9369 Waterstone BlvdCincinnati, OH 45249

  • Warehouses
  • 8,690 SF
For Sale
$5,500,000 View listing

Property Details for 9369 Waterstone Blvd

Year built
1998
Construction
FRAME
Lot size
1.86 AC
Property size (Sq ft)
8,690 SF
Property type
Warehouses
Property subtype
Self storage facilities
APN
16-26-252-002-0
APU
16262520020

Description

This exceptional 93-unit extended-stay hotel, built in 1999, presents a compelling investment opportunity in the Cincinnati MSA. Located at 9369 Waterstone Blvd, Cincinnati, OH 45249, this two-building, three-story property offers significant upside potential. Currently operating remotely, the hotel benefits from a prime location just twenty miles northeast of downtown Cincinnati, directly off I-71, providing easy access to the thriving northern Cincinnati market. The area boasts strong demand generators, including King's Island, major sports teams, and the Creation Museum, alongside a substantial corporate presence, including seven Fortune 500 companies and Amazon Air's World AirHub. Cincinnati's attractive business environment, including low state income taxes and corporate incentives, further enhances the property's value. The hotel's interior corridor design and existing infrastructure provide a solid foundation for potential conversion opportunities with attractive incentives from Choice and Best Western. This turnkey asset offers a savvy investor the chance to leverage the hotel's existing infrastructure and strong location to maximize returns through active management and potential brand affiliation changes. The asking price is $5,500,000.

Location Insight

City
Cincinnati
County
Warren
State
Ohio
Latitude
39.3009
Longitude
-84.3028
CBSA code
17140
CBSA name
CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$115,611
$110,702
$1,421,945
$1,532,647
-
$316,290
$4,062,700
$4,378,990

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].