Hotel Properties in Ann Arbor
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Popular searches around Ann Arbor
Reonomy attracts a large community of Ann Arbor 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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Ann Arbor hotel property sold prices and values
| Values and sold prices (last 24 months) | United States | Minnesota | Ann Arbor |
|---|---|---|---|
| Average price/sqft | -- | -- | -- |
| Average sold price | $10,501,737 | $3,755,108 | -- |
| Median sold price | $464,019 | $328,216 | -- |
| Number of sales | 17,803 | 690 | -- |
| Number of sales over $250k | 10,869 | 392 | -- |
| Number of sales over $1m | 6,712 | 211 | -- |
| Number of sales over $10m | 1,791 | 89 | -- |
| Average total tax amount | $51,366 | $19,392 | -- |
| Average assessed value | $2,426,884 | $834,995 | -- |
| Average market value | $3,115,897 | $836,238 | -- |
Ann Arbor hotel property property averages
| Property averages | United States | Minnesota | Ann Arbor |
|---|---|---|---|
| Average lot size | 547,825 sf | 392,116 sf | -- |
| Median lot size | 45,010 sf | 26,617 sf | -- |
| Average building area | -- | -- | -- |
| Median building area | -- | -- | -- |
| Median year built | 1984 | 1981 | -- |
| Average number of units | 57 | 80 | -- |
| Median number of units | 15 | 52 | -- |
Ann Arbor hotel property total supply
| Supply | United States | Minnesota | Ann Arbor |
|---|---|---|---|
| Number of parcels | 134,763 | 4,850 | -- |
| Aggregate lot acerage | 1,991,398 | 27,905 | -- |
| Aggregate building area | -- | -- | -- |
| Aggregate units | 2,556,397 | 21,990 | -- |
Ann Arbor hotel property industrial mortgages
| Debt | United States | Minnesota | Ann Arbor |
|---|---|---|---|
| Number of mortgages | 321,876 | 6,241 | -- |
| Average value of mortgages | $60,856,601 | $34,206,967 | -- |
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