MCR Acquires Cincinnati Hilton Garden Inn

The firm will also manage the 88-key Hilton Garden Inn Cincinnati Northeast, which features a fully equipped fitness center, a 24-hour business center and an indoor pool.
Hilton Garden Inn Cincinnati Northeast, Loveland, Ohio

MCR has purchased and will manage the Hilton Garden Inn Cincinnati Northeast, located in Loveland, Ohio.

Situated at 6288 Tri Ridge Blvd., at the center of the Northeast Cincinnati Business corridor, the 88-key hotel offers guestrooms with Garden Sleep System beds and ergonomic workstations, a fully equipped fitness center, a 24-hour business center, an indoor pool, a 24-hour convenience store, free Wi-Fi, two meeting rooms that can host up to 80 people, the Garden Grille and Bar and a Pavilion Lounge cocktail bar. The property is 20 miles from downtown and is within close proximity to the Loveland Bike Trail, Oasis Golf and Conference Center, an 18-hole course and wedding venue; as well as Kings Island, the largest amusement and water park in the Midwest.

“We are pleased to make this investment in suburban Cincinnati, where MCR has successfully invested in the past,” said MCR’s CEO & Managing Partner Tyler Morse, in a prepared statement. “This property is poised to benefit from Greater Cincinnati’s growing economy and is another example of our ability to identify and acquire an undervalued asset with significant return potential.”

Image courtesy of MCR