9369 Waterstone BlvdCincinnati, OH 45249
- Warehouses
- 8,690 SF
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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