Bankruptcy Court Orders Online Auction of Blue Lagoon Guest House SVN Gilmore Auction & Realty Coordinating Online Auction December 8-13

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SVN Gilmore Auction & Realty has been commissioned by the U.S. Bankruptcy Court, Eastern District of Louisiana to hold an auction of the property known as The Blue Lagoon 9-Unit Guest House, 4417 Dryades Street, New Orleans. Bidding will open on Thursday, December 8th and run through Tuesday, December 13th.

Blue Lagoon Guest House Indoor Pool

“The Blue Lagoon Guest House is a great hospitality property located in Uptown New Orleans across the street from Pascal’s Manale Restaurant, just off Napoleon Avenue and three blocks from historic St. Charles Avenue,” said David E. Gilmore, CCIM, Managing Director of SVN Gilmore Auction & Realty.

SVN Gilmore Auction & Realty has been commissioned by the U.S. Bankruptcy Court, Eastern District of Louisiana to hold an auction of the property known as The Blue Lagoon 9-Unit Guest House, 4417 Dryades Street, New Orleans. Bidding will open on Thursday, December 8th and run through Tuesday, December 13th.

The Blue Lagoon is a 2-story, 8000+/- square foot building with twelve (12) bedrooms and ten (10) baths including a manager’s suite. The property features an indoor pool, bar, open living & kitchen areas, and a 75’ x 25’ courtyard perfect for outdoor events. The Blue Lagoon is licensed as a 9-unit bed & breakfast and is subject to hotels-motels tax. The zoning is HU-B1, Historic Urban Neighborhood Business District.
“The Blue Lagoon is a great hospitality property located across the street from Pascal’s Manale Restaurant, just off Napoleon Avenue and three blocks from historic St. Charles Avenue,” said David E. Gilmore, CCIM, Managing Director of SVN Gilmore Auction & Realty.

Complete information on the property, auction terms & conditions, photos, video walkthroughs, and bidding instructions are available at http://www.SVNGilmoreAuction.com.

About SVN Gilmore Auction & Realty Co.:
SVN Gilmore Auction is a member of SVN Auction Services and is a provider of date-specific sales and special asset solutions. It encompasses an elite group of senior marketing advisors covering the United States who specialize in accelerated marketing services for commercial real estate assets. SVN Auction Services offers the industry’s most comprehensive spectrum of auction solutions — from rapid asset resolution and 30-day countdown asset sales to wide area and high impact / high promotion events. As part of one of the most recognized and reputable commercial real estate firms in the industry, SVN Gilmore Auction is supported by SVN International, which features 200 locations serving more than 500 markets. This relationship provides outstanding opportunities for SVN Auction Services to serve clients needing to move assets in accelerated time frames and creates significant value for buyers and sellers.

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David E Gilmore