Radisson Cincinnati Riverfront • $7.6M TTM Revenue • Turnaround Opportunity

Kentucky, United States

$20000000

Sale conditions: Market

Snapshot

Active

Type: Hotel
Sub Type: Full Service
Chain / Market Scale: Upscale
Corridor: Interior
No. of Keys: 220
Site Size: 2.9 AC

Institutional Scale Full Service Asset: 220-room, full-service hotel with substantial meeting and banquet facilities, multiple F&B outlets, and extensive back-of- house infrastructure.
Approved DoubleTree Conversion: Hilton brand approval is already secured, providing a clear, de-risked path for repositioning with an established brand and global distribution platform.
Revenue Base Supports Repositioning: TTM revenue exceeding $7M demonstrates strong underlying demand despite operational underperformance and brand misalignment.
Operational Underperformance Creates Opportunity: Current NOI is disproportionately low relative to revenue, indicating significant upside through improved management and cost controls.
Diversified Demand Drivers: Benefits from corporate, healthcare, convention, leisure, and government demand, reducing reliance on any single market segment.
Riverfront Gateway Location: Prime waterfront location in Covington with direct access
to downtown Cincinnati, the convention center, and regional transportation networks.

Highlights:

General Property Information


Property Name:
Property Type: Hotel
Property Sub Type: Full Service
Chain / Market Scale: Upscale
Corridor: Interior
Keys: 220
Building Status: Existing
No. of buildings: 1
Stories: 18
Site size: 2.9 AC
Construction Type: Masonry
Year Build: 1972
Year Renovated: 2017
Room Inventory Description:

The Radisson Cincinnati Riverfront presents an opportunity to acquire an institutional-scale full-service hotel whose current financial performance materially understates its underlying revenue potential. Ownership conflict, operational
inefficiencies, and brand misalignment have created a disconnect between existing demand and current profitability. The approved DoubleTree by Hilton conversion establishes a defined path toward repositioning and operational stabilization.

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

Common area amenities:

Other

Business Center

High Speed Internet

Breakfast Area

Exercise Room

Indoor Pool

Lounge

Restaurant

Source of Business:

Other

Group

Corporate

Leisure

Commercial

Additional Links:

Location


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

3rd Party Website



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-Faze

Vice President
Laurel Real Estate Company

FL #BK3636431
OH #SAL.2022006112

380 799 6608
lauren.dsouza@laurelsales.com


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