Address: 604-606 South Genois Street, New Orleans, LA 70119
604-606 Genois Street presents a rare opportunity to acquire a fully permitted, turnkey short-term rental property at pricing that aligns more closely with a traditional double than a stabilized STR asset. Property is offered fully furnished including all linens, TVs, etc. Each unit features 2 bedrooms and 2 bathrooms and contain 768 SF. Property is steps from Tulane Avenue bike lane and only 1 mile from Downtown New Orleans.
Priced to sell, 604-606 Genois Street offers an exceptional opportunity to acquire a turnkey commercial property with immediate income-producing potential and significant flexibility for future ownership strategies. The property is ideally suited for an STR investor seeking an established, fully permitted operation, while also providing an attractive entry point for beginning commercial real estate investors.
Sale Price: $400,000 | $260.42 PSF
Site Size: 3,298 SF
GBA: 1,536 SF
Zoning: MU-1
Revenue: $63,581 (T-12)
For further listing information or to schedule a showing please contact Louis LeBourgeois 985-317-4464 or Clayton Schell 504-259-6017
