Contacts
Laurel Real Estate
Laurel Real Estate
Property Details
- Property Type Retail
- Property Size 126,324 SF
- Year Built 1972
- Date Updated Sep 24, 2026
Reach out to the broker for more info on lease terms and amenities
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**
Getting around
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81/100
Walk Score ®
-
43/100
Transit Score ®
-
61/100
Bike Score ®
Location
- City Covington, KY
- Neighborhood Covington Central Business District
- Zip Code 41011
- Market Cincinnati
Points of Interest
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Columbia Sussex
4.56 miles
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Main Terminal
7.54 miles
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Concourse A
7.58 miles
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Concourse B
7.62 miles
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Speedway
0.06 miles
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BP
0.09 miles
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Circle K
0.38 miles
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Marathon
0.53 miles
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Shell
1.97 miles
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Kroger
2.16 miles
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Tesla Destination Charger
6.15 miles
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Tesla Supercharger
8.19 miles
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Rivercenter Parking Entrance
0.60 miles
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Transit Center Garage
0.61 miles
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Public Landing
1.24 miles
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Parking Lot (Beechwood Swim Club)
3.34 miles
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Lot L
4.65 miles
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Lot K
4.73 miles
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Furniture Fair Park & Ride
5.69 miles
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Erlanger Municipal Center Parking
6.35 miles
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Airport Viewing Area
7.01 miles
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Ready Return
7.66 miles
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Frisch's Big Boy
0.11 miles
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Wendy's
0.11 miles
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Riverfront Pizza
0.12 miles
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Waffle House
0.12 miles
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Skyline Chili
0.12 miles
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Burger King
0.13 miles
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Mexican Restaurante y Taqueria El Valle Verde
0.13 miles
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Chipotle
0.14 miles
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Gold Star Chili
0.15 miles
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McDonald's
0.16 miles
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Kroger
1.13 miles
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Save-A-Lot
1.31 miles
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Riverside Marketplace
1.47 miles
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ALDI
1.96 miles
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Big Lots
2.24 miles
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Kroger Marketplace
2.32 miles
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Fresh Thyme
2.34 miles
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Target
2.34 miles
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TJ Maxx
2.47 miles
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Burlington
2.98 miles