Hotel property in Minnesota

Search hotel property records in Minnesota to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Minnesota commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

Popular searches around Minnesota

Reonomy operates the most comprehensive database for Minnesota Hotel Property and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Minnesota commercial real estate professionals. Members from Minnesota include brokers, investors and service providers, many of whom specialize in Minnesota Hotel Property.

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Minnesota hotel property sold prices and values

The average assessed value of hotel properties in Minnesota is $1,089,758. Hotel property sale prices in Minnesota have a median of $390,200. The last 24 months of sales history has seen 173 sales, with 103 sales greater than $250,000, 38 sales valued at over $1,000,000, and 6 sales valued at over $10,000,000. The average price per square foot of hotel properties in Minnesota over the last 24 months is $104.

Values and sold prices (last 24 months) United States Minnesota
Average price/sqft $8,005 $317
Median price/sqft $109 $104
Average sold price $6,632,514 $1,850,626
Median sold price $1,101,170 $390,200
Number of sales 8,166 173
Number of sales over $250k 6,303 103
Number of sales over $1m 4,251 38
Number of sales over $10m 863 6
Average total tax amount $80,529 $36,422
Average assessed value $3,282,730 $1,089,758
Average market value $4,227,891 $1,088,048

Minnesota hotel property property averages

The average lot size of hotel properties in Minnesota is 23,399 sf. This is 67% below the United States average. The average building area is 73 sf and the median year built is 1972.

Property averages United States Minnesota
Average lot size 614,169 sf 142,611 sf
Median lot size 47,413 sf 23,399 sf
Average building area 6,822 sf 209 sf
Median building area 73 sf 73 sf
Median year built 1978 1972
Average number of units 51 62
Median number of units 16 29

Minnesota hotel property total supply

There are 3,449 hotel properties in Minnesota. This is 185% below the United States average. The total acerage is 5,824 acres and the aggregate building area for hotel properties in Minnesota is 128,267 sf.

Supply United States Minnesota
Number of parcels 91,986 3,449
Aggregate lot acerage 1,358,661 5,824
Aggregate building area 275,360,041 sf 128,267 sf
Aggregate units 1,370,381 7,592

Minnesota hotel property industrial mortgages

There are 2,042 mortgages for hotel properties across Minnesota in the Reonomy database. The average value of those mortgages is $26,658,279. This is 55% below the United States average.

Debt United States Minnesota
Number of mortgages 212,836 2,042
Average value of mortgages $47,143,013 $26,658,279

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