Hotel property in Massachusetts

Search hotel property records in Massachusetts 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 Massachusetts 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.

Popular searches around Massachusetts

Reonomy operates the most comprehensive database for Massachusetts 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 Massachusetts commercial real estate professionals. Members from Massachusetts include brokers, investors and service providers, many of whom specialize in Massachusetts Hotel Property.

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Massachusetts hotel property sold prices and values

The average assessed value of hotel properties in Massachusetts is $5,049,512. Hotel property sale prices in Massachusetts have a median of $900,000. The last 24 months of sales history has seen 213 sales, with 151 sales greater than $250,000, 100 sales valued at over $1,000,000, and 22 sales valued at over $10,000,000. The average price per square foot of hotel properties in Massachusetts over the last 24 months is $144.

Values and sold prices (last 24 months) United States Massachusetts
Average price/sqft $7,359 $381
Median price/sqft $112 $144
Average sold price $8,180,749 $5,436,991
Median sold price $1,086,488 $900,000
Number of sales 8,853 213
Number of sales over $250k 6,710 151
Number of sales over $1m 4,568 100
Number of sales over $10m 919 22
Average total tax amount $79,744 $110,279
Average assessed value $3,371,356 $5,049,512
Average market value $4,253,160 --

Massachusetts hotel property property averages

The average lot size of hotel properties in Massachusetts is 25,499 sf. This is 60% below the United States average. The average building area is 72 sf and the median year built is 1934.

Property averages United States Massachusetts
Average lot size 603,303 sf 99,347 sf
Median lot size 47,647 sf 25,499 sf
Average building area 6,659 sf 200 sf
Median building area 74 sf 72 sf
Median year built 1978 1934
Average number of units 51 30
Median number of units 15 10

Massachusetts hotel property total supply

There are 2,629 hotel properties in Massachusetts. This is 189% below the United States average. The total acerage is 3,465 acres and the aggregate building area for hotel properties in Massachusetts is 241,528 sf.

Supply United States Massachusetts
Number of parcels 93,539 2,629
Aggregate lot acerage 1,328,495 3,465
Aggregate building area 276,688,346 sf 241,528 sf
Aggregate units 1,374,173 42,110

Massachusetts hotel property industrial mortgages

There are 7,270 mortgages for hotel properties across Massachusetts in the Reonomy database. The average value of those mortgages is $10,112,632. This is 128% below the United States average.

Debt United States Massachusetts
Number of mortgages 220,435 7,270
Average value of mortgages $46,272,264 $10,112,632

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