Contacts
GREA
GREA
Property Details
- Property Type Other
- Units 57
- Year Built 1965
- Date Updated Apr 23, 2025
Rose Garden Apartments is a 57-unit garden-style multifamily community located in Grand Prairie, TX, situated between Dallas and Fort Worth in the heart of the DFW Metroplex. Built in 1968 and spanning 2.38 acres, the property consists of five residential buildings with classic exteriors and a dedicated leasing office.
Rose Garden offers a well-balanced mix of one- and two-bedroom floorplans ranging from 515 to 855 square feet. All units feature original finishes, including flat-panel cabinets, laminate countertops, and a mix of white and black appliances. Each unit is individually metered and equipped with separate HVAC systems and electric water heaters.
Community features include gated access, on-site laundry facilities, and ample open green space. The property is conveniently located near major highways including TX-161 and I-30, with close proximity to key employment hubs like Lockheed Martin and the Great Southwest Industrial District. Residents also enjoy easy access to retail, schools in Arlington ISD, and top entertainment venues such as AT&T Stadium and Globe Life Field.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Built in 1968, Rose Garden is a 57-unit garden-style community with strong value-add potential. With minimal upgrades and owner management for nearly a decade, it has still maintained 95% average occupancy over the past 4 years, showing strong demand from local workforce renters.
- Located at 2718 Sherman Street in Grand Prairie, 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.
- All units feature original interiors, with average in-place rents of $1,036/monthpresenting $64 in mark-to-market (organic) upside and $150$250+ below renovated comps.
- Set on 2.38 acres, the property offers a balanced mix of one- and two-bedroom units (515855 SF) with gated access, on-site laundry, a leasing office, individual HVACs and water heaters, and separately metered electricity.
- Strong workforce renter demand supports interior renovation potential and long-term value creation.
Getting around
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35/100
Walk Score ®
-
26/100
Bike Score ®
Location
- City Grand Prairie, TX
- Neighborhood Cottonwood Park Village
- Zip Code 75051
- Market Dallas Fort Worth
Points of Interest
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West Irving
6.34 miles
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Downtown Irving/Heritage Crossing
7.32 miles
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DFW AirporTaxi
7.98 miles
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Westmoreland
8.26 miles
-
Shell
0.29 miles
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Phillips 66
0.49 miles
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Handy Shop Drive-In
0.83 miles
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Chevron
1.07 miles
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Shamrock
1.11 miles
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QuikTrip
1.14 miles
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Walmart
1.34 miles
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eVGo
2.52 miles
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Longhorn Harley Davidson
3.99 miles
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Tesla Supercharger
4.46 miles
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Main Library Parking
0.89 miles
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Indian Hills Church Parking
0.90 miles
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Veterans Center Parking
0.91 miles
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Visitor/Staff Parking
1.00 miles
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Bank of America Building Park
1.14 miles
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Dalworth Recreation Centre Parking
1.22 miles
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Nance-James Car Park
1.39 miles
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Lee Elementary School Staff Parking
1.41 miles
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Rio Grande Parking
1.42 miles
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Municipal Court Parking
1.52 miles
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Crown Inn
1.26 miles
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Courtyard Dallas Grand Prairie
1.54 miles
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Hilton Garden Inn Grand Prairie at EpicCentral
1.66 miles
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Homewood Suites Grand Prairie at EpicCentral
1.68 miles
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Howard Johnson's
2.06 miles
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Residence Inn
2.11 miles
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Rodeway Inn
2.26 miles
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Motel 6
2.48 miles
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La Quinta Inn & Suites Dallas Grand Prairie North
2.57 miles
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Super 8 by Wyndham Grand Prairie North
2.60 miles
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Saver's Cost Plus
1.06 miles
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La Michoacana Meat Market
1.11 miles
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Sprouts Farmers Market
1.15 miles
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dd's Discounts
1.17 miles
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ALDI
1.29 miles
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Walmart Supercenter
1.31 miles
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Kroger
1.34 miles
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Albertsons
1.35 miles
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El Rio Grande Supermarket
1.44 miles
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Save-A-Lot
1.65 miles
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.
