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Hilton Garden Inn Liberty Park – Image Credit CBRE
The Hilton Garden Inn Liberty Park in Birmingham, AL, presents a strategic acquisition opportunity with its strong brand affiliation, prime location, and recent renovations.
The Hilton Garden Inn Liberty Park Hotel, located in Birmingham, Alabama, is currently available for purchase. CBRE Hotels, acting as the sole and exclusive agent for the owner, is offering the fee simple interest in this 130-room property. Situated less than 10 miles from downtown Birmingham and easily accessible from Interstate 459 and Highway 280, the hotel is strategically positioned to attract both corporate and leisure guests. The property’s proximity to major attractions and businesses, such as The Birmingham Zoo, the RTJ Golf Trail, and the University of Alabama Birmingham, enhances its appeal as a premium-branded select-service hotel.
Investment Highlights
The Hilton Garden Inn Liberty Park offers several compelling investment highlights. The hotel has undergone significant interior and exterior renovations, ensuring that a new owner will face minimal capital improvement or property improvement plan (PIP) expenditures. This like-new property provides immediate, high-yielding cash flow with the potential for an excellent cash-on-cash return starting from the first year of ownership.
Strong In-Place Performance
The hotel presents a unique opportunity to acquire a high-yielding asset in a prime location. Surrounded by strong corporate tenants and popular leisure destinations, the property is well-positioned for continued success. A new owner can implement targeted sales strategies and cost-saving measures to drive revenue per available room (RevPAR) and enhance the hotel’s competitive position in the market.
Brand Recognition and Loyalty
As part of Hilton’s esteemed portfolio, the Hilton Garden Inn brand benefits from strong recognition and the Hilton Honors guest loyalty program.
Operational Flexibility
The property is offered unencumbered by management, allowing a new investor the flexibility to select an operator of their choice. This provides an opportunity to increase operational efficiencies and improve net cash flow. Additionally, the property is unencumbered by debt, enabling a new investor to capitalize on declining interest rates, thereby maximizing potential returns.
Inquire at CBRE.
