SOLD
C & K Hotel Development, LLC Sells Holiday Inn Express In Raceland For $4.62M
4716 Louisiana Highway 1
Hotel
Sold 85 days ago
Summary
Sale
LOUISIANA
Hotel
The Holiday Inn Express & Suites located at 4716 Louisiana Highway 1 in Raceland, LA, has been sold for $4,620,000. The property features 175 keys with a price per key of $26,400.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $4,620,000
- Address: 4716 Louisiana Highway 1
- Market: Raceland, LA
- Seller: C & K Hotel Development, LLC
- Brokers: Adam Sklaver, David Altman, Philip Kates & Steve Greer - Marcus & Millichap
Marcus & Millichap facilitated the transaction of the Holiday Inn Express & Suites in Raceland, Louisiana. The deal involved key individuals such as Adam Sklaver, David Altman, Philip Kates, and Steve Greer, representing the seller, C & K Hotel Development, LLC.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Adam Sklaver, David Altman, Philip Kates & Steve Greer
DATE: 02/07/2024
ADDRESS: 4716 Louisiana Highway 1
MARKET: Raceland, LA
ASSET TYPE: Hotel
SELLER: C & K Hotel Development, LLC
BROKERS: Adam Sklaver, David Altman, Philip Kates & Steve Greer - Marcus & Millichap
SALE PRICE: $4,620,000
KEYS: 175 ~ PPK: $26,400
NOTE: Marcus & Millichap announced the sale of a Holiday Inn Express & Suites in Raceland, Louisiana, for $4,620,000.View on map
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Address4716 Louisiana Highway 1
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