Hotel Properties in Michigan | Reonomy

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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