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31143836
31143837

233 Arthur Avenue, Lake Arthur, LA 70549

RI
LA 0912122392, LA 912122392
Coldwell Banker Commercial Ingle Safari Realty
Listed by Coldwell Banker Commercial Ingle Safari Realty
$450,000
82 days on market
Updated 25 days ago

THE BANK Hotel Lake Arthur

Details
APN 110346500
Property Type Hospitality
Sub Type Hotel
Square Footage 6,408
Cap Rate 8.76%
NOI $39,436
Year Built 1960
Buildings 1
Acreage 0.314

Hospitality | 8.76% CAP

Marketing description

The Bank Hotel is a beautifully restored historic boutique hotel located in the heart of downtown Lake Arthur. Situated on a .31-acre corner lot, this one-of-a-kind property offers exceptional charm, high visibility, and proven income potential just minutes from the lake, park, sandy beach, and local attractions. The property features 6,408 heated and cooled square feet and includes eight luxury suites, with three king suites on the first floor and five double queen suites upstairs, perfectly suited for couples, families, and group stays. Guests are welcomed through a warm, inviting lobby showcasing original architectural details, while each suite blends timeless character with modern comfort. Expansive covered porches on both levels provide a standout feature, offering guests a relaxing space to unwind—one of the most sought-after amenities. With over 3,500 guests hosted and eight consecutive years of 5-star experiences, The Bank Hotel has established a strong reputation and loyal following, making it a true turnkey hospitality investment. Offered with most furnishings and contents remaining, the property allows for a seamless transition to new ownership. Ample parking, strong corner exposure, and a prime downtown location further enhance its appeal. From an investment standpoint, the property generates approximately $39,436 in net operating income, reflecting an 8.76% cap rate at the current list price. Additional upside exists through rate adjustments and operational efficiencies, with potential to increase returns into the 9–10% range. Whether you’re looking to expand your portfolio or own a signature hospitality asset, The Bank Hotel offers a rare opportunity to acquire a fully operational, highly rated boutique hotel with immediate cash flow and long-term growth potential.
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Listing Contacts

RI
LA 0912122392, LA 912122392
Coldwell Banker Commercial Ingle Safari Realty
Listed by Coldwell Banker Commercial Ingle Safari Realty

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$39,436.00
$3,286.33/mo

Valuation Metrics

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DSCR
8.76%
Cap Rate
8.76%
ROI

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Additional Information

Name
Robbie Ingle
License
0912122392
Brokerage
Coldwell Banker Ingle Safari Realty
Title
Real Estate Broker
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