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Rosewood Apartments | First Bid Meets Reserve

$250,000

1711 Greenwood Street, Grape Creek, TX 76901

Active
Last Updated: 03/25/2026

64,298 sqft

Building Size

2.45 acres

Lot Area

Details:
Building Size:    64,298 sqft
Lot Area:    2.45 acres
Units:    32
Year Built:    1977
Highlights:
  • 32-unit garden-style apartment community located in the established Texas West submarket of San Angelo.
  • Diverse unit mix of one, two, and three bedroom apartments with an average unit size of approximately 1,326 SF.
  • Convenient access to US-67 and US-87, connecting the property to regional employment centers and retail corridors.
  • Positioned within a stable West Texas market supported by healthcare, education, military, and energy employment.
  • Community amenities include pool, laundry facilities, and outdoor recreation areas that support tenant retention.
  • Large unit sizes and flexible floorplans appeal to workforce housing demand within the San Angelo rental market.
Description:

Ri Marketplace Online Auction May 4th-6th, 2026
Register to bid on Marketplace:

https://rimarketplace.com/auction/3087/multifamily/san-angelo/tx?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=multifamily_3087

Rosewood Park Apartments is a 32-unit garden-style multifamily community located at 1707–1717 Greenwood Street in San Angelo, Texas. Built in 1977 and comprising approximately 64,298 square feet across multiple two-story buildings, the property is positioned within an established residential neighborhood in the Texas West submarket. The asset features a diverse unit mix of one-, two-, and three-bedroom apartments with an average unit size of approximately 1,326 square feet, along with community amenities including a pool, laundry facilities, and outdoor recreation areas.

San Angelo serves as a regional employment hub for West Texas, supported by healthcare systems, education institutions, energy sector employment, and Goodfellow Air Force Base. The property benefits from convenient connectivity to major thoroughfares including US-67 and US-87, providing access throughout the broader San Angelo market. With limited new multifamily supply in the immediate submarket and continued demand for workforce housing, Rosewood Park Apartments is positioned to attract a broad tenant base while providing investors exposure to a stable regional rental market.


The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

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