Hotel Properties in Detroit | Reonomy

Hotel Properties in Detroit

Unlock property data on 72 hotel properties in Detroit. Search through Detroit 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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Popular searches around Detroit

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

Values and sold prices (last 24 months) United States Michigan Detroit
Average price/sqft -- -- --
Average sold price $4,351,752 $529,927 $81,833
Median sold price $492,338 -- --
Number of sales 12,422 251 12
Number of sales over $250k 7,209 89 2
Number of sales over $1m 5,008 41 --
Number of sales over $10m 938 -- --
Average total tax amount $77,081 $61,899 $93,708
Average assessed value $3,044,336 $862,968 $2,239,261
Average market value $4,111,620 $1,725,936 $4,478,523

Detroit hotel property property averages

Property averages United States Michigan Detroit
Average lot size 552,104 sf 1,196,375 sf 543,252 sf
Median lot size 51,430 sf 59,137 sf 18,077 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1982 1972 1957
Average number of units 65 47 112
Median number of units 26 24 44

Detroit hotel property total supply

Supply United States Michigan Detroit
Number of parcels 121,023 2,834 81
Aggregate lot acerage 1,616,687 78,059 648
Aggregate building area -- -- --
Aggregate units 2,776,069 39,097 563

Detroit hotel property industrial mortgages

Debt United States Michigan Detroit
Number of mortgages 267,335 3,939 98
Average value of mortgages $68,151,038 $96,032,648 $530,835,331

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