Hotel property in Albany
Search hotel property records in Albany to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Albany commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.
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Popular searches around Albany
Reonomy operates the most comprehensive database for Albany Hotel Property and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Albany commercial real estate professionals. Members from Albany include brokers, investors and service providers, many of whom specialize in Albany Hotel Property.
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Albany hotel property sold prices and values
The average assessed value of hotel properties in Albany is $1,627,200.
| Values and sold prices (last 24 months) | United States | Indiana | Albany |
|---|---|---|---|
| Average price/sqft | $7,597 | $151 | -- |
| Median price/sqft | $112 | $65 | -- |
| Average sold price | $8,062,303 | $6,327,383 | -- |
| Median sold price | $1,086,917 | $1,478,125 | -- |
| Number of sales | 8,539 | 186 | -- |
| Number of sales over $250k | 6,487 | 141 | -- |
| Number of sales over $1m | 4,408 | 106 | -- |
| Number of sales over $10m | 880 | 13 | -- |
| Average total tax amount | $80,252 | $61,380 | $44,687 |
| Average assessed value | $3,335,360 | $2,268,482 | $1,627,200 |
| Average market value | $4,307,863 | $2,268,482 | $1,627,200 |
Albany hotel property property averages
The average lot size of hotel properties in Albany is 49,615 sf. This is 49% below the Indiana average. The average building area is 41 sf and the median year built is 1934.
| Property averages | United States | Indiana | Albany |
|---|---|---|---|
| Average lot size | 600,791 sf | 127,925 sf | 49,615 sf |
| Median lot size | 47,464 sf | 82,196 sf | 49,615 sf |
| Average building area | 6,763 sf | 837 sf | 41 sf |
| Median building area | 74 sf | 41 sf | 41 sf |
| Median year built | 1978 | 1989 | 1934 |
| Average number of units | 51 | 79 | 68 |
| Median number of units | 16 | 60 | 68 |
Albany hotel property total supply
There are 3 hotel properties in Albany. This is 199% below the Indiana average. The total acerage is 2 acres and the aggregate building area for hotel properties in Albany is 83 sf.
| Supply | United States | Indiana | Albany |
|---|---|---|---|
| Number of parcels | 92,317 | 1,553 | 3 |
| Aggregate lot acerage | 1,160,645 | 3,165 | 2 |
| Aggregate building area | 275,527,209 sf | 585,927 sf | 83 sf |
| Aggregate units | 1,367,684 | 19,361 | 136 |
Albany hotel property industrial mortgages
There are 3 mortgages for hotel properties across Albany in the Reonomy database. The average value of those mortgages is $1,181,895. This is 193% below the Indiana average.
| Debt | United States | Indiana | Albany |
|---|---|---|---|
| Number of mortgages | 216,927 | 2,093 | 3 |
| Average value of mortgages | $46,865,584 | $68,751,134 | $1,181,895 |
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