This Multifamily Property is no longer advertised on LoopNet.com.

2201 Market St
Galveston, TX 77550
The USNB Apartments · Multifamily Property For Sale · 64 Units

Investment Highlights

  • 35% city tax reduction and frozen valuation enhance investor yield
  • Mixed-use income from luxury apartments and retail tenants stabilizes cash flow
  • 3.83% assumable agency loan provides below-market financing leverage

Property Facts

No. Units 64
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.24 AC
Building Size 51,218 SF
No. Stories 6
Year Built 2020
Zoning CB

Amenities

Unit Amenities

  • Air Conditioning
  • Microwave
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 10 - -
1+1 30 - -
2+2 24 - -

Property Taxes

Property Taxes

Parcel Number
3505-0502-0006-000
Land Assessment
$374,620
Improvements Assessment
$9,145,380
Total Assessment
$9,520,000
  • Listing ID: 38611641

  • Date on Market: 12/1/2025

  • Last Updated:

  • Address: 2201 Market St, Galveston, TX 77550

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