- For Sale $20,000,000
- Property Type Retail
- Property Size 126,324 SF
- Year Built 1972
- Date Updated Sep 7, 2026
Highlights
- 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.
- Diversified Demand Drivers: Benefits from corporate, healthcare, convention, leisure, and government demand, reducing reliance on any single market segment.
- 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.
- Operational Underperformance Creates Opportunity: Current NOI is disproportionately low relative to revenue, indicating significant upside through improved management and cost controls.
- Revenue Base Supports Repositioning: TTM revenue exceeding $7M demonstrates strong underlying demand despite operational underperformance and brand misalignment.
- Riverfront Gateway Location: Prime waterfront location in Covington with direct access to downtown Cincinnati, the convention center, and regional transportation networks.
- This property is presented under license agreement with Huff, Niehaus & Associates, Louisville, Kentucky**
False
Contacts
Lauren D’Souza-Faze
Laurel Real Estate
Errol D’Souza
Laurel Real Estate
Location
Located at 668 W 5th St, Covington, KY 41011, this property is part of the Covington Central Business District neighborhood and Cincinnati market.
Contact Radisson Cincinnati Riverfront