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Covington, KY Hotels for Sale

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Hotel with Rebranding Potential
Updated: Nov 2
Hotel with Rebranding Potential

668 West 5th Street, Covington, KY 41011

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Hotel at 668 West 5th Street in Covington, Kentucky
Potential brand directions include Hard Rock, Hyatt, or Hilton
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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1 active listing matches your search: Hotel for sale in Covington, KY. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 off-market properties to explore as potential leads.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

49-Key Interior Corridor Hotel
49-Key Interior Corridor Hotel

40 New Garver Rd., Monroe, OH 45050

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21,116 sqft  Built 1993 / renov 2024
Highway access

Baymont by Wyndham Monroe offers 49 keys in an interior corridor configuration and recently renovated under the Wyndham PIP.

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55-Room Two-Story Hotel
55-Room Two-Story Hotel

150 North Garver Road, Monroe, OH 45050

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2-story

Two-story hospitality asset serving business and leisure travelers in the Cincinnati-Dayton corridor.

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124-Room SpringHill Suites Hotel
124-Room SpringHill Suites Hotel

12001 Chase Plaza Drive, Cincinnati, OH 45240

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1 building  6-story  Renovated 2009
Highway access

A six-story branded hotel near the I-275 and I-75 interchange, with renovation and Marriott PIP work ahead.

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Holiday Inn Express
Holiday Inn Express

5311 Hetzell Ave, Cincinnati, OH 45227

Madisonville
Contact for pricing
50,000 sqft  Built 2017

50,000 SF Holiday Inn Express – Cincinnati, OH, 93 units

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Off-Market Properties in Covington, KY

Consider similar Off-Market properties in Covington, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1937 Dixie Hwy
HOTEL

1937 Dixie Hwy, Ft Wright, KY 41011-2607

Estimated value:
$2,600,000
18,621 sqft 2.16 AC lot
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420-422 Madison Ave
HOTEL

420-422 Madison Ave, Covington, KY 41011

Estimated value:
$360,000
7,200 sqft 0.06 AC lot
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502 3rd St
HOTEL

502 3rd St, Covington, KY 41011

Estimated value:
$560,000
1.67 AC lot
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626 5th St, Unit 42
HOTEL

626 5th St, Covington, KY 41011-1212

Unit 42
Estimated value:
$575,000
1.98 AC lot
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Covington, KY Hotels Market Trends and Statistics

Explore 5 hotels for sale in Covington, KY on our real estate platform.

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Demographics Overview

Population 130K
Population Growth (5Y) +1.5%
Median Household Income $76,910
College Educated 34.8%

Taxes & Financing

Tax Rate (average for all types) 1.26%
Property Tax per SF $7.10 per SF
Tax Rate vs County Average 0.15 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Covington fall within the 10,000 to 25,000 square foot range.

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