Strong Value-Add Opportunity | 32-Unit EconoLodge by Choice Hotels

For Sale

1535 Montgomery Hwy, Hoover, AL 35216

This Hoover property for sale is located at 1535 Montgomery Hwy. The current listed sale price for Strong Value-Add Opportunity | 32-Unit EconoLodge by Choice Hotels is $2,500,000. Strong Value-Add Opportunity | 32-Unit EconoLodge by Choice Hotels is situated on a lot that is 1.67 acre in size.

Contacts

broker
Karan Mistry

Bull Realty

Property Details

  • Property Type Other
  • Property Size 19,940 SF
  • Units 32
  • Lot Size 1.67 Acre
  • Year Built 1965
  • Year Renovated 2013
  • Date Updated Jul 29, 2025
-This offering includes the fee simple interest in a 32-unit EconoLodge by Choice, located in Hoover, an affluent Birmingham suburb. The property is unencumbered and presents a strong value-add opportunity, with high visibility off U.S. Hwy 31 and direct access to I-65 (Exit 252), which sees ~37,000 vehicles daily. Nearby demand drivers include Riverchase Galleria (2.7 miles), UAB Hospital (9 miles), and multiple universities. The area is surrounded by major retailers like CVS, Walmart, Publix, and Aldi, boosting guest convenience and exposure. Birmingham is experiencing rapid growth, with over $690M in new permits in 2024. Highlights include the new 9,300-seat Coca-Cola Star Amphitheater, 4.04M overnight visitors, and major corporate investments from Coca-Cola and Wells Fargo. Jefferson County remains Alabama’s largest economy, driven by projects like the 1,100-acre JeffMet North Industrial Park, expected to bring 4,700 jobs. With strong infrastructure and a pro-business climate, Birmingham is a growing hub for logistics, healthcare, and tech—positioning this hotel to benefit from ongoing economic momentum.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 55/100

    Walk Score ®

  • 21/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Hoover, AL
  • Neighborhood Chapel Hill
  • Zip Code 35216
  • Market Birmingham

Points of Interest

  • Birmingham

    7.01 miles

  • Sunoco

    0.11 miles

  • Chevron

    0.23 miles

  • Citgo

    0.27 miles

  • Shell

    0.28 miles

  • Exxon

    0.51 miles

  • ChargePoint

    1.04 miles

  • Tesla Supercharger

    5.47 miles

  • Mountain Brook, AL Supercharger

    5.57 miles

  • Pizitz Parking lot

    0.96 miles

  • School bus parking lot

    1.05 miles

  • Moss Rock Preserve - Simmons Middle School Parking Lot

    2.33 miles

  • Moss Rock Preserve - Boulder Field Parking Lot

    2.82 miles

  • Track and Soccer Stadium Parking

    3.32 miles

  • West Parking Deck

    3.63 miles

  • Moss Rock Preserve - Sulfer Springs Parking Lot

    3.66 miles

  • North Parking Deck

    3.92 miles

  • Northeast Parking Deck

    3.97 miles

  • Temporary parking lot

    4.02 miles

  • Econo Lodge

    0.02 miles

  • Red Roof Inn Birmingham South

    0.50 miles

  • Hyatt Regency

    2.17 miles

  • Candlewood Suites Birmingham/Homewood

    2.58 miles

  • Courtyard Birmingham Hoover

    2.59 miles

  • Days Inn by Wyndham Hoover Birmingham

    2.66 miles

  • Hampton Inn & Suites Birmingham-Hoover-Galleria

    2.72 miles

  • Country Inn & Suites

    2.81 miles

  • Hyatt Place Birmingham/Hoover

    2.82 miles

  • Hilton Garden Inn Birmingham / Lakeshore Drive

    2.84 miles

  • Publix

    0.55 miles

  • TJ Maxx

    1.24 miles

  • Walmart Neighborhood Market

    1.30 miles

  • Jubilee Groceries

    1.38 miles

  • JCPenney

    2.10 miles

  • Belk

    2.13 miles

  • Piggly Wiggly

    2.24 miles

  • Von Maur

    2.24 miles

  • Macy's

    2.31 miles

  • Sears Outlet

    2.59 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Karan Mistry

Bull Realty

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.