Sonesta ES Suites Cincinnati – Sharonville West

Cincinnati, Ohio

The Opportunity

We are proud to exclusively present the 144-room Sonesta ES Suites Cincinnati-Sharonville West. The hotel is conveniently located fifteen miles northwest of downtown Cincinnati directly off of the I-75 & I-475 Interchange. The hotel is centrally located within the Cincinnati metro area and provides exceptional service to the northern Cincinnati market. Cincinnati is an ideal location for families and business travelers alike. The city boasts large world-renowned demand generators such as King’s Island, the Cincinnati Bengals & Reds, and The Creation Museum, but is also home to a massive corporate presence with five fortune five hundred companies and is home to Amazon Air’s World AirHub. The city’s excellent location and transportation system along with low state income taxes, major corporate incentives, and a well educated and skilled labor force has led to Cincinnati continuously being an attractive place for corporations relocate and flourish.

The hotel is currently absentee owned and will be delivered unencumbered of management. The hotel is expected to have a minimal PIP upon transfer from the franchise. This asset presents an excellent opportunity for a hands-on owner operator to benefit from a hotel with strong historical revenues in a great market while increasing bottom line through reduction in labor costs and expenses.

Property Highlights

Number of Rooms 144
Number of Buildings 20
Number of Stories 2
Year of Construction 1985
Lot Size 7.94 Acres
Parking Ample

Investment Highlights


  • Rare Opportunity for Extended Stay Hotel in Cincinnati MSA with Strong Existing Revenues
  • 15 Miles from Downtown Cincinnati
  • Located Near Multiple Major Demand Generators- Corporate & Leisure
  • Absentee Owned- Upside Opportunity Through Hands on Management
  • Cincinnati MSA- Major Logistics Hub


  • King’s Island Amusement
  • Cincinnati Childrens Hospital
  • Linder Family Tennis Center – Western & Southern Open
  • ARC Encounter/Creation Museum
  • Great American Ballpark / Paycor Stadium
  • University of Cincinnati / Xavier University


  • Procter & Gamble
  • GE Aviation
  • Kroger
  • Cintas
  • Western & Southern Financial
  • Fifth Third
  • Amazon Air World AirHub


Market Overview

The Sharonville/Blue Ash submarket comprises 8,100 hotel rooms spread across 71 properties. Sharonville/Blue Ash is characterized by larger hotels, with an average property size of 113 rooms. That’s even higher than the 105 room per building market average, and easily above the national norm of about 90 rooms per building.

With trailing 12-month occupancies at 56.6%, Sharonville/Blue Ash is within striking distance to the market average of 59.3% for the same period.

Twelve-month RevPAR in the Sharonville/Blue Ash hotel submarket was essentially flat year-over-year as of March. The situation looks a bit better when zooming out to the broader market, where RevPAR is in the green, albeit modestly.

The pipeline is active in the Sharonville/Blue Ash submarket, and around 390 rooms (spread across several projects) are currently under construction. While this is not the only construction the submarket has seen in recent memory, it does represent a turnabout from the overall trend. Specifically, the inventory has contracted over the past three years, as demolition activity has outpaced new construction.

Sharonville/Blue Ash recorded 3 hotel trades closed during the past twelve months, considerably below the typical number of trades in a given year. A similar story is playing out nationally.

Photo Tour


Brokerage team

Ford C. Barton

C: 704 906 4630
Lodging Partners

Andrew Bankhurst

C: 216 906 2944
Charles Hart Hospitality Group

Alex Fifner

C: 440 666 4109
Charles Hart Hospitality Group

Sonesta ES Suites Cincinnati – Sharonville West

Cincinnati, Ohio

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