Hospitality Business for Sale in Blue Ash, OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Blue Ash, OH 45242
  • Year built: 2018

Description

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 99-room Home2 Suites located in Blue Ash, Ohio, a suburb of Cincinnati. The hotel is a five-story property built in 2018. Home2 Suites Blue Ash Cincinnati provides the opportunity for a new owner to acquire a select-service extended-stay 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 • 2018 Construction • Running 3-Month Occupancy 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 Blue Ash, OH is listed for sale. It is offered at an approximate 3.6% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 2018. It has been on the market for 67 days. Compare it against other hospitality listings for sale in Blue Ash, OH — <a href="/search/sale/hospitality/ohio/blue-ash">view the full market</a>.

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