Hawthorn Extended Stay by Wyndham Cincinnati 11180 Dowlin Dr 72 Room Hotel Cincinnati, OH 45241 $6,700,416 CAD ($93,061 CAD/Room)

OwnerLand Realty, as the exclusive representative of the seller, is pleased to offer for sale the Hawthorn Extended Stay by Wyndham Cincinnati/Sharonville (“Hotel” or “Property”), a 72-suite, 2.5-star extended-stay hotel located in Springdale, Ohio. This award-winning property presents a compelling investment opportunity in the thriving extended-stay segment, benefiting from strong Wyndham brand recognition, a strategic location near major transportation arteries and demand generators, competitive pricing, and a robust local economy. The Property offers investors the potential for strong cash flow and appreciation through strategic enhancements and revenue optimization.
Investment Highlights:
• Strong Brand Recognition: Affiliation with the Wyndham brand and its Wyndham Rewards loyalty program (112+ million members) provides a competitive advantage, driving customer retention and direct bookings.
• Extended Stay Focus: Capitalizes on the growing extended-stay market with spacious suites and fully equipped in-suite kitchens.
• Competitive Pricing: Offers attractive rates compared to other hotels in the Sharonville area, appealing to budget-conscious travelers.
• Convenient Location: Prime location near I-75 and I-275 provides easy access to the Sharonville Convention Center, downtown Cincinnati, major corporations, healthcare institutions, universities, and popular attractions.
• Strong Market Demand: Situated within the dynamic Cincinnati MSA, the Property benefits from a diverse economy, corporate presence, and proximity to major healthcare, educational, and entertainment venues, ensuring consistent demand.
• Ongoing Development: The surrounding area is experiencing significant growth, including the City Center Springdale project and the expansion of Springdale Commerce Park, further enhancing the property's long-term value.
• Attractive Nearby Amenities & Attractions: Proximity to Cincinnati Children's Hospital, The Christ Hospital, Xavier University, University of Cincinnati, Cincinnati State, Cincinnati Zoo, Great American Ball Park, Paycor Stadium, Glenwood Gardens, and other attractions drives leisure and business travel demand.
• Attractive Investment Opportunity: The projected 13.1% capitalization rate in year 2 offers investors a compelling opportunity for a higher return on investment and maximized cash flow.
Property Overview:
The Hawthorn Extended Stay by Wyndham Cincinnati/Sharonville features 72 suites across three floors, each equipped with:
• Fully equipped kitchen
• Free WiFi
• 42-inch flat-screen TV
• Shower/tub combination
• Free toiletries
• Hair dryer
Amenities:
• Complimentary hot breakfast buffet
• Fitness center
• Business center
• Indoor heated pool
• Free parking (including RVs, buses, and trucks)
• Guest laundry facilities
• Dry cleaning service
• 24-hour front desk
• Housekeeping on request
• Coffee/tea in common area
• Computer station
• Laundry services
• Self-serve laundry
• Conference space
• Picnic area
• Barbecue grills
• Wheelchair-accessible parking
Location Overview:
Springdale, Ohio, within the Cincinnati MSA, offers a balanced environment with convenient access to major employment centers, healthcare facilities, universities, and entertainment destinations. Key demand generators include:
• Major corporations in healthcare, finance, manufacturing, and logistics.
• Cincinnati Children's Hospital Medical Center and The Christ Hospital.
• Xavier University, University of Cincinnati, and Cincinnati State.
• Cincinnati Zoo, Great American Ball Park, and Paycor Stadium.
• Glenwood Gardens.
• City Center Springdale project.
• Springdale Commerce Park.
Transportation:
The Property is easily accessible via I-75 and I-275 and is near:
• Hamilton, OH (HAO-Butler County Regional)
• Cincinnati, OH (LUK-Cincinnati Municipal - Lunken Field)
• Cincinnati-Northern Kentucky Int'l Airport (CVG)
• Cincinnati Union Terminal
Potential Opportunities:
• Renovation and Upgrades: Enhance the property through strategic renovations of rooms and common areas.
• Marketing and Revenue Management: Optimize pricing and increase revenue using Wyndham's resources.
• Expanding Amenities: Consider adding amenities like an outdoor pool or in-suite workspaces.