Hotel Properties in Michigan | Reonomy
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    Hotel Properties in Michigan

    Unlock property data on all 760 hotel properties in Michigan. Search across 83 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 $766 $10,868
    Average sold price $6,119,712 $577,942
    Median sold price $1,127,930 $375,000
    Number of sales 7,797 26
    Number of sales over $250k 5,937 17
    Number of sales over $1m 4,087 5
    Number of sales over $10m 777 --
    Average total tax amount $77,769 $47,243
    Average assessed value $3,400,101 $1,262,696
    Average market value $4,490,211 $2,525,393

    Michigan hotel property property averages

    Property averages United States Michigan
    Average lot size 600,187 sf 1,325,427 sf
    Median lot size 47,942 sf 65,558 sf
    Average building area 6,621 sf 117 sf
    Median building area 75 sf 30 sf
    Median year built 1978 1985
    Average number of units 51 10
    Median number of units 16 4

    Michigan hotel property total supply

    Supply United States Michigan
    Number of parcels 94,049 778
    Aggregate lot acerage 1,330,442 17,465
    Aggregate building area 276,013,115 sf 39,187 sf
    Aggregate units 1,437,041 1,090

    Michigan hotel property industrial mortgages

    Debt United States Michigan
    Number of mortgages 224,848 1,177
    Average value of mortgages $46,400,006 $134,109,648

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