842 Thompson St - Hospitality FOR SALE


Gardendale, AL 35071
$4,990,000 USD
334-313-6014
842 Thompson St, Gardendale, AL for Sale
$4,990,000 USD
Hospitality - FOR SALE
1/22
null | Request Cap Rate

842 Thompson St
Gardendale, AL 35071


HIGHLIGHTS

  • Located 15 mins from Downtown Birmingham, near major employers, schools, and hospitals, ensuring strong, diverse lodging demand.
  • Prime spot off of I-65 in Gardendale’s main retail corridor, near Publix, Walmart, Starbucks, and Chick-fil-A, offering visibility and steady traffic.
  • Just 20 mi from Birmingham Airport and 15 mi from Bessemer Airport, offering easy traveler access and consistent transient demand.
  • Strong historic performance with potential upside through expense control, property upgrades and dynamic pricing.
  • Located in the Birmingham–Hoover MSA (AL's largest metro area with 1.1M+ residents) the property benefits from a diverse and resilient economic base.
  • Best Western affiliation drives occupancy via 50M+ Rewards members, strong national marketing, and trusted midscale guest appeal.

OVERVIEW

Opportunity to acquire a stabilized 59-key, interior-corridor hotel with limited direct competition in the surrounding area (1 of 3 hotels in Gardendale). The current yearly BW franchise agreement option is available for an incoming operator. Current completed PIP is assumable. The property performs highly among its competitive set (with some room for operational improvement) and is offered as fee-simple real estate, unencumbered by debt or management agreements.

FOR SALE DETAILS

PRICE

$4,990,000 USD

PRICE/SF

$229 USD /SF

# OF ROOMS

59

PRICE/ROOM

$84,576 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western -Birmingham AL MSA

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2001

PARKING SPACES

60

LAND DETAILS

LAND ACRES

2.08 AC

LAND SF

90,701 SF

ZONING

R4

APN/PARCEL ID

14-00-14-2-005-006.000

ASK ABOUT THIS PROPERTY

Katherine ConnollyConnolly InvestmentsMore Info
334-313-6014

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Katherine ConnollyConnolly InvestmentsMore Info
334-313-6014

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.