Hotel Properties in Springfield | Reonomy

Hotel Properties in Springfield

Unlock property data on 36 hotel properties in Springfield. Search through Springfield property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of Springfield commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in hotel properties.

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Springfield hotel property sold prices and values

Values and sold prices (last 24 months) United States Massachusetts Springfield
Average price/sqft -- -- --
Average sold price $4,186,554 $2,499,693 $972,507
Median sold price $457,979 $650,000 $417,500
Number of sales 14,124 305 6
Number of sales over $250k 8,720 236 5
Number of sales over $1m 5,177 127 2
Number of sales over $10m 1,003 16 --
Average total tax amount $53,985 $32,706 $19,554
Average assessed value $2,300,841 $1,937,593 $615,983
Average market value $3,036,441 $1,937,593 $615,983

Springfield hotel property property averages

Property averages United States Massachusetts Springfield
Average lot size 577,892 sf 119,523 sf 70,581 sf
Median lot size 46,550 sf 37,323 sf 42,645 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1984 1957 1956
Average number of units 58 38 16
Median number of units 16 11 --

Springfield hotel property total supply

Supply United States Massachusetts Springfield
Number of parcels 128,421 2,484 36
Aggregate lot acerage 1,958,230 3,717 53
Aggregate building area -- -- --
Aggregate units 2,491,557 51,930 470

Springfield hotel property industrial mortgages

Debt United States Massachusetts Springfield
Number of mortgages 298,681 6,511 170
Average value of mortgages $64,707,721 $23,572,903 $21,916,040

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