Holiday Inn Express * Cincinnati, OH area * Close to Newport Aquarium and Northern Kentucky University

Kentucky, United States

$8500000

Sale conditions: Market

Snapshot

Active

Ownership: Fee Interest
Type: Hotel
Sub Type: Limited Service
Chain / Market Scale: Midscale
Brand: Holiday Inn Express
Corridor: Interior
No. of Keys: 73

Ideal location near multiple demand generators, including Cincinnati convention center and sports arenas, Newport Aquarium, and Northern Kentucky University (15,000+ students).

Part of the fast-growing Cincinnati metro area: Cincinnati sports alone generated $550 million of economic impact in 2022.

Noteable revenue increase as the Cincinnati market has grown: August 2023 TTM Revenue increased 38.8% over FY2021 Revenue.

Despite strong performance, STAR reports reflect an opportunity to up-level occupancy, ADR, and RevPAR.

**This property is presented under license agreement with Huff, Niehaus & Associates, Louisville, Kentucky**

Highlights:

General Property Information


Property Name:
Property Type: Hotel
Property Sub Type: Limited Service
Chain / Market Scale: Midscale
Brand: Holiday Inn Express
Corridor: Interior
Keys: 73
Building Status: Existing
No. of buildings: 1
Stories: 3
Meeting Space: 1364 SF
Parking Type: Surface
Parking Spaces: 90
Construction Type: Wood Frame
Year Build: 2007
Year Renovated: 2017
Room Inventory Description:

Address: 110 Landmark Drive, Bellevue, KY 41073
Units: 73
Unit Types: 27 Queen (344 square feet), 22 King (315 square feet), 5 Queen Suites (326 square feet), 19 King Suites (379 square feet), 4 ADA Rooms (438 square feet)
Buildings & Stories: 1 building, 3 stories
Amenities: Indoor pool, fitness center, meeting rooms, elevator
Corridors: Interior
Year Built: 2007
Year Renovated: 2019
Land Area: 2.155 acres
Construction: Wood
Heating & Cooling: Individual PTAC units
Roof: Pitched, Shingled
Parcel Number: #999-99-07-578.00 (Campbell County)

Common area amenities:

Other

Exercise Room

Indoor Pool

Source of Business:

Other

Corporate

Leisure

Commercial

Additional Links:

Location


Country: United States
State: Kentucky
Postal Code:
APN/Parcel ID:
Location Type:
Location Overview:

Brokers

Errol Anthony D'Souza, CHB

President, Principal Broker
Laurel Real Estate Company

FL #BK3479090
OH #BRK.2002016764

740 965 1966
edsouza@laurelsales.com


Lauren D'Souza

Senior Associate
Laurel Real Estate Company


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