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22054383
22054384

632 N White St, New Orleans, LA 70119

CT
LA 0000075986
Talbot Realty Group
Listed by Talbot Realty Group
$1,297,500
463 days on market
Updated 92 days ago

Campeche Bed & Breakfast

Details
Property Type Hospitality, Mixed Use (+1)
Sub Type Apartment Building, Hotel
Net Rentable (SqFt) 4,518
Units 8
Year Renovated 2015
Buildings 1
Stories 2
Acreage 0.500
Zoning HUMU

Owner Financing Available

Marketing description

CAMPECHE BED & BREAKFAST - PRIME INVESTMENT OPPORTUNITY IN BAYOU ST. JOHN

Welcome to Campeche, a charming and versatile 8-unit bed & breakfast in the highly sought-after Bayou St. John neighborhood of New Orleans. This unique hospitality asset presents an outstanding investment opportunity for an operator or developer looking to maximize its potential. With individually appointed guest suites, strong zoning flexibility, and opportunities for repositioning, Campeche offers multiple paths for revenue growth and expansion.

TURNKEY WITH VALUE-ADD POTENTIAL

Each of the 8 guest suites features private exterior egress/ingress, a wet bar, a private bathroom, and a living area (except for one studio unit). One unit is ADA-compliant. The property was fully renovated in 2015, with updates designed to enhance guest comfort while maintaining the historic character of the building.

Campeche is currently operating as a short-term rental. A seasoned operator could implement dynamic pricing strategies, introduce enhanced guest services, and elevate the property’s brand to increase ADR and occupancy.

EXCEPTIONAL LOCATION & MARKET APPEAL

Located 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.

MULTIPLE INVESTMENT STRATEGIES

  • Enhanced Guest Amenities – A developer could further increase property value by utilizing the excess land for added amenities such as a pool, outdoor entertainment areas, or expanded common spaces.

  • Boutique Hospitality Optimization – Enhance revenue performance through enhanced STR management, branding, and optimized marketing.

  • Multi-Family or Mixed-Use Redevelopment – The property's HUMU zoning allows for conversion to a boutique apartment complex or a mixed-use concept integrating retail, F&B, or co-working spaces.

  • Expansion Opportunity – The managing partner also owns the adjacent property at 642 N White Street, presenting a rare opportunity for larger-scale development or operational synergy.

This is a rare opportunity to acquire a well-positioned asset with multiple paths to strong returns. Contact us today to learn more or schedule a private tour.

Investment highlights

8 Individual Guest Units – Each with exterior egress/ingress, wet bar, private bathroom, and living room (except for one studio unit). One unit is ADA-compliant.

Turnkey Bed & Breakfast

Value-Add Opportunity - excess land

Highly Desirable Location – Situated in the Bayou St. John neighborhood, near City Park, Jazz Fest Grounds, and key New Orleans attractions.

Historic Urban Mixed-Use Zoning (HUMU) – Allows for various potential repositioning strategies, including continuing as STR, boutique hotel, mixed-use, or multi-family development.

Expansion & Redevelopment Potential – The managing partner owns the adjacent property at 642 N White Street, opening opportunities for a larger-scale redevelopment or operational synergy.

Listing Contacts

CT
LA 0000075986
Talbot Realty Group
Listed by Talbot Realty Group

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