Hotel Properties in Lorain
Unlock property data on 3 hotel properties in Lorain. Search through Lorain property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.
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Popular searches around Lorain
Reonomy attracts a large community of Lorain 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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Lorain hotel property sold prices and values
| Values and sold prices (last 24 months) | United States | Ohio | Lorain |
|---|---|---|---|
| Average price/sqft | -- | -- | -- |
| Average sold price | $3,735,501 | $1,893,444 | -- |
| Median sold price | $376,779 | $400,000 | -- |
| Number of sales | 12,776 | 376 | 2 |
| Number of sales over $250k | 7,099 | 216 | -- |
| Number of sales over $1m | 4,578 | 125 | -- |
| Number of sales over $10m | 847 | 9 | -- |
| Average total tax amount | $67,628 | $54,603 | $10,275 |
| Average assessed value | $2,671,545 | $834,253 | $128,513 |
| Average market value | $3,651,760 | $1,992,892 | $367,166 |
Lorain hotel property property averages
| Property averages | United States | Ohio | Lorain |
|---|---|---|---|
| Average lot size | 526,576 sf | 133,364 sf | 30,201 sf |
| Median lot size | 47,955 sf | 71,459 sf | 12,632 sf |
| Average building area | -- | -- | -- |
| Median building area | -- | -- | -- |
| Median year built | 1984 | 1987 | 1925 |
| Average number of units | 65 | 87 | -- |
| Median number of units | 24 | 60 | -- |
Lorain hotel property total supply
| Supply | United States | Ohio | Lorain |
|---|---|---|---|
| Number of parcels | 125,493 | 2,753 | 3 |
| Aggregate lot acerage | 1,616,534 | 7,467 | 2 |
| Aggregate building area | -- | -- | -- |
| Aggregate units | 2,897,987 | 74,918 | -- |
Lorain hotel property industrial mortgages
| Debt | United States | Ohio | Lorain |
|---|---|---|---|
| Number of mortgages | 274,896 | 6,653 | 5 |
| Average value of mortgages | $57,947,688 | $81,881,727 | $8,952,809 |
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