Hotel in Raleigh sells for $11 million

Published Jan 1, 2026

The hotel at Summit Park Ln. was built in 1997 and includes a 2.8-acre lot size. The four-story building is equipped with central cooling, central heating and type not specified. The new owner, Oms Crabtree LLC, purchased the 69,956-square-foot property, designated for commercial use, from Sweethome Crabtree Inc. on Dec. 12, 2025 for $11,000,000.