Hotel properties in Harrisonburg

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Reonomy operates the most comprehensive database for Harrisonburg 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 Harrisonburg commercial real estate professionals. Members from Harrisonburg include brokers, investors and service providers, many of whom specialize in Harrisonburg Hotel Property.

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Harrisonburg hotel property sold prices and values

Values and sold prices (last 24 months) United States Virginia Harrisonburg
Average price/sqft $7,539 $366 $71
Median price/sqft $114 $120 $71
Average sold price $8,183,529 $11,042,051 $2,025,000
Median sold price $1,096,324 $4,041,945 $2,025,000
Number of sales 8,653 153 2
Number of sales over $250k 6,591 136 2
Number of sales over $1m 4,486 102 --
Number of sales over $10m 893 34 --
Average total tax amount $80,215 $63,152 $50,283
Average assessed value $3,391,192 $5,811,581 $5,875,771
Average market value $4,262,368 $5,823,045 $5,875,771

Harrisonburg hotel property property averages

Property averages United States Virginia Harrisonburg
Average lot size 603,947 sf 151,114 sf 114,161 sf
Median lot size 47,607 sf 82,526 sf 108,987 sf
Average building area 6,675 sf 293 sf 114 sf
Median building area 74 sf 71 sf 119 sf
Median year built 1978 1985 1995
Average number of units 51 116 4
Median number of units 16 56 4

Harrisonburg hotel property total supply

Supply United States Virginia Harrisonburg
Number of parcels 93,452 2,304 27
Aggregate lot acerage 1,329,001 3,483 18
Aggregate building area 276,928,459 sf 200,354 sf 684 sf
Aggregate units 1,370,726 39,728 4

Harrisonburg hotel property industrial mortgages

Debt United States Virginia Harrisonburg
Number of mortgages 220,976 3,388 7
Average value of mortgages $46,223,912 $53,158,074 $2,980,174

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