for sale

Rathbone Mansions

1244 Esplanade Ave | New Orleans, LA 70116

Price:
$3,950,000
Number of Rooms:
29
Building Size:
21,668 SF
Year Built:
1846
Renovation Completed:
2024
Lot Size:
0.71 AC
Hotel Type:
Limited Service

Investment Highlights

  • Charming Hotel: 29 uniquely styled guest rooms across two beautifully restored antebellum homes.

  • Prime Location: Steps from the French Quarter and Frenchmen Street – ideal for leisure demand

  • Operational Upside: Operate as an independent boutique hotel or as a soft brand for global reach.

  • Event Booking Potential: Increase revenue by securing liquor license and hosting private events at the pool-side bar.

Potential buyers are not permitted to visit the hotel without a scheduled private showing through the Listing Broker.

Property Description

Rathbone Mansions comprises two beautifully restored antebellum homes, nestled at 1244 and 1227 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

King Jeremiah
Associate
AZ #SA697698000
(602) 405-2082
kjeremiah@newgenadv.com

BROKER OF RECORD

Charles Loescher

CML Commercial Real Estate Services LLC

LA #912122967-ACT

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