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1615 West Loop South 1615 West Loop South 132 Room Hotel Houston, TX 77027 For Sale 7.50% Cap Rate
Investment Highlights
- Located in the Uptown/Galleria district, surrounded by major corporate headquarters and luxury retail.
- Excellent redevelopment potential for mixed-use, multifamily, or hospitality repositioning.
Executive Summary
Discover a rare redevelopment opportunity at 1615 West Loop South, a ±2.04-acre high-visibility site located at the crossroads of the 610 West Loop Feeder and Post Oak Park Drive in the heart of Houston’s prestigious Uptown/Galleria district. Currently operating as a 132-key hotel, the property offers prime frontage, unmatched accessibility, and proximity to world-class retail, dining, and major employment hubs. Surrounded by high-end developments, this irreplaceable location is ideal for a visionary mixed-use, hospitality, or multifamily project.
Property Facts
| Sale Type | Investment | Building Size | 80,255 SF |
| Cap Rate | 7.50% | No. Rooms | 132 |
| Property Type | Hospitality | No. Stories | 5 |
| Property Subtype | Hotel | Year Built | 1994 |
| Building Class | B | Parking Ratio | 0.28/1,000 SF |
| Lot Size | 2.04 AC | Corridor | Interior |
| Zoning | None - No zoning | ||
| Sale Type | Investment |
| Cap Rate | 7.50% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.04 AC |
| Building Size | 80,255 SF |
| No. Rooms | 132 |
| No. Stories | 5 |
| Year Built | 1994 |
| Parking Ratio | 0.28/1,000 SF |
| Corridor | Interior |
| Zoning | None - No zoning |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 14 | $223.32 CAD | - |
| Guest Room | 118 | $198.20 CAD | - |
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 0985730000008 | Improvements Assessment | $1,051,614 CAD |
| Land Assessment | $15,482,578 CAD | Total Assessment | $16,534,192 CAD |
Property Taxes
Parcel Number
0985730000008
Land Assessment
$15,482,578 CAD
Improvements Assessment
$1,051,614 CAD
Total Assessment
$16,534,192 CAD
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1615 West Loop South | 1615 West Loop South
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