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 $5,052,088. 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 price/sqft $7,467 $382
Median price/sqft $113 $141
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.

Supply United States Massachusetts
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
Aggregate units 1,366,877 42,193

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.

Debt United States Massachusetts
Number of mortgages 216,476 7,225
Average value of mortgages $46,836,937 $10,139,777

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