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 $5,015,915. Hotel property sale prices in Massachusetts have a median of $801,000. The last 24 months of sales history has seen 222 sales, with 151 sales greater than $250,000, 103 sales valued at over $1,000,000, and 21 sales valued at over $10,000,000. The average price per square foot of hotel properties in Massachusetts over the last 24 months is $107.

Values and sold prices (last 24 months) United States Massachusetts
Average price/sqft $7,510 $338
Median price/sqft $110 $107
Average sold price $6,325,917 $4,855,539
Median sold price $1,047,283 $801,000
Number of sales 8,842 222
Number of sales over $250k 6,857 151
Number of sales over $1m 4,531 103
Number of sales over $10m 893 21
Average total tax amount $80,594 $110,945
Average assessed value $3,255,242 $5,015,915
Average market value $3,403,121 --

Massachusetts hotel property property averages

The average lot size of hotel properties in Massachusetts is 25,861 sf. This is 58% below the United States average. The average building area is 69 sf and the median year built is 1933.

Property averages United States Massachusetts
Average lot size 615,054 sf 101,301 sf
Median lot size 47,472 sf 25,861 sf
Average building area 6,780 sf 184 sf
Median building area 72 sf 69 sf
Median year built 1978 1933
Average number of units 51 30
Median number of units 16 10

Massachusetts hotel property total supply

There are 2,615 hotel properties in Massachusetts. This is 188% below the United States average. The total acerage is 3,460 acres and the aggregate building area for hotel properties in Massachusetts is 223,046 sf.

Supply United States Massachusetts
Number of parcels 91,962 2,615
Aggregate lot acerage 1,359,392 3,460
Aggregate building area 275,281,182 sf 223,046 sf
Aggregate units 1,371,070 41,969

Massachusetts hotel property industrial mortgages

There are 6,224 mortgages for hotel properties across Massachusetts in the Reonomy database. The average value of those mortgages is $10,944,997. This is 126% below the United States average.

Debt United States Massachusetts
Number of mortgages 206,565 6,224
Average value of mortgages $48,271,507 $10,944,997

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