Hotel Properties in New Britain | Reonomy

Hotel Properties in New Britain

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Popular searches around New Britain

Reonomy attracts a large community of New Britain commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in hotel properties.

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New Britain hotel property sold prices and values

Values and sold prices (last 24 months) United States Connecticut New Britain
Average price/sqft $766 $20,246 --
Average sold price $6,119,712 $2,434,821 --
Median sold price $1,129,309 $1,242,500 --
Number of sales 7,797 14 --
Number of sales over $250k 5,937 12 --
Number of sales over $1m 4,087 7 --
Number of sales over $10m 777 -- --
Average total tax amount $77,769 $85,636 --
Average assessed value $3,400,101 $2,518,988 --
Average market value $4,490,211 $2,518,988 --

New Britain hotel property property averages

Property averages United States Connecticut New Britain
Average lot size 600,187 sf 128,842 sf --
Median lot size 47,961 sf 83,417 sf --
Average building area 6,621 sf 86 sf --
Median building area 75 sf 48 sf --
Median year built 1978 1971 --
Average number of units 51 52 --
Median number of units 16 25 --

New Britain hotel property total supply

Supply United States Connecticut New Britain
Number of parcels 94,049 197 --
Aggregate lot acerage 1,330,442 461 --
Aggregate building area 276,013,115 sf 8,283 sf --
Aggregate units 1,437,041 7,185 --

New Britain hotel property industrial mortgages

Debt United States Connecticut New Britain
Number of mortgages 224,848 613 --
Average value of mortgages $46,400,006 $6,045,427 --

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