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Hotel-Motel

Hampton Inn Birmingham - Colonnade 280

3400 Colonnade Pkwy, Birmingham, AL 35243

Listing Price: $17,000,000

Cap Rate
7.60%
Number of Rooms
133
RevPAR
$82
Gross SF
45,401
Price/Room
$127,820
RRM
4.29
Price/Gross SF
$374.44
Year Built
1994

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 133-unit, Hampton Inn Birmingham, located in Birmingham, Alabama. The subject property is ideally located on 2.84 acres and features 5 floors of well-maintained guest rooms. Common area amenities include complimentary continental breakfast, 24-hour front desk, fitness center, free on-site parking, meeting & banquet facilities and business center. Each guest room is equipped with free Wi-Fi, flat-screen TV, desk with chair, iron & ironing board, microwave, refrigerator, in-room coffee & tea maker, and private bathroom. The property is conveniently located near the central business district and in close-proximity to restaurants, shopping and leisure activities. Birmingham is home to The University of Alabama at Birmingham, which has an enrollment of over 20,000 students and is located less than 8 miles from the hotel. The area includes many leisure activities, such as the Birmingham Zoo, Birmingham Botanical Gardens, and Riverchase Galleria, all located within 15 minutes of the hotel. Located less than 10 miles from the hotel is the Birmingham-Shuttlesworth International Airport, which guests can access by car or taxi from the hotel. The subject property is situated off Interstate- 495 which has a high traffic rate of over 96,000 cars daily and makes the hotel accessible to the surrounding areas.

Investment Highlights

  • Fee simple interest in the 133-unit, Hampton Inn Birmingham, located in Birmingham, Alabama
  • Located off Interstate-459 with high traffic counts in excess of 96,500 cars daily
  • Close-proximity to shopping and leisure activities, including the Birmingham Zoo and Birmingham Botanical Gardens
  • Situated less than 8 miles from University of Alabama at Birmingham with an enrollment of over 20,000 students
  • Close proximity to "The World Games" which took place in July 2022

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Hotel-Motel

Hampton Inn Birmingham - Colonnade 280

Listing Price: $17,000,000

Cap Rate
7.60%
Number of Rooms
133
RevPAR
$82
Gross SF
45,401
Price/Room
$127,820
RRM
4.29
Price/Gross SF
$374.44
Year Built
1994

Investment Highlights

  • Fee simple interest in the 133-unit, Hampton Inn Birmingham, located in Birmingham, Alabama
  • Located off Interstate-459 with high traffic counts in excess of 96,500 cars daily
  • Close-proximity to shopping and leisure activities, including the Birmingham Zoo and Birmingham Botanical Gardens
  • Situated less than 8 miles from University of Alabama at Birmingham with an enrollment of over 20,000 students
  • Close proximity to "The World Games" which took place in July 2022

Investment Overview

Marcus & Millichap is pleased to offer for sale a fee simple interest in the 133-unit, Hampton Inn Birmingham, located in Birmingham, Alabama. The subject property is ideally located on 2.84 acres and features 5 floors of well-maintained guest rooms. Common area amenities include complimentary continental breakfast, 24-hour front desk, fitness center, free on-site parking, meeting & banquet facilities and business center. Each guest room is equipped with free Wi-Fi, flat-screen TV, desk with chair, iron & ironing board, microwave, refrigerator, in-room coffee & tea maker, and private bathroom. The property is conveniently located near the central business district and in close-proximity to restaurants, shopping and leisure activities. Birmingham is home to The University of Alabama at Birmingham, which has an enrollment of over 20,000 students and is located less than 8 miles from the hotel. The area includes many leisure activities, such as the Birmingham Zoo, Birmingham Botanical Gardens, and Riverchase Galleria, all located within 15 minutes of the hotel. Located less than 10 miles from the hotel is the Birmingham-Shuttlesworth International Airport, which guests can access by car or taxi from the hotel. The subject property is situated off Interstate- 495 which has a high traffic rate of over 96,000 cars daily and makes the hotel accessible to the surrounding areas.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

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