8 Perimeter ParkBirmingham, AL 35243

Property Details for 8 Perimeter Park

Year built

1984

Construction

TYPE NOT SPECIFIED

Lot size

5.20 AC

Property size (Sq ft)

55,081 SF

Zone code

C1

Property type

Hospitality properties

Property subtype

Hotels

APN

28-00-26-3-000-007.002

APU

2800263000007002

Description

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.

Location Insight

City

Birmingham

County

Jefferson

State

Alabama

Latitude

33.4373

Longitude

-86.7261

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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