8 Perimeter Park Birmingham, AL 35243

Property Details for 8 Perimeter Park

Year built

1984

Construction

TYPE NOT SPECIFIED

Lot size

5.20 lot acres

Property size

55,081 SF

Zone code

C1

Property type

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.