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 $676,530. Hotel property sale prices in Minnesota have a median of $410,000. The last 24 months of sales history has seen 15 sales, with 10 sales greater than $250,000, 5 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of hotel properties in Minnesota over the last 24 months is $91.

Values and sold prices (last 24 months) United States Minnesota
Average price/sqft $317 $2,219
Median price/sqft $159 $91
Average sold price $756,994 $3,104,390
Median sold price $119,515 $410,000
Number of sales 1,149 15
Number of sales over $250k 343 10
Number of sales over $1m 112 5
Number of sales over $10m 12 --
Average total tax amount $18,619 $7,711
Average assessed value $875,521 $676,530
Average market value $921,903 $684,537

Minnesota hotel property property averages

The average lot size of hotel properties in Minnesota is 297,297 sf. This is 177% above the United States average. The average building area is 94 sf and the median year built is 1972.

Property averages United States Minnesota
Average lot size 92,242 sf 744,263 sf
Median lot size 17,964 sf 297,297 sf
Average building area 4,082 sf 537 sf
Median building area 175 sf 94 sf
Median year built 1988 1972
Average number of units 80 33
Median number of units -- 22

Minnesota hotel property total supply

There are 252 hotel properties in Minnesota. This is 194% below the United States average. The total acerage is 1,059 acres and the aggregate building area for hotel properties in Minnesota is 40,314 sf.

Supply United States Minnesota
Number of parcels 18,590 252
Aggregate lot acerage 12,153 1,059
Aggregate building area 39,699,466 sf 40,314 sf
Aggregate units 320,460 201

Minnesota hotel property industrial mortgages

There are 27 mortgages for hotel properties across Minnesota in the Reonomy database. The average value of those mortgages is $4,992,988. This is 17% below the United States average.

Debt United States Minnesota
Number of mortgages 1,218 27
Average value of mortgages $5,976,404 $4,992,988

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