842 Camp Street is a historic Italianate townhouse in the heart of the New Orleans Warehouse District. It has the tall windows, ornate detailing and old-world proportions that make this architecture a signature of the city. The property is already set up as a short-term rental, and guests are a short walk from the National WWII Museum, the Ogden Museum of Southern Art, Lafayette Square and some of the best restaurants in New Orleans. The property currently operates under a Commercial Short-Term Rental (CSTR) license in good standing. A CSTR license does not transfer automatically with a sale. However, the City of New Orleans has recently been reissuing CSTR licenses to new owners of properties whose licenses were in good standing. For an investor, that means a real path to keeping the property income-producing from day one, subject to the city's review and approval. A new owner can also add professional management and dynamic rate pricing to grow revenue in one of the strongest visitor markets in the country. Buyer to independently verify all licensing, zoning and permitting with the City of New Orleans Department of Safety and Permits. No representation is made regarding future license issuance.
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