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Limited-Service Hotel with Repositioning
For Sale
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9365 Waterstone Boulevard, Cincinnati, OH 45249

Operating as an independent hotel near major interstates with performance below franchised hotels and adaptive reuse potential.

Property SizeContact for details
Days on Market151

Property Features for 9365 Waterstone Boulevard

General Information

Standard status Active
Property subtype Hospitality

Additional Details

Business Included Yes
Highway Access Yes

Building Details

Year Built 1998
Year Renovated 2013
Stories 4
Listing Agency: Amber Hotel Company
Listed By: Steve Post · License #01219756
Source: Crexi
Added: Apr 10 Changed: Sep 3 Last Checked: Sep 7 at 2:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Amber Hotel Company

Investment Insights

Based on property information with market context.

The Kings Inn & Suites is a limited-service hotel currently operating as an independent property after previously being affiliated with the Marriott brand. The asset is described as performing approximately 49.5% below its competitive set of franchised hotels. The ownership is presented as absentee, with the opportunity outlined for improvement through experienced, hands-on management and potential brand affiliation.

The property is located at 9365 Waterstone Boulevard in Cincinnati, Ohio, with convenient access to Interstate 71 and Interstate 275. The remarks place the hotel within about twenty minutes of downtown Cincinnati and in the Northeast Cincinnati submarket, with proximity to major retail, dining, and corporate demand drivers.

In addition to hotel operations, the remarks state the structure’s flexible design and layout could support alternative uses, including extended stay, senior or assisted living, or traditional multifamily housing. Under stabilized operations and appropriate brand affiliation, the property is projected in the offering materials to generate approximately $1.4 million in annual revenue.

Key Highlights

  • Kings Inn & Suites, built in 1998, operating as an independent hotel in Cincinnati, OH
  • Formerly affiliated with a Marriott brand; currently operating under absentee ownership
  • Access to Interstate 71 and Interstate 275; about 20 minutes from downtown Cincinnati

Property Analytics

Current Use

King's Inn & Suites, ... Hotel & Motel 9365 Waterstone Blvd. ... Parking Lot & Garage Kings Inn & Suites ... Hotel & Motel Sports express Gym & Fitness Center

Suggested Use

Top Pick HVAC Service Dental Office Storage Facility Electrical Service Kitchen & Bath Showroom Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

914
Businesses Nearby

Demographics for 45249, OH

14,005
Population
5,740
Households
2.4
Avg Household Size
40
Median Age
71%
College-Educated
97%
High-School Grad
6.8 sq mi
ZIP Area
2,060
Density / Sq Mi
$107,227
Median Household Income
$68,477
Median Earnings
$1,476
Median Rent
$484,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Operating as an independent hotel near major interstates with performance below franchised hotels and adaptive reuse potential.
Where is this hotel located?
The property is located at 9365 Waterstone Boulevard Cincinnati, OH.
What are key features of this property?
This property features: Kings Inn & Suites, built in 1998, operating as an independent hotel in Cincinnati, OH; Formerly affiliated with a Marriott brand; currently operating under absentee ownership; Access to Interstate 71 and Interstate 275; about 20 minutes from downtown Cincinnati
(818) 851-3304 Call to check price and availability
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