8 Perimeter S Park, Birmingham, AL 35243-2326
- Hotels
- 55,081 SF
- 5.20 lot acres
Current Use by Public Records
- BJCC / Theater & Performing Art Venue / Music Venue
- Amazon Locker - Superiority / Postal Service / Courier Service
- The Dinner Detective Murder Mystery Dinner Show - Birmingham, Alabama / Restaurant / Theater & Performing Art Venue
- baptist church / Church / Mosque
- sports plex / Temple
Property Details for 8 Perimeter S Park
- Year built
- 1984
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 5.20 lot acres
- Zone code
- C1
- Property type
- Hotels
- APN
- 28-00-26-3-000-007.002
- APU
- 2800263000007002
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 17, 2016 | $11,001,000 | Phg Birmingham Perimeter Park | Noble I Birmingham LLC | Warranty Deed | — |
| Aug 17, 2016 | — | Perimeter Park Birmingham Phg | — | Deed · related | $18.2M · Bank Independent |
| Sep 26, 2007 | — | Noble I Birmingham LLC | Owner Name Unavailable | Grant Deed · related | — |
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.
Value Estimations
-
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $7,905,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $11,105,000 Change: +40% Conversion: Difficult
- MEDICAL BUILDING
- $9,805,000 Change: +24% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $9,655,000 Change: +22% Conversion: Difficult
- OFFICE BUILDING
- $9,210,000 Change: +16% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $8,870,000 Change: +12% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.7261
- Latitude
- 33.4373
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
