Hotel Properties in University Place
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Popular searches around University Place
Reonomy attracts a large community of University Place 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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University Place hotel property sold prices and values
| Values and sold prices (last 24 months) | United States | Washington | University Place |
|---|---|---|---|
| Average price/sqft | -- | -- | -- |
| Average sold price | $3,692,851 | $1,774,298 | -- |
| Median sold price | $383,787 | $414,062 | -- |
| Number of sales | 12,999 | 290 | -- |
| Number of sales over $250k | 7,255 | 166 | -- |
| Number of sales over $1m | 4,718 | 93 | -- |
| Number of sales over $10m | 858 | 6 | -- |
| Average total tax amount | $64,403 | $27,278 | -- |
| Average assessed value | $2,650,838 | $2,770,846 | -- |
| Average market value | $3,585,371 | $2,770,418 | -- |
University Place hotel property property averages
| Property averages | United States | Washington | University Place |
|---|---|---|---|
| Average lot size | 526,827 sf | 103,508 sf | -- |
| Median lot size | 47,920 sf | 33,793 sf | -- |
| Average building area | -- | -- | -- |
| Median building area | -- | -- | -- |
| Median year built | 1984 | 1980 | -- |
| Average number of units | 65 | 70 | -- |
| Median number of units | 24 | 52 | -- |
University Place hotel property total supply
| Supply | United States | Washington | University Place |
|---|---|---|---|
| Number of parcels | 125,490 | 2,476 | -- |
| Aggregate lot acerage | 1,616,227 | 4,515 | -- |
| Aggregate building area | -- | -- | -- |
| Aggregate units | 2,897,699 | 40,281 | -- |
University Place hotel property industrial mortgages
| Debt | United States | Washington | University Place |
|---|---|---|---|
| Number of mortgages | 274,653 | 7,321 | -- |
| Average value of mortgages | $57,975,919 | $55,508,129 | -- |
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