9369 Waterstone Blvd, Cincinnati, OH 45249-8218
- Warehouses
- 8,690 SF
- 1.86 lot acres
Current Use by Public Records
- Hawthorn Extended Stay by Wyndham Cincinnati NE/Mason / Hotel & Motel
Property Details for 9369 Waterstone Blvd
- Year built
- 1998
- Construction
- FRAME
- Lot size
- 1.86 lot acres
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 16-26-252-002-0
- APU
- 16262520020
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 3, 2026 | $4,900,000 | Dinadam Hospitality INC | Quadrant Waterstone LLC | Warranty Deed | $3.7M · East National Bank |
| Jul 25, 2019 | $4,462,500 | Quadrant Waterstone LLC | Oh 16 Fo 9369 Waterstone Property L | Limited Warranty Deed | $4.1M · Fort Knox FCU |
| Sep 18, 2014 | $6,432,000 | Oh 16 Fo 9369 Waterstone Property L | Cip II Buckeye Hotel Landlord LLC | Limited Warranty Deed | $110M · Jpmorgan Chase Bank NA |
| Jun 7, 2012 | $4,293,305 | Cip II Buckeye Hotel Landlord | Ozre Lodging LLC | Grant Deed | $85M · Wells Fargo Bk |
| Jun 7, 2012 | $3,437,900 | Cip II Buckeye Hotel Landlord LLC | Ozre Lodging I LLC | Limited Warranty Deed | $85k · Wells Fargo Bank NA |
| Apr 20, 2005 | $3,399,568 | Ozre Lodging I LLC | Jg Deerfield Hotel South Ltd | Grant Deed | — |
| Apr 20, 2005 | $4,270,500 | Ozre Lodging I LLC | Jg Deerfield Hotel North Ltd | Grant Deed · related | $52.9M · Column Fin'l |
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.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $997,000
Market price range: $292k - $998k -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $540,000 Current use
- MEDICAL BUILDING
- $1,010,000 Change: +88% Conversion: Difficult
- OFFICE BUILDING
- $920,000 Change: +71% Conversion: Difficult
- RETAIL STORES
- $835,000 Change: +55% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $770,000 Change: +43% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $755,000 Change: +40% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Warren
- State
- Ohio
- Longitude
- -84.3028
- Latitude
- 39.3009
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
