11689 Chester Rd Cincinnati, OH 45246-2803

This exceptional 144-key Sonesta ES Suites hotel presents a compelling investment opportunity. Located in Cincinnati, Ohio, at 11689 Chester Rd, 45246, this two-story, fee-simple property sits on 7.94 acres and boasts a prime location just fifteen miles northwest of downtown Cincinnati, directly off the I-75 & I-475 Interchange. Built in 1985 and extensively renovated in 2022, the hotel offers strong historical revenues, exceeding $2.5 million in 2023. Currently operating at 55.69% occupancy, this absentee-owned and managed property offers significant upside potential for a hands-on owner-operator seeking to optimize operational efficiency and reduce expenses. The hotel benefits from its proximity to major demand generators, including King's Island, the Cincinnati Bengals & Reds, The Creation Museum, and a substantial corporate presence, including five Fortune 500 companies and Amazon Air's World AirHub. The Cincinnati metropolitan area's robust economy, attractive tax incentives, and skilled workforce contribute to the hotel's long-term viability. The property will be delivered unencumbered of management and is expected to require minimal capital expenditures post-acquisition. This presents a rare chance to acquire a well-positioned, renovated hotel in a thriving market with considerable potential for increased profitability.