Radisson Cincinnati Riverfront

668 W 5th St, Covington, KY 41011

Property Information

  • 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**

Contacts

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
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