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 $5,040,015. Hotel property sale prices in Massachusetts have a median of $850,000. The last 24 months of sales history has seen 207 sales, with 143 sales greater than $250,000, 99 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 $121.
|Values and sold prices (last 24 months)||United States||Massachusetts|
|Average sold price||$6,632,514||$5,283,045|
|Median sold price||$1,101,170||$850,000|
|Number of sales||8,166||207|
|Number of sales over $250k||6,303||143|
|Number of sales over $1m||4,251||99|
|Number of sales over $10m||863||23|
|Average total tax amount||$80,529||$112,966|
|Average assessed value||$3,282,730||$5,040,015|
|Average market value||$4,227,891||--|
Massachusetts hotel property property averages
The average lot size of hotel properties in Massachusetts is 25,985 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||614,169 sf||101,380 sf|
|Median lot size||47,413 sf||25,985 sf|
|Average building area||6,822 sf||188 sf|
|Median building area||73 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 223,467 sf.
|Number of parcels||91,986||2,615|
|Aggregate lot acerage||1,358,661||3,460|
|Aggregate building area||275,360,041 sf||223,467 sf|
Massachusetts hotel property industrial mortgages
There are 7,104 mortgages for hotel properties across Massachusetts in the Reonomy database. The average value of those mortgages is $9,843,367. This is 130% below the United States average.
|Number of mortgages||212,836||7,104|
|Average value of mortgages||$47,143,013||$9,843,367|