REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Stacy And Darrel Folse

stacy.folse@exprealty.com +1(337) 849-8957

Listed by Coldwell Banker Ingle Safari R

$ 425,000

Est. payment -/mo

Save Virtual Tour

Active

233 Arthur AVE Lake Arthur, LA 70549

6,408 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 6,408 sqft

Price per Sqft $66

MLS Listing ID SWL26001184

HOA Y/N No

Year Built 1960

Annual Tax Amount $3,709

Tax Year 2025

Lot Size 0.314 Acres

Acres 0.314

Lot Dimensions 130 x 105

Property Sub-Type Hotel/Motel

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.

Location

State LA

County Jeff Davis

Area Other

Zoning Commercial

Direction From I-10 take Exit 64. Go South on Hwy 26 to Lake Arthur. Turn West at Third Street. Go to Arthur Ave. Hotel located on corner of Arthur Ave and Third St.

Interior

Heating Central

Cooling Central Air, Ceiling Fan(s)

Fireplace No

Laundry Inside, Laundry Room

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Water Access Desc Public

Roof Type Flat

Building

Lot Description Outside City Limits, Rectangular Lot

Story 2

Water Public

Others

Tax ID 110346500

Special Listing Condition Standard

Virtual Tour https://media.cutrermedia.com/sites/rkpnoazw/unbranded

Nearby Locations

Stacy And Darrel Folse

Agent | License ID: 73665

+1(337) 849-8957

Stacy And Darrel Folse

233 Arthur AVE Lake Arthur, LA 70549

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

GET MORE INFORMATION

Go tour this home

233 Arthur AVE