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57-Unit Garden-Style Apartment Community
For Sale
Contact for pricing
Pending

2718 Sherman Street, Grand Prairie, TX 75051

Five residential buildings offer one- and two-bedroom layouts with gated access and on-site laundry.

Property SizeContact for details
Lot Size2.38 Acres
Days on Market144

Property Features for 2718 Sherman Street

General Information

Standard status Pending
Lot size 2.38 Acres
Property subtype Multifamily

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 57

Amenities

gated access
on-site laundry
green space

Building Details

Year Built 1968
Buildings 5
Construction garden-style
Listing Agency: Colliers - Dallas, Texas
Listed By: Todd Franks · License #TX 479935
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 12:03AM

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 Colliers - Dallas, Texas

Investment Insights

Based on property information with market context.

Rose Garden is a 57-unit garden-style apartment property at 2718 Sherman Street in Grand Prairie, Texas. The community includes five residential buildings plus a dedicated leasing office on 2.38 acres. Floorplans include one- and two-bedroom units ranging from 515 to 855 square feet. Interiors retain original finishes such as flat-panel cabinetry, laminate countertops, and a combination of white and black appliances. Units are individually metered and have separate HVAC systems and electric water heaters.

Community amenities include controlled entry, laundry facilities, and open landscaped areas. The property provides access to TX-161 and I-30 and is near employment centers including Lockheed Martin and the Great Southwest Industrial District. Retail, Arlington ISD schools, AT&T Stadium, and Globe Life Field are also identified in the surrounding area.

Key Highlights

  • 57‑unit apartment community on 2.38 acres
  • Five residential buildings plus a dedicated leasing office
  • One- and two‑bedroom floorplans from 515 to 855 square feet

Property Analytics

Current Use

Rose Garden Apartments Apartment Complex Ambit Energy - Independent ... Electric Utility Company

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare Center Garden Center

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

57
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

639
Businesses Nearby

Demographics for 75051, TX

40,243
Population
14,139
Households
2.8
Avg Household Size
32
Median Age
15%
College-Educated
68%
High-School Grad
12.6 sq mi
ZIP Area
3,194
Density / Sq Mi
$53,124
Median Household Income
$34,029
Median Earnings
$1,183
Median Rent
$196,700
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 - Five residential buildings offer one- and two-bedroom layouts with gated access and on-site laundry.
Where is this apartment building located?
The property is located at 2718 Sherman Street Grand Prairie, TX.
What are key features of this property?
This property features: 57‑unit apartment community on 2.38 acres; Five residential buildings plus a dedicated leasing office; One- and two‑bedroom floorplans from 515 to 855 square feet
More about this property
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