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.
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1-10 of 3,282 results
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.
Minnesota hotel property sold prices and values
The average assessed value of hotel properties in Minnesota is $1,083,968. Hotel property sale prices in Minnesota have a median of $405,000. The last 24 months of sales history has seen 189 sales, with 115 sales greater than $250,000, 43 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 $107.
|Values and sold prices (last 24 months)||United States||Minnesota|
|Average sold price||$6,325,917||$1,777,199|
|Median sold price||$1,047,283||$405,000|
|Number of sales||8,842||189|
|Number of sales over $250k||6,857||115|
|Number of sales over $1m||4,531||43|
|Number of sales over $10m||893||6|
|Average total tax amount||$80,594||$36,407|
|Average assessed value||$3,255,242||$1,083,968|
|Average market value||$3,403,121||$1,086,653|
Minnesota hotel property property averages
The average lot size of hotel properties in Minnesota is 23,420 sf. This is 67% below the United States average. The average building area is 73 sf and the median year built is 1971.
|Property averages||United States||Minnesota|
|Average lot size||615,054 sf||143,216 sf|
|Median lot size||47,472 sf||23,420 sf|
|Average building area||6,780 sf||216 sf|
|Median building area||72 sf||73 sf|
|Median year built||1978||1971|
|Average number of units||51||62|
|Median number of units||16||28|
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 5,852 acres and the aggregate building area for hotel properties in Minnesota is 131,339 sf.
|Number of parcels||91,962||3,449|
|Aggregate lot acerage||1,359,392||5,852|
|Aggregate building area||275,281,182 sf||131,339 sf|
Minnesota hotel property industrial mortgages
There are 2,040 mortgages for hotel properties across Minnesota in the Reonomy database. The average value of those mortgages is $26,689,856. This is 57% below the United States average.
|Number of mortgages||206,565||2,040|
|Average value of mortgages||$48,271,507||$26,689,856|