818-851-3300
9365 Waterstone Blvd, Cincinnati, OH for Sale
Hospitality - FOR SALE
1/4
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9365 Waterstone Blvd
Cincinnati, OH 45249


HIGHLIGHTS

  • 101 Unit, 4 Story, Interior Corridor Property | Former Marriott Branded Hotel
  • Rebranding Opportunity - Previously Approved for Country Inn & Suites
  • Absentee Ownership- Opportunity for Hands on Ownership
  • Excellent Location just 20 Minutes from Downtown Cincinnati, OH
  • Versatile Design Structure-Options for Extended Stay/Multifamily Conversion
  • Operating at 49.52% Below RevPar Index of Branded Hotels

OVERVIEW

The Kings Inn & Suites located at 9365 Waterstone Blvd in Cincinnati, Ohio is a well-positioned, limited-service hotel offering convenient access to Interstate 71 and Interstate 275, and is situated approximately twenty minutes from downtown Cincinnati and within close proximity to major retail, dining, and corporate demand drivers in the Northeast Cincinnati submarket. The Kings Inn & Suites presents a compelling investment opportunity for hotel owners and operators seeking both immediate upside and long-term repositioning potential. Formerly affiliated with Marriott brand, the property is currently operating as an independent hotel under absentee ownership and is performing approximately 49.5% below its competitive set of franchised hotels. This performance gap highlights a significant value-add opportunity. With experienced, hands-on management and the implementation of a recognized franchise flag, the property has the potential to substantially improve occupancy, average daily rate (ADR), and overall revenue performance. Under stabilized operations and appropriate brand affiliation, the asset is projected to generate approximately $1.4 million in annual revenue, positioning it competitively within its market. In addition to its hospitality upside, the property’s flexible design and layout provide alternative use potential. The existing structure is well-suited for conversion to extended stay, senior or assisted living or traditional multifamily housing, offering investors optionality depending on market conditions and investment strategy. Overall, the Kings Inn & Suites offers a rare opportunity to acquire a well-located asset with multiple paths to value creation, whether through hotel repositioning, brand affiliation, or adaptive reuse. Cincinnati, with a metropolitan population exceeding 2.2 million, is one of the largest and most economically diverse cities in the Midwest. The region is anchored by a strong base of Fortune 500 companies, including Procter & Gamble, Kroger, and Fifth Third Bank, along with a growing presence in healthcare, logistics, advanced manufacturing, and technology. Major institutions such as the University of Cincinnati and leading healthcare systems contribute to steady employment and consistent lodging demand. For hotel investors, Cincinnati offers a compelling investment environment with diversified demand generators, relatively affordable operating costs, and steady economic growth. The Kings Inn & Suites represents an opportunity to acquire a well-located asset with upside potential through improved management and capital investment, in a stable and expanding Midwestern market In cooperation with Thomas D'Amico (OH Lic #BRKP.0000177678).

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

101

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

King's Inn & Suites, Cincinnati-Mason

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1998

PARKING SPACES

110

LAND DETAILS

LAND ACRES

2.9 AC

LAND SF

126,324 SF

ZONING

GB-PUD, Deerfield

APN/PARCEL ID

16-26-252-003-0

ASK ABOUT THIS PROPERTY

Steve PostAmber Hotel CompanyMore Info
818-851-3300

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Steve PostAmber Hotel CompanyMore Info
818-851-3300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.