Hotel Properties in Michigan | Reonomy
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    Hotel Properties in Michigan

    Unlock property data on all 2,466 hotel properties in Michigan. Search across 90 counties to find the Michigan property records you need, and get in touch with Hotel Property owners in any market. Discover off-market properties likely to sell, refinance, or renovate, or find recent buyers and sellers.

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    Popular searches around Michigan

    Reonomy attracts a large community of Michigan 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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    Michigan hotel property sold prices and values

    Values and sold prices (last 24 months) United States Michigan
    Average price/sqft -- --
    Average sold price $3,735,501 $421,354
    Median sold price $376,779 $11,450
    Number of sales 12,776 210
    Number of sales over $250k 7,099 72
    Number of sales over $1m 4,578 28
    Number of sales over $10m 847 --
    Average total tax amount $67,628 $30,491
    Average assessed value $2,671,545 $803,005
    Average market value $3,651,760 $1,606,010

    Michigan hotel property property averages

    Property averages United States Michigan
    Average lot size 526,576 sf 1,922,995 sf
    Median lot size 47,955 sf 72,725 sf
    Average building area -- --
    Median building area -- --
    Median year built 1984 1985
    Average number of units 65 53
    Median number of units 24 24

    Michigan hotel property total supply

    Supply United States Michigan
    Number of parcels 125,493 2,487
    Aggregate lot acerage 1,616,534 104,701
    Aggregate building area -- --
    Aggregate units 2,897,987 28,352

    Michigan hotel property industrial mortgages

    Debt United States Michigan
    Number of mortgages 274,896 3,189
    Average value of mortgages $57,947,688 $102,498,297

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