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Robert Hand, MBA, CCIM, SIOR
Louisiana Commercial Realty, LLC
New Orleans Commercial Property
Phone: 504-289-8172
Fax: 504-896-9097
Licensed in Louisiana & Mississippi

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Featured Properties » 2826 Tulane Avenue-30,000sf

Previously America's Best Hotel but was damaged by fire in December 2010 and has not been in operation since. Sold as is. Appromimately 25,120sf building on 16,000sf footprint on 30,250sf land. 75 rooms and 50 rentable before the fire. Of the 25 rooms not rentable, approximately 13 were damaged by fire on the third floor. Average room rates were $50/night with gross revenue estimated between $700,000 and $1,250,000 annually. Property shown by appointment with 24 hours notice as currently fenced off and not in use. Property is close to new billion dollar Veterans Administration Hospital under development. Square 613. lots 19-25 and lots 16 and 27, with 200 feet fronting Tulane and side access on South White and South Dupree. Zoned C-2 with side lots zoned RO.

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