9009 West Loop South Houston, TX 77096

Building Details

Year Built

1975

Listing agency Houston, TX (Uptown) d***@avisonyoung.com Show Phone

Listed by Darrell Betts · License #TX 539289 Show Phone

Source Avisonyoung

Added: Mar 7 Updated: Jul 10 at 1:15PM Checked: Jul 10 at 1:15PM

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Investment Insights

Based on property information with market context.

The former US Headquarters for Saudi Aramco presents a conversion opportunity for assisted-living/care facilities, senior living, and/or memory care. Market data indicates low vacancy rates in nearby senior living communities, with less than 8% vacancy, and assisted living/care facilities experiencing 0% vacancy. Other potential conversion uses include skilled nursing, hospice, in-patient behavioral healthcare facilities, and other acute treatment facilities. The property is located among established neighborhoods in Houston, including Meyerland, Braeswood, and the incorporated municipalities of Bellaire, Southside Place, and West University Place. Situated just east of Meyerland Plaza shopping and restaurants, it lies south of luxury amenities in Uptown/Galleria and southwest of the business-savvy Greenway Plaza. The location along Loop 610’s feeder road provides easy northbound access onto Loop 610 and access from the South Loop via the Braeswood exit. Excellent transportation links connect to Houston’s major freeways, including Interstate 10, US Highway 59, US Highway 290, US Highway 288, and Westpark Tollway.

Key Highlights

• High demand location with low vacancy rates for senior living and assisted living/care facilities.
• Conversion potential for various healthcare facilities (skilled nursing, hospice, behavioral healthcare, acute treatment).
• Prime location near prestigious neighborhoods (Meyerland, Braeswood, Bellaire, Southside Place, West University Place).

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FAQs

What type of property is this?

Senior housing / Retirement Home - Conversion opportunity: assisted-living, senior living, or memory care facility.

Where is this senior housing / retirement home located?

The property is located at 9009 West Loop South Houston, TX.

What is the asking price?

The asking price for this property is $24,000,000.

What are key features of this property?

This property features: High demand location with low vacancy rates for senior living and assisted living/care facilities.; Conversion potential for various healthcare facilities (skilled nursing, hospice, behavioral healthcare, acute treatment).; Prime location near prestigious neighborhoods (Meyerland, Braeswood, Bellaire, Southside Place, West University Place).