Portfolio of properties for Sale - Rockside Corridor
Embassy Suites Cincinnati Rivercenter- 10 E Rivercenter Blvd, Covington, KY 41011
The 227-key Embassy Suites by Hilton Cincinnati RiverCenter was constructed in 1990 (renovated in 2018) and is located at 10 E RiverCenter Blvd in Covington, KY. The Hotel is well-maintained, with over $5.1 million in capital improvements completed by ownership since 2017. The Hotel is offered significantly below replacement cost in a growing urban market, benefiting from durable concrete-and-steel construction, structured parking, and direct access to diverse corporate, leisure, and group demand. Located adjacent to over $5 billion in transformative public and private investment – including the $3.6 billion Brent Spence Bridge corridor expansion, the 23-acre, $500 million Central Covington Riverfront Redevelopment, and the $1 billion Ovation development – the Hotel is well-positioned for long-term growth. Further upside exists through a more localized management approach and a change-of-ownership PIP, offering meaningful opportunities to enhance RevPAR performance and expand NOI margins.
Embassy Suites Cleveland Rockside- 5800 Rockside Woods Blvd N, Independence, OH 44131
The 271-key Embassy Suites Cleveland Rockside was constructed in 2001 and underwent a comprehensive renovation in 2019. Since 2017, ownership has invested $7.3 million ($27K/key) in capital improvements, reflecting the Hotel’s well-maintained condition. Located at 5800 Rockside Woods Blvd in Independence, OH, the Hotel is strategically positioned at the I-480 and I-77 interchange on an expansive 6.29-acre parcel in the heart of one of suburban Cleveland’s most prominent business hubs – home to over 2,700 businesses and 28,000 employees within a two-mile radius. It is adjacent to Kent State University’s College of Podiatric Medicine, a nationally recognized graduate institution serving over 450 students annually. The Hotel achieved a $95.87 RevPAR in TTM April 2025, marking a 16.4% increase from TTM April 2023. With no new supply in the immediate area and significant upside through a more localized management approach, targeted sales efforts, and a post-PIP refresh, the Hotel offers an attractive investment opportunity at a significant discount to replacement cost.
Embassy Suites Columbus Dublin- 5100 Upper Metro Pl, Dublin, OH 43017
The Embassy Suites Columbus-Dublin is located at 5100 Upper Metro Place, in Dublin, Ohio, one of the most affluent suburbs within the greater Columbus region. Featuring 284 keys contained in a concrete and steel built hotel, the Hotel, which was originally built in 2000, has received more than $5.5 million in capex since 2017 including a comprehensive $3.7 million renovation in 2019. The Hotel, which spans a massive 326,500 square feet on approximately 6.5 acres, is offered well below replacement cost. Known as one of the top performing hotels in the market, the Hotel has achieved 4 years of consistent RevPAR growth and currently produces more than $13.3 million of Revenue supported by a stellar 126.3% RevPAR index against its competitive set. A new owner will have the ability to capitalize on the Hotel’s strong cash flows immediately upon sale.
