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Palmdale Holiday Inn Trades at Nearly $149,000 Per Key

LA-Based Investor Buys Hospitality Property
The hotel was built in 1988 on 2.9 acres in the northern Los Angeles County hospitality market. (CoStar)
The hotel was built in 1988 on 2.9 acres in the northern Los Angeles County hospitality market. (CoStar)
By Sha McDuffie
October 4, 2022 | 3:37 P.M.

Brighton Management sold the Holiday Inn Palmdale Lancaster hotel at 38630 Fifth St. W. in Palmdale, California, for $22 million, or more than $148,600 per door, to a local investor.

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