LA
Jeff Davis
Lake Arthur
70549
233 Arthur Avenue
233 Arthur Avenue, Lake Arthur, LA 70549
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Listing Type
Commercial/Industrial
Listing Status
Active
36
$450,000

Home Details for 233 Arthur Avenue

Price
$450,000
Type
Commercial Sale
Year built
1960
Lot size acres
0.314
County
Jeff Davis
MLS Listing#
SWL26001184
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 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.

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Property Features
  • Utilities
    • Electricity Connected
    • Sewer Connected
    • Water Connected
  • Cooling Information
    • Central Air
    • Ceiling Fan(s)
  • Heating Information
    • Central
  • Water Features
    • Public
Listing Courtesy: Coldwell Banker Ingle Safari R - 337-478-1601
The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of the Southwest Louisiana MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Southwest Louisiana MLS. All Rights Reserved.
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EXIT REALTY SOUTHERN
3701 Maplewood Dr, Sulphur, LA 70663
Emily Ross
License #: 995714138
Sales Representative
Office
337 287 9500
Agent
409 779 9959
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