Hotel Properties in Grand Rapids | Reonomy

Hotel Properties in Grand Rapids

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Popular searches around Grand Rapids

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

Values and sold prices (last 24 months) United States Wisconsin Grand Rapids
Average price/sqft -- -- --
Average sold price $3,839,937 $1,763,495 --
Median sold price $362,338 $355,000 --
Number of sales 12,995 296 --
Number of sales over $250k 7,165 171 --
Number of sales over $1m 4,607 89 --
Number of sales over $10m 834 16 --
Average total tax amount $66,225 $35,157 --
Average assessed value $2,619,911 $1,581,892 --
Average market value $3,673,239 $1,651,607 --

Grand Rapids hotel property property averages

Property averages United States Wisconsin Grand Rapids
Average lot size 521,430 sf 228,867 sf --
Median lot size 47,983 sf 65,888 sf --
Average building area -- -- --
Median building area -- -- --
Median year built 1984 1962 --
Average number of units 66 72 --
Median number of units 24 34 --

Grand Rapids hotel property total supply

Supply United States Wisconsin Grand Rapids
Number of parcels 125,819 2,830 --
Aggregate lot acerage 1,645,144 10,613 --
Aggregate building area -- -- --
Aggregate units 2,917,012 43,089 --

Grand Rapids hotel property industrial mortgages

Debt United States Wisconsin Grand Rapids
Number of mortgages 270,146 4,332 --
Average value of mortgages $58,075,838 $38,934,649 --

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