About 1021 Kerlerec St
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 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 path to realizing your hospitality aspirations. 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 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
Features of 1021 Kerlerec St
MLS® # | 2454011 |
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Price | $1,640,000 |
Bathrooms | 0.00 |
Square Footage | 5,430 |
Acres | 0.00 |
Year Built | 1946 |
Type | Commercial Sale |
Status | Active |
Community Information
Address | 1021 Kerlerec St |
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City | New Orleans |
County | Orleans |
State | Louisiana |
Zip Code | 70116 |
Amenities
Parking | Off Street |
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Is Waterfront | No |
Has Pool | No |
Interior
Fireplace | No |
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Has Basement | No |
Exterior
Exterior | Brick |
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Lot Description | City Lot, Rectangular Lot |
Construction | Brick |
Additional Information
Days on Market | 112 |
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Zoning | HMR-1 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
HOA Fees | 0.00 |