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Quality Inn Homewood Birmingham 155 Vulcan Rd 120 Room Hotel Birmingham, AL 35209 $2,495,000 ($20,792/Room) 13.85% Cap Rate
INVESTMENT HIGHLIGHTS
- 120-key Quality Inn in Homewood, AL is offered fee-simple, unencumbered by debt or management, and includes full hotel operations.
- Located off I-65 in affluent Homewood near national retailers, Samford University, and top Birmingham medical centers.
- Birmingham hosted a record 4.04M overnight visitors in 2024, generating $2.57B in local spend driven by major sports and events.
- Absentee ownership and brand default create major upside potential with renovation, cost control, and rebranding projected to stabilize RevPAR at ~$47
- Strong frontage to I-65 and Vulcan Rd with 35,000+ combined daily vehicles, ample free parking, and flexible parcel use.
- Jefferson County announced $476M in 2023 developments including industrial, tech, and HQ expansions like Coca-Cola’s $330M facility.
EXECUTIVE SUMMARY
This offering presents a compelling value-add opportunity. The hotel is currently absentee-owned, leaving significant upside for an experienced operator to enhance performance. With targeted expense management, a comprehensive exterior and interior renovation, and potential repositioning or rebranding, the asset has the potential to achieve stabilized annual revenue in excess of $1.6 million—bringing performance in line with its competitive set.
As the Birmingham-Hoover MSA continues to experience sustained economic and population growth, this asset presents a strategic avenue for entry into a high-barrier-to-entry market. Whether the goal is to renovate and reposition for a capital gain exit or to hold long-term for stable cash flow and appreciation, the property has strong potential to meet a variety of investment objectives.
DATA ROOM Click Here to Access
- Operating and Financials
PROPERTY FACTS
| Price | $2,495,000 | Lot Size | 2.48 AC |
| Price Per Room | $20,792 | Building Size | 60,000 SF |
| Sale Type | Investment | No. Rooms | 120 |
| Cap Rate | 13.85% | No. Stories | 3 |
| Sale Condition | Business Value Included | Year Built/Renovated | 1988/2005 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 2.12/1,000 SF |
| Building Class | B | Corridor | Interior |
| Zoning | L1 - HOTEL / MOTEL | ||
| Price | $2,495,000 |
| Price Per Room | $20,792 |
| Sale Type | Investment |
| Cap Rate | 13.85% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.48 AC |
| Building Size | 60,000 SF |
| No. Rooms | 120 |
| No. Stories | 3 |
| Year Built/Renovated | 1988/2005 |
| Tenancy | Single |
| Parking Ratio | 2.12/1,000 SF |
| Corridor | Interior |
| Zoning | L1 - HOTEL / MOTEL |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
ABOUT 155 VULCAN RD , BIRMINGHAM, AL 35209
Connolly Investments is pleased to exclusively offer for sale the Quality Inn located in Homewood, Alabama, to qualified purchasers. This 120-key hotel features a mix of exterior and interior corridor guestrooms and benefits from a strategic location within the Birmingham-Hoover MSA, directly off of Interstate 65. The property is surrounded by a dense mix of high-traffic commercial and retail tenants. This offering presents a compelling value-add opportunity. The hotel is currently absentee-owned, leaving significant upside for an experienced operator to enhance performance. With targeted expense management, a comprehensive exterior and interior renovation, and potential repositioning or rebranding, the asset has the potential to achieve stabilized annual revenue in excess of $2 million—bringing performance in line with its competitive set. As the Birmingham-Hoover MSA continues to experience sustained economic and population growth, this asset presents a strategic avenue for entry into a high-barrier-to-entry market. Whether the goal is to renovate and reposition for a capital gain exit or to hold long-term for stable cash flow and appreciation, the property has strong potential to meet a variety of investment objectives.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 120 | $93.00 | - |
PROPERTY TAXES
| Parcel Number | 29-00-14-3-004-011.001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,026,500 |
PROPERTY TAXES
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Quality Inn Homewood Birmingham | 155 Vulcan Rd
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