Noble Investment Group Acquires Hotel In Raleigh, NC For $28.6M

The hotel located at 160 Park at North Hills St in Raleigh, NC has been sold in a recent transaction. The property encompasses 137 keys and was sold for a total price of $28,600,000, resulting in a price per key of $208,759.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $28,600,000
• Property Address: 160 Park at North Hills St, Raleigh, NC
• Market: Raleigh, NC

The buyer of the hotel is Noble Investment Group, an experienced investment company in the real estate industry.