DEAL OVERVIEW

 

Hunter Hotel Advisors is pleased to offer, on an exclusive basis, the opportunity to acquire three institutionally owned and third party managed Extended Stay America hotels located in Lexington, KY and Cincinnati, OH. Spanning across markets with numerous demand drivers, the portfolio presents a unique opportunity to establish a well-diversified presence in the high demand extended stay hotel market. The properties are institutionally owned and managed, providing an excellent opportunity for regional operators to drive additional value through a revamped management strategy. The extended stay segment has proven to be an attractive sector due to its lean operating model, high yield, and consistent profitability driven by a diverse customer base and increased average length of stay.

 

Property Address Keys Year Built
Extended Stay America Lexington - Nicholasville Road 2650 Wilhite Dr, Lexington, KY 40503 126 1996
Extended Stay America Lexington - Tates Creek 3575 Tates Creek Rd, Lexington, KY 40517 72 1987
Extended Stay America Cincinnati - Blue Ash - Reagan Hwy 4260 Hunt Rd, Cincinnati, OH 45242 72 1991