233 Arthur Avenue, Lake Arthur, LA

Others for Sale - $450,000


Agent Info

Claudia Ingle
Coldwell Banker Commercial Ingle Safari Realty

Property Info

CIMLS#1189095
Location
  233 Arthur Avenue
  Lake Arthur LA 70549
UpdatedMarch 19th, 2026
TypeOthers
Price$450,000

Property Description

The Bank Hotel is a beautifully restored historic boutique hotel located in the heart of downtown Lake Arthur. Situated on a .31-acre corner lot, this one-of-a-kind property offers exceptional charm, high visibility, and proven income potential just minutes from the lake, park, sandy beach, and local attractions. The property features 6,408 heated and cooled square feet and includes eight luxury suites, with three king suites on the first floor and five double queen suites upstairs, perfectly suited for couples, families, and group stays. Guests are welcomed through a warm, inviting lobby showcasing original architectural details, while each suite blends timeless character with modern comfort. Expansive covered porches on both levels provide a standout feature, offering guests a relaxing space to unwindone of the most sought-after amenities. With over 3,500 guests hosted and eight consecutive years of 5-star experiences, The Bank Hotel has established a strong reputation and loyal following, making it a true turnkey hospitality investment. Offered with most furnishings and contents remaining, the property allows for a seamless transition to new ownership. Ample parking, strong corner exposure, and a prime downtown location further enhance its appeal. From an investment standpoint, the property generates approximately $39,436 in net operating income, reflecting an 8.76% cap rate at the current list price. Additional upside exists through rate adjustments and operational efficiencies, with potential to increase returns into the 910% range. Whether youre looking to expand your portfolio or own a signature hospitality asset, The Bank Hotel offers a rare opportunity to acquire a fully operational, highly rated boutique hotel with immediate cash flow and long-term growth potential.


Financials


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