309 SW 5th St Grand Prairie, TX 75051
- Added:
- Apr 3, 2026
- Days on Market:
- 20
- Last Refresh:
- Apr 3 at 5:41 am
Property Features for 309 SW 5th St
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agent Nick Fluellen License #TX: 0521943, TX: 9001647 (972) 755-5214
Listing office Dallas Office (972) 755-5214
Listing date Apr 3, 2026
Source Marcusmillichap
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All listing content including descriptions, pricing, images are the copyrighted material of Dallas Office
Overview
Savannah Square Multifamily Investment Opportunity
Savannah Square is a 56-unit apartment community located in Grand Prairie, Texas. The property offers operational upside through a water conservation program projected to reduce expenses by approximately $17,000 annually, alongside savings from electrical upgrades that have lowered insurance costs. Ownership has invested approximately $97,000 in recent capital improvements, including breaker replacements, roof upgrades, and system enhancements, reducing near-term capital requirements. Positioned near the General Motors Arlington Assembly Plant and Arlington’s premier entertainment district, and with direct access to Interstate 30, Highway 360, and the George Bush Turnpike, Savannah Square benefits from regional demand drivers and long-term growth fundamentals. This makes it an attractive value-add investment opportunity in the DFW metroplex.
Location Intelligence
Current Use by Public Records
Savannah Square Apartments
Apartment Complex
Driftwood Apartments
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Grand Prairie
- County
- Dallas
- State
- Texas
- Longitude
- -97.008748
- Latitude
- 32.742574
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 56-unit apartment community in Grand Prairie, Texas.
Where is this apartment building located?
The property is located at 309 SW 5th St Grand Prairie, TX.
What are key features of this property?
This property features: 56‑unit apartment community in Grand Prairie, Texas.; Immediate operational upside through a water conservation program projected to reduce expenses by approximately $17,000 annually.; Approximately $97,000 invested in recent capital improvements (breaker replacements, roof upgrades, system enhancements) reducing near‑term capital requirements.
