Hotel Properties in Mercer Island
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Popular searches around Mercer Island
Reonomy attracts a large community of Mercer Island 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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Mercer Island hotel property sold prices and values
| Values and sold prices (last 24 months) | United States | Wisconsin | Mercer Island |
|---|---|---|---|
| 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 | -- |
Mercer Island hotel property property averages
| Property averages | United States | Wisconsin | Mercer Island |
|---|---|---|---|
| Average lot size | 521,430 sf | 228,867 sf | -- |
| Median lot size | 47,983 sf | 65,970 sf | -- |
| Average building area | -- | -- | -- |
| Median building area | -- | -- | -- |
| Median year built | 1984 | 1962 | -- |
| Average number of units | 66 | 72 | -- |
| Median number of units | 24 | 34 | -- |
Mercer Island hotel property total supply
| Supply | United States | Wisconsin | Mercer Island |
|---|---|---|---|
| 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 | -- |
Mercer Island hotel property industrial mortgages
| Debt | United States | Wisconsin | Mercer Island |
|---|---|---|---|
| Number of mortgages | 270,146 | 4,332 | -- |
| Average value of mortgages | $58,075,838 | $38,934,649 | -- |
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