13-Unit Multifamily in Dickinson, TX

Avenue B Apartments is a recently renovated 13-unit multifamily property located in the North Galveston County submarket. Originally constructed in 1965, the property underwent a comprehensive remodel in 2025, providing investors with the benefits of a modernized asset while retaining the character of an established neighborhood. The property consists of two-story buildings encompassing approximately 3,724 square feet of rentable building area on a 6,240-square-foot site. The recent renovation is expected to reduce near-term capital expenditure requirements and enhance tenant appeal, positioning the asset competitively within its market.

Situated in the North Galveston County submarket, the property benefits from access to regional employment centers, transportation corridors, and local amenities that support stable rental demand. Its boutique size offers operational simplicity while providing diversification across 13 residential units. According to available flood mapping, the property is subject to a 500-year flood risk designation. While this represents a lower probability flood exposure than properties located within 100-year flood zones, prospective investors should conduct appropriate due diligence regarding flood insurance requirements and historical flood performance. Overall, Avenue B Apartments represents an opportunity to acquire a recently renovated, smaller-scale multifamily asset with limited anticipated deferred maintenance in an established North Galveston County location.

Multifamily | 13 Units | $69,231/unit