811 Old Grants Ml Rd, Irondale, AL 35210-1233
- Motels
- 30,256 SF
- 4.65 lot acres
Current Use by Public Records
- Motels
Property Details for 811 Old Grants Ml Rd
- Year built
- 2002
- Lot size
- 4.65 lot acres
- Zone code
- C1
- Property type
- Motels
- APN
- 23-00-24-4-004-006.001
- APU
- 2300244004006001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 22, 2025 | $10,000,000 | Vivek & Zeel LLC | Empire Birmingham LLC | Warranty Deed | $8M · Alabama Credit Union |
| Sep 6, 2022 | $7,850,000 | Empire Birmingham LLC | Star Hospitality LLC | Warranty Deed | $6.1M · Priorityone Bank |
| Dec 15, 2017 | — | Star Hospitality LLC | — | Deed · related | $2.1M · Private Individual |
| Oct 20, 2016 | $5,515,000 | Star Hospitality LLC | Eastwood Motel INC | Warranty Deed | $3.2M · American Commerce Bank |
| — | — | Eastwood Motel INC | — | Deed Of Trust · related | $2M · Access Point Financial INC |
| — | — | Eastwood Motel INC | — | Deed Of Trust · related | $4.4M · Renasant Bk |
| — | — | Eastwood Motel INC | — | Deed Of Trust · related | $5.4M · Ge Cap Franchise Fin |
| — | — | Eastwood Motel INC | — | Deed Of Trust · related | $5.4M · Ge Cap Franchise Fin |
| — | — | Star Hospitality LLC | — | Deed Of Trust · related | $2.1M · Private Individual |
Description
This exceptional 99-room Holiday Inn Express & Suites in Birmingham, Alabama, presents a compelling investment opportunity. Located off Interstate-20, near Birmingham-Shuttlesworth International Airport, the Birmingham Zoo, and the Birmingham Race Course Casino, this four-story, limited-service hotel boasts a prime location with high visibility and convenient access to major transportation routes. The property, built in 2002, underwent extensive renovations in 2024, totaling approximately $2,300,000, to meet the Formula Blue Property Improvement Plan (PIP) standards, completed in early May 2023. A significant four-year lodging contract, signed October 1, 2023, is projected to generate an additional $700,000 in annual revenue. The hotel features an interior corridor and benefits from high daily traffic counts on Old Grants Mill Road (approximately 27,600 vehicles). Its established location in a growing market, coupled with the highly desirable Holiday Inn Express brand, offers investors substantial potential for increased profitability through focused management and marketing strategies. The property's APN is 23-00-24-4-004-006.001 and is zoned for Commercial - Hotels/Motels. The asking price is $12,000,000.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Irondale
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.6941
- Latitude
- 33.5343
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
