Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Theater & Performing Art Venue Music Venue
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Postal Service Courier Service
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Restaurant Theater & Performing Art Venue
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Church Mosque
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Temple
Location
Value estimations
Owner & transaction history
Zoning & alternative use
1. Neighborhood Commercial (C-1) District. The neighborhood commercial district is designed to allow for areas of neighborhood retail and services that meet the day-to-day needs of residents and workers of sur rounding n…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
C1 · Birmingham, AL1. Neighborhood Commercial (C-1) District. The neighborhood commercial district is designed to allow for areas of neighborhood retail and services that meet the day-to-day needs of residents and workers of sur rounding n…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
1. Neighborhood Commercial (C-1) District. The neighborhood commercial district is designed to allow for areas of neighborhood retail and services that meet the day-to-day needs of residents and workers of sur rounding n…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C1 in Birmingham, AL.
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