C & K Hotel Development, LLC Sells Holiday Inn Express In Raceland For $4.62M

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.