This offering includes the fee simple interest in a 32-unit EconoLodge by Choice, located in Hoover, an affluent Birmingham suburb. The property is unencumbered and presents a strong value-add opportunity, with high visibility off U.S. Hwy 31 and direct access to I-65 (Exit 252), which sees ~37,000 vehicles daily.
Nearby demand drivers include Riverchase Galleria (2.7 miles), UAB Hospital (9 miles), and multiple universities. The area is surrounded by major retailers like CVS, Walmart, Publix, and Aldi, boosting guest convenience and exposure.
Birmingham is experiencing rapid growth, with over $690M in new permits in 2024. Highlights include the new 9,300-seat Coca-Cola Star Amphitheater, 4.04M overnight visitors, and major corporate investments from Coca-Cola and Wells Fargo.
Jefferson County remains Alabama’s largest economy, driven by projects like the 1,100-acre JeffMet North Industrial Park, expected to bring 4,700 jobs. With strong infrastructure and a pro-business climate, Birmingham is a growing hub for logistics, healthcare, and tech—positioning this hotel to benefit from ongoing economic momentum.