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 $1,100,243. Hotel property sale prices in Minnesota have a median of $608,333. The last 24 months of sales history has seen 279 sales, with 182 sales greater than $250,000, 108 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 $110.

Values and sold prices (last 24 months) United States Minnesota
Average price/sqft $7,467 $602
Median price/sqft $113 $110
Average sold price $6,524,869 $1,844,875
Median sold price $1,098,767 $608,333
Number of sales 8,661 279
Number of sales over $250k 6,577 182
Number of sales over $1m 4,495 108
Number of sales over $10m 892 6
Average total tax amount $80,293 $35,999
Average assessed value $3,324,124 $1,100,243
Average market value $4,295,638 $1,097,746

Minnesota hotel property property averages

The average lot size of hotel properties in Minnesota is 24,001 sf. This is 65% below the United States average. The average building area is 79 sf and the median year built is 1973.

Property averages United States Minnesota
Average lot size 600,555 sf 132,965 sf
Median lot size 47,270 sf 24,001 sf
Average building area 6,730 sf 295 sf
Median building area 74 sf 79 sf
Median year built 1978 1973
Average number of units 51 62
Median number of units 16 29

Minnesota hotel property total supply

There are 3,675 hotel properties in Minnesota. This is 184% below the United States average. The total acerage is 5,802 acres and the aggregate building area for hotel properties in Minnesota is 213,731 sf.

Supply United States Minnesota
Number of parcels 92,381 3,675
Aggregate lot acerage 1,159,686 5,802
Aggregate building area 274,897,203 sf 213,731 sf
Aggregate units 1,366,877 7,591

Minnesota hotel property industrial mortgages

There are 2,159 mortgages for hotel properties across Minnesota in the Reonomy database. The average value of those mortgages is $25,063,240. This is 60% below the United States average.

Debt United States Minnesota
Number of mortgages 216,476 2,159
Average value of mortgages $46,836,937 $25,063,240

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