Finance & DevelopmentFinanceCBRE Hotels Closes Sale of 63-Room Hampton Inn on Iowa-Illinois Border

CBRE Hotels Closes Sale of 63-Room Hampton Inn on Iowa-Illinois Border

CHICAGOā€”CBRE Hotels has arranged the sale of the Hampton Inn Keokuk, a Mississippi River destination hotel with 63 guestrooms on the Iowa-Illinois border in Keokuk, Iowa.

Douglas Johnson, first vice president with CBRE Hotels, represented the seller. The buyer is H K Corporation.

Located at 3201 Main Street, the hotel is a short distance from many of Keokukā€™s popular sites and the Mississippi River. Keokuk, the southernmost city in Iowa, is also located 16 miles from historic Nauvoo, Illinois. The hotel has an indoor heated pool, on-site business center, fitness facilities, and small meeting space.

ā€œCBRE Hotels is very active with the sale of hotels is Iowa. The sale of the Hampton Inn Keokuk represents CBRE Hotelsā€™ 11th successful sale in Iowa in the last 36 months,ā€ said Johnson.

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