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9898 Forum Park Drive, Houston, TX 77036

Southwest Houston property with renovated interiors, full washer/dryer hookups, and substantial recent capital improvements.

Property SizeContact for details
Days on Market7

Property Features for 9898 Forum Park Drive

General Information

Standard status Active
Property subtype Retail, Multifamily
Occupancy 97%
Listing Agency: Matthews
Listed By: Patrick Graham · License #9005919
Source: Crexi
Added: Sep 4 Changed: Sep 9 Last Checked: Sep 10 at 9:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews

Investment Insights

Based on property information with market context.

The Carlisle is an apartment building at 9898 Forum Park Drive in southwest Houston with 97% occupancy. More than 90% of the units have received interior updates, including granite countertops, repainted cabinets, laminate flooring in living areas, updated fixtures, and black-and-white appliances. Every unit also includes full washer/dryer hookups, while the remaining 8 to 10 classic units offer an identified renovation opportunity.

Recent property improvements include a full roof replacement in 2016, vinyl siding replacement, exterior painting completed within the last few months, and a centralized gas boiler replaced around 2014. Targeted galvanized plumbing repairs have been completed as needed. The property is positioned near the Westchase District and I-69 in the Houston metro, providing access to major employment centers and the surrounding workforce housing market.

Key Highlights

  • 97% occupied apartment building at 9898 Forum Park Drive
  • More than 90% of units upgraded with granite countertops, laminate flooring, updated fixtures, and black‑and‑white appliances
  • Full roof replacement completed in 2016

Property Analytics

Current Use

Real Deal Wreckers ... Clothing Supplier The Carlisle Apartment Complex

Suggested Use

Top Pick Parking Lot & Garage Bakery Butcher (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

97%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,217
Businesses Nearby

Demographics for 77036, TX

75,870
Population
30,508
Households
2.5
Avg Household Size
33
Median Age
14%
College-Educated
55%
High-School Grad
7.3 sq mi
ZIP Area
10,393
Density / Sq Mi
$43,853
Median Household Income
$27,812
Median Earnings
$995
Median Rent
$217,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Southwest Houston property with renovated interiors, full washer/dryer hookups, and substantial recent capital improvements.
Where is this apartment building located?
The property is located at 9898 Forum Park Drive Houston, TX.
What are key features of this property?
This property features: 97% occupied apartment building at 9898 Forum Park Drive; More than 90% of units upgraded with granite countertops, laminate flooring, updated fixtures, and black‑and‑white appliances; Full roof replacement completed in 2016
(281) 645-6151 Call to check price and availability
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