For Sale
Call for price

8 Perimeter ParkBirmingham, AL 35243

204-key hotel, prime Birmingham location. Strong cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents the 204-key DoubleTree by Hilton Birmingham Perimeter Park hotel. Strategically situated at the intersection of Interstate 459 and Highway 280, this fee-simple, unencumbered property boasts strong in-place cash flow and significant upside potential. Located in a thriving Birmingham submarket, the hotel benefits from a diverse and growing population, a robust economy, and a business-friendly environment. The property's location within one of Birmingham's key suburban interchanges places it near a substantial office market (nearly 6 million square feet), prominent office tenants, healthcare facilities, educational institutions, and major retailers. Its convenient access to downtown Birmingham, Birmingham-Shuttlesworth International Airport, and surrounding areas further enhances its appeal. The hotel offers maximum operational and financing flexibility for the new owner, presenting a compelling opportunity for significant return on investment. This is a rare chance to acquire a top-performing hotel in a dynamic and desirable market. The absence of existing management agreements and debt provides complete operational control and financing options.

Highlights

  • 204-key DoubleTree by Hilton hotel in Birmingham, Alabama.
  • Fee-simple ownership with no management or debt encumbrances.
  • Strong cash flow with upside potential.
  • Strategically located near I-459 and Highway 280, in Birmingham's largest office market.
  • Close proximity to major employers, healthcare facilities, educational institutions, and retail.
  • Convenient access to downtown Birmingham and Birmingham-Shuttlesworth International Airport.

Property Details for 8 Perimeter Park

Property type
Hospitality properties, Hotels

Location Insight

City
Birmingham
County
Jefferson
State
Alabama
Latitude
33.4373847
Longitude
-86.7261164
8 Perimeter Park, Birmingham, Alabama

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8 Perimeter Park
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