Rosewood Apartments | First Bid Meets Reserve

Investment 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.

 
Offering Summary:

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 37,824 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.

Lamar P. Fisher Fisher Auction Company Inc. License: 10344