PROPERTY INFORMATION

BANKRUPTCY AUCTION
BLUE LAGOON GUEST HOUSE 
4417 Dryades Street, New Orleans, LA
Case No. 21-10315 Chapter 11 Eastern District of Louisiana
ONLINE BIDDING Dec. 8th - 13th
          
Property Details:

• Blue Lagoon Guest House
• 12 bedrooms/10 baths - including manager’s suite
• 8208± sf, 2-story, hospitality property in Uptown New Orleans just off Napoleon Avenue. Across the street from Pascal’s Manale Restaurant and 3 short blocks from historic St. Charles Avenue
• Features indoor pool, bar, open living & kitchen area, and 75’ x 25’ courtyard perfect for outdoor events
• Furniture, fixtures, and equipment are also subject to sale 
• Licensed as 9-unit bed & breakfast - subject to hotels-motels tax
• Lot size 63’ x 150'

Legal: Lot 18-A, Square 477, 6th District, City of New Orleans

Terms: 10% Deposit Upon Contract Signing, 30-day Closing, Cash Sale, "AS IS, WHERE IS", Seller's Notary, 10% Buyer's Premium Added, $100,000 Wire or Cashier's Check Bid Deposit required, Starting Bid $750,000, Subject To Court Approval By 12/21/2022

Please contact SVN|Gilmore Auction & Realty for bid deposit wire instructions. All bid deposits will be held in the Lugenbuhl, Wheaton, Peck, Rankin, & Hubbard Trust Account.