233 Arthur Avenue, Lake Arthur, LA

Real Estate

For Sale

Listed price in listed location currency (USD).

$450,000

000

MLS® 3899

Key Facts
Description
Map

Key Facts

Type Hotel-Motel

Levels Commercial Sale

Size -

Garage No

HOA Fees

Taxes

Days Active 1

Approx. Age

MLS® Number 3899

Property Address: 233 Arthur Avenue, Lake Arthur, LA, 70549

Average square foot calculated using Size range provided by listing agent.

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 unwind—one 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 9–10% range. Whether you’re 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.

MLS® Number3899

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelInside, Individual Room

Exposure

Exterior

GarageNo

Approx. Age

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 18, 2026List Date

$450,000List Price

Commute

Commute

Starting Address

Destination Address

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