Share This Listing

Message

930 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Motel 6 & Studio 6 Birmingham, AL 4627 280 Hwy 54 Room Hotel Birmingham, AL 35242 $3,975,000 ($73,611/Room) 9.87% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Fully Renovated Property
  • Strong Demand Drivers
  • University & Conference Demand
  • Exceptional Net Operating Income Margin
  • Corporate & Healthcare Hub
  • Tourism & Entertainment Growth

EXECUTIVE SUMMARY

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the dual branded Motel 6 and Studio 6 Birmingham, AL - Medical District (‘Hotel’ or ‘Property’) located in Birmingham, Alabama. The G6 Hospitality-branded hotel is offered at $3,975,000 or $41,406 per key.
The dual branded Motel 6 and Studio 6 Birmingham, AL - Medical District is a three-story hotel with 96 rooms, located at 4627 US-280 in Birmingham, Alabama. The Hotel is easily accessible from US Highway 280. Various common area amenities at the Property include exterior corridors, coin laundry facility, gazebo, and a vending/ice machine. A full renovation of the property was completed in the summer of 2024, both interior and exterior. No PIP is required for new ownership. Additionally, the property maintains one owner’s quarters and two housekeeping quarters.
The Hotel achieved an impressive net operating income (NOI) margin of 41.9 percent for the year-end 2024. This profitability enhances the Hotel's investment appeal by increasing the overall value of the asset, generating surplus capital for renovations, and improving operational efficiencies such as stronger cash flow and economies of scale.
Birmingham, Alabama, the state's largest city, serves as its economic and cultural center with a population of 1.1 million in the Birmingham-Hoover MSA. The Birmingham-Shuttleworth International Airport (14.4 miles) is a key hub for both domestic and international travel. The city’s economy is diverse, with strong sectors in finance, healthcare, manufacturing, and technology, fueled by corporate expansion and infrastructure growth.
Key corporate employers include Regions Financial Corporation (9.7 miles), Protective Life Corporation (5.5 miles), and Blue Cross Blue Shield of Alabama (9.7 miles). Other significant employers like Drummond Company (6.6 miles), Hibbett Sports, and Shipt (9.7 miles) also contribute to local demand for hotel accommodations.
Birmingham’s universities, such as the University of Alabama at Birmingham (UAB – 8.4 miles) and Samford University (6.2 miles), drive additional hotel demand with events and conferences. UAB, a major research institution, employs over 23,000 people and attracts visitors year-round.
As a healthcare hub, Birmingham boasts nationally ranked institutions, including UAB Hospital (9.5 miles), Children’s of Alabama (8.9 miles), Ascension St. Vincent’s (8.2 miles), Brookwood Baptist (6.3 miles), and Grandview Medical Center (1.1 miles), ensuring a steady influx of patients and professionals needing accommodations.
Birmingham’s business and entertainment venues, such as the Birmingham-Jefferson Convention Complex (BJCC – 10.2 miles) and the SEC Southeastern Conference Center (10.1 miles), draw visitors for trade shows, sports events, and concerts. Cultural venues like the Alabama Theatre (9.7 miles) and Lyric Theatre (9.7 miles) further boost demand. Shopping areas like The Summit (2.6 miles) and the Outlet Shops of Grand River (15.3 miles) add to the city’s appeal.
Leisure attractions, including the Birmingham Museum of Art (10.2 miles), Oak Mountain State Park (11.3 miles), and the Barber Motorsports Park (15.2 miles), support steady hotel bookings. Additionally, venues like the Birmingham Zoo (6.9 miles), Regions Field (9.7 miles), and Legion Field (13.5 miles) cater to both residents and tourists.
Birmingham is undergoing significant development, with projects like the $64 million Birmingham Xpress Bus Rapid Transit system set to improve city connectivity by 2025. The downtown area is being revitalized with initiatives such as the Powell Avenue Steam Plant redevelopment and the Urban Supply project, which converts warehouses into retail and office spaces. The $50 million Innovation District Expansion, focused on tech-sector growth, is expected to attract new businesses. The airport and BJCC are also undergoing major upgrades to accommodate growth, further enhancing Birmingham’s role as a regional hub for business, tourism, and entertainment.
BROKER OF RECORD
Eddie Greenhalgh
Alabama
P: (205) 510-9200
Lic #: AL 000088298-0

PROPERTY FACTS

Price $3,975,000
Price Per Room $73,611
Sale Type Investment
Cap Rate 9.87%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.83 AC
Building Size 27,730 SF
No. Rooms 54
No. Stories 3
Year Built/Renovated 1987/2024
Tenancy Single
Parking Ratio 3.79/1,000 SF
Corridor Exterior
Zoning C-2 - General Business District

AMENITIES

  • High Speed Internet Access
  • Patio
  • Public Access Wifi

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 54 $61.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-7-36-0-001-008-014
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$419,920
  • Listing ID: 35113329

  • Date on Market: 3/12/2025

  • Last Updated:

  • Address: 4627 280 Hwy, Birmingham, AL 35242

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}