developer/owner operatorEach of the 8 units features private exterior egress/ingress, a wet bar, a private bathroom, and a living area (except for one studio unit), making for an effortless transition into long-term rental units. One unit is ADA-compliant, expanding accessibility options. 9 full bathrooms includes the one full bathroom with the office. The property's 2015 renovation preserved its historic charm while modernizing interiors"offering immediate leasing potential for market-rate or furnished rentals.Hu-MU Zoning allows for flexible uses. The adjacent property at 642 N. White Street is also available, presenting additional development opportunities for expanded rental income.EXCEPTIONAL LOCATION & MARKET APPEALLocated in Bayou St. John, Campeche is within walking distance of City Park, the New Orleans Fairgrounds (home of Jazz Fest), and popular dining and entertainment venues. This high-demand area continues to attract both tourists and long-term residents, making it an ideal investment for hospitality or residential repositioning.
Related Properties
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