Hotel Properties in Nowthen | Reonomy

Hotel Properties in Nowthen

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Reonomy attracts a large community of Nowthen 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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Nowthen hotel property sold prices and values

Values and sold prices (last 24 months) United States Minnesota Nowthen
Average price/sqft -- -- --
Average sold price $4,320,338 $1,652,337 --
Median sold price $433,581 $217,440 --
Number of sales 14,463 576 --
Number of sales over $250k 8,778 274 --
Number of sales over $1m 5,214 118 --
Number of sales over $10m 998 10 --
Average total tax amount $52,372 $26,620 --
Average assessed value $2,435,454 $930,644 --
Average market value $3,079,797 $931,332 --

Nowthen hotel property property averages

Property averages United States Minnesota Nowthen
Average lot size 578,886 sf 336,783 sf --
Median lot size 46,506 sf 24,618 sf --
Average building area -- -- --
Median building area -- -- --
Median year built 1984 1981 --
Average number of units 58 85 --
Median number of units 16 62 --

Nowthen hotel property total supply

Supply United States Minnesota Nowthen
Number of parcels 128,771 4,518 --
Aggregate lot acerage 2,013,441 21,787 --
Aggregate building area -- -- --
Aggregate units 2,498,066 19,777 --

Nowthen hotel property industrial mortgages

Debt United States Minnesota Nowthen
Number of mortgages 304,846 4,935 --
Average value of mortgages $63,637,241 $29,446,538 --

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