Hospitality Business for Sale in Cincinnati, OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Cincinnati, OH 45242
  • Year built: 2016

Description

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 118-room Hampton Inn located in Blue Ash, Ohio, a suburb of Cincinnati. The hotel is a four-story property built in 2016. Hampton Inn Blue Ash/Cincinnati provides the opportunity for a new owner to acquire a select-service Hilton hotel with potential to realize significant RevPAR growth through hands-on management and utilization of the Hilton name, reservation system, and loyal base of guests. Investment Highlights: • Located in the Cincinnati MSA • Competitive Set is Outperforming the Subject Property, Indicating Potential Upside • Running 12-Month ADR Increased Year-Over-Year • Proximate to University of Cincinnati, Procter & Gamble, Summit Park, Bethesda North Hospital, GE Aviation and More

Market Context

This hospitality in Cincinnati, OH is listed for sale. It is offered at an approximate 2.4% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 2016. It has been on the market for 68 days. Compare it against other hospitality listings for sale in Cincinnati, OH — <a href="/search/sale/hospitality/ohio/cincinnati">view the full market</a>.

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