Hotel For Sale • 60,000 SF
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.
| 120-key Quality Inn in Homewood, AL is offered fee-simple, unencumbered by debt or management, and includes full hotel operations. |
| Absentee ownership and brand default create major upside potential with renovation, cost control, and rebranding projected to stabilize RevPAR at ~$47 |
| Located off I-65 in affluent Homewood near national retailers, Samford University, and top Birmingham medical centers. |
| Strong frontage to I-65 and Vulcan Rd with 35,000+ combined daily vehicles, ample free parking, and flexible parcel use. |
| Birmingham hosted a record 4.04M overnight visitors in 2024, generating $2.57B in local spend driven by major sports and events. |
| Jefferson County announced $476M in 2023 developments including industrial, tech, and HQ expansions like Coca-Cola’s $330M facility. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 9 min | - | 5.1 mi | |
| Airport | Drive | Walk | Distance |
| Birmingham-Shuttlesworth International | 18 min | - | 10.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 127 |
| Type: | Surface |
| Included in Rent: | Yes |