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.
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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.
Massachusetts hotel property sold prices and values
The average assessed value of hotel properties in Massachusetts is $5,052,088. Hotel property sale prices in Massachusetts have a median of $850,000. The last 24 months of sales history has seen 213 sales, with 151 sales greater than $250,000, 97 sales valued at over $1,000,000, and 23 sales valued at over $10,000,000. The average price per square foot of hotel properties in Massachusetts over the last 24 months is $141.
|Values and sold prices (last 24 months)||United States||Massachusetts|
|Average sold price||$6,524,869||$5,508,651|
|Median sold price||$1,099,194||$850,000|
|Number of sales||8,661||213|
|Number of sales over $250k||6,577||151|
|Number of sales over $1m||4,495||97|
|Number of sales over $10m||892||23|
|Average total tax amount||$80,293||$110,365|
|Average assessed value||$3,324,124||$5,052,088|
|Average market value||$4,295,638||--|
Massachusetts hotel property property averages
The average lot size of hotel properties in Massachusetts is 25,532 sf. This is 59% below the United States average. The average building area is 70 sf and the median year built is 1932.
|Property averages||United States||Massachusetts|
|Average lot size||600,555 sf||99,632 sf|
|Median lot size||47,272 sf||25,532 sf|
|Average building area||6,730 sf||191 sf|
|Median building area||74 sf||70 sf|
|Median year built||1978||1932|
|Average number of units||51||30|
|Median number of units||16||10|
Massachusetts hotel property total supply
There are 2,629 hotel properties in Massachusetts. This is 188% below the United States average. The total acerage is 3,433 acres and the aggregate building area for hotel properties in Massachusetts is 229,391 sf.
|Number of parcels||92,381||2,629|
|Aggregate lot acerage||1,159,686||3,433|
|Aggregate building area||274,897,203 sf||229,391 sf|
Massachusetts hotel property industrial mortgages
There are 7,225 mortgages for hotel properties across Massachusetts in the Reonomy database. The average value of those mortgages is $10,139,777. This is 128% below the United States average.
|Number of mortgages||216,476||7,225|
|Average value of mortgages||$46,836,937||$10,139,777|