for sale
Rathbone Mansions
1244 Esplanade Ave | New Orleans, LA 70116
Investment Highlights
- Event & Direct Booking Potential: Increase revenue through group events and direct reservations.
- Obtain Liquor License: Unlock increased revenue potential by hosting private events in the pool area with a bar.
- Operational Efficiency Upside: Align ADR and occupancy with market comps and streamline staffing.
- Prime Location: Steps from the French Quarter and Frenchmen Street – ideal for leisure demand
- Owner-Operator Opportunity: Ideal for hands-on ownership, reducing the need for multiple employees
Property Description
Rebecca Williams of NewGen Advisory is proud to present for sale the Rathbone Mansions – New Orleans, LA. The Rathbone Mansions are comprised of two beautifully restored antebellum homes, nestled at 1244 Esplanade Avenue, in the heart of the historic Treme’ district of New Orleans. These stately homes, originally constructed in the mid-1800s, are now a designated historical site, preserving the rich architectural heritage of the area. As a truly unique and inviting destination, Rathbone Mansions offers guests a charming hotel with a bed and breakfast feel with 29 uniquely styled guest rooms, each offering its own blend of period elegance and modern comforts.
The property embodies the quintessential charm of New Orleans, blending Southern hospitality with contemporary amenities to ensure an unforgettable stay. Guests can relax and unwind in tranquil courtyards, enjoy a dip in the year-round outdoor pool, or soak in the hot tub, all while surrounded by lush gardens that provide a peaceful retreat from the bustling city.
Location Description
New Orleans is a Louisiana city on the Mississippi River, near the Gulf of Mexico. Nicknamed the “Big Easy,” it’s known for its round-the-clock nightlife, vibrant live-music scene and spicy, singular cuisine reflecting its history as a melting pot of French, African and American cultures. Embodying its festive spirit is Mardi Gras, the late-winter carnival famed for costumed parades and street parties.
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Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum.
Rebecca Williams
Broker
DC #BR40000325
(301) 305-1113
rwilliams@newgenadv.com
BROKER OF RECORD
Charles Loescher
CML Commercial Real Estate Services LLC
LA #912122967-ACT