Madame Isabelle's House in New Orleans

8 Room Bed and Breakfast | New Orleans, LA 70116 | $1,640,000 ($205,000/Room)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,640,000

Property Type
Hospitality
Square Feet
5,906 SF

Listing Contacts

Cameron Griffin
Cameron Griffin
Verified Profile
Anna Mixon
Verified Profile
  • Property Info

Property Overview

Embark on an unparalleled journey to acquire Madame De Lagniappe DBA Madame Isabelle’s House, a thriving hostel with a rich legacy. Experience seamless ownership transition with meticulously curated FF&A, including select furnishings from the esteemed third floor, alongside hassle-free inventory and equipment transfer. This exclusive offer extends beyond physical assets, embracing digital prominence with included OTA and review site accounts. Navigate regulatory compliance with our guidance on B&B license transfer, while Maison De Lagniappe, LLC will remain independent. Sign our disclosure agreement for access to financial data and license details, ensuring a secure path to realizing your hospitality aspirations. The 2024 Total Assessment for the property is $98,570.
Step into a venture where success is certain: Maison De Lagniappe journey to its most profitable year in 2023 showcases the compelling reasons behind its thriving operation. With a decade-long presence since 2014, the Hostel has established itself as a premier destination, boasting loyal clientele and glowing reviews on platforms like Google and Booking.com. Their popularity ensures consistent occupancy rates, setting us apart from competitors. Moreover, the B&B license provides a crucial advantage. Unlike Hotels and STRs burdened with hefty taxes. The traditional B&B license provides exemption, enjoying a favorable taxation framework and financial stability with a modest 50 cents per room charge. Positioned strategically among hostels in the city, Maison De Lagniappe stands out, offering unparalleled opportunities for entrepreneurial success.
Please do not disturb the hostel operations. Text/Email/Call the agent with additional questions & the NDA to receive the financial documents.
Listing is in cooperation with McEnery Residential and The McEnery Companies Agents:
Anna Mixon
Email: [email protected]
Phone: 337-298-9791
Cameron Griffin
Email: [email protected]
Phone: 504-535-5680

Property Details

Class
C
Year Built/Renovated
1831/2020
Stories
2
Property Subtype
Bed and Breakfast, Hotel
Lot Size (sq. ft)
3,920 SF
Units
8

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