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2718 Sherman St
Grand Prairie, TX 75051
Rose Garden Apartments · Multifamily Property For Sale
·
57 Units
Investment Highlights
- Built in 1968, Rose Garden is a 57-unit garden-style community with strong value-add potential
- All units feature original interiors presenting $64 in mark-to-market (organic) upside and $150–$250+ below renovated comps.
- Rose Garden sits between Dallas and Fort Worth near major employers and offers quick access to TX-161, I-30, retail, schools, and major sports venues.
- Strong workforce renter demand supports interior renovation potential and long-term value creation.
Property Facts
| No. Units | 57 | Building Size | 38,255 SF |
| Property Type | Multifamily | Average Occupancy | 86% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1968 |
| Building Class | C | Parking Ratio | 3.46/1,000 SF |
| Lot Size | 2.38 AC | ||
| Zoning | MF - Bc - Multi-Family Commercial | ||
| No. Units | 57 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.38 AC |
| Building Size | 38,255 SF |
| Average Occupancy | 86% |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 3.46/1,000 SF |
| Zoning | MF - Bc - Multi-Family Commercial |
Amenities
Unit Amenities
- Balcony
- Hardwood Floors
- Refrigerator
- Range
- Tub/Shower
- Carpet
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Picnic Area
- Gated
- Laundry Service
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 34 | - | 515 - 620 |
| 2+1 | 14 | - | 840 |
| 2+2 | 9 | - | 855 |
Property Taxes
| Parcel Number | 00647942 | Improvements Assessment | $4,136,676 |
| Land Assessment | $363,324 | Total Assessment | $4,500,000 |
Property Taxes
Parcel Number
00647942
Land Assessment
$363,324
Improvements Assessment
$4,136,676
Total Assessment
$4,500,000
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