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12001 Chase Plaza DrCincinnati, OH 45240
SpringHill Suites (North/Forest Park)
Asset ClassHotel & Hospitality
# Keys: 124Year Built: 1991Access Data Room
Value-Add Marriott Opportunity in Cincinnati Northwest
overview of deal

Overview

NewGen Advisory is pleased to present the SpringHill Suites by Marriott Cincinnati North/Forest Park, a 124-room, 6-story upscale hotel located directly off I-275 near the I-75 interchange in the Cincinnati Northwest submarket. The offering combines a stable, in-place revenue base with a clear path to value creation.

 

The hotel is currently third-party managed and has delivered steady performance, supported by a diverse mix of suburban corporate, logistics, and leisure demand from GE Aviation, the Sharonville Convention Center, Jungle Jim's International Market, Kings Island, and the Cincinnati Zoo.

 

Completing the PIP and pairing the asset with a hands-on operating partner positions a new owner to capture meaningful RevPAR growth. The submarket's Upscale & Upper Midscale tier posted $86.21 RevPAR over the trailing twelve months in August 2026, up 5.2% year-over-year, with just 96 rooms under construction, providing a favorable backdrop for a refreshed, well-operated SpringHill Suites to reclaim rate and market share.

Investment Highlights

  • 124-room Premium Marriott Branded asset. An all-suite SpringHill Suites backed by Marriott Bonvoy's loyalty base and global distribution. Listed at 3.7x RRM.
  • Diverse Demand Generators. Nearby draws include Sharonville Convention Center, Spooky Nook Sports, Kings Island, and the Cincinnati Zoo.
  • Interstate Location. The hotel sits directly off I-275, a 20-minute drive from downtown Cincinnati.
  • Value-Add Upside. Post renovations can position the asset to capture RevPAR growth and a rate premium over its competitive set.
  • Attractive Basis. At about $74K per key, pricing sits well below the $88.9K upscale submarket average.
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12001 Chase Plaza DrCincinnati, OH 45240

Sales Team

Ryan J BodineSenior Vice President

License #: AZ - BR661940000 | UT - 11605059-PB00

(480) 236-9918ryan.bodine@newgenadv.com
Suraj RamaAssociate

License #: AZ#SA705370000

(602) 363-9589suraj.rama@newgenadv.com
Thomas D'AmicoDesignated Broker

License #: OH BRKP.0000177678

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