The Azalea Collection - Arbor Pointe Apartments

For Sale

100 Dairy Rd, MOBILE, AL 36612

This MOBILE property for sale is located at 100 Dairy Rd. Contact the listing broker for details on the current sale price for The Azalea Collection - Arbor Pointe Apartments. The Azalea Collection - Arbor Pointe Apartments is situated on a lot that is 3.6 acre in size.

Contacts

Andrew Agee

SVN | AVAT Realty

Property Details

  • Property Type Multi-Family
  • Property Size 57,291 SF
  • Units 57
  • Lot Size 3.6 Acre
  • Year Built 1998
  • Date Updated May 20, 2026
The Azalea Collection is located within the Mobile, Alabama MSA, a key Gulf Coast market known for its economic diversity, historic character, and strategic access to regional transportation corridors. Anchored by the Port of Mobile, one of the largest and fastest-growing ports in the United States, the market benefits from strong employment drivers in logistics, manufacturing, healthcare, and aerospace. Mobile also offers a vibrant cultural scene, highlighted by its historic downtown, waterfront amenities, and a calendar of festivals and events that contribute to a high quality of life. The three properties within the Azalea Collection are located in close proximity to one another across the Mobile market. Bird’s Nest Apartments and The Retreat at Pleasant Valley are essentially adjacent, located steps apart on the same street, while Arbor Pointe at 100 Dairy Road is approximately 8 miles from each of the Pleasant Valley properties. This concentration could offer owners a way to streamline management and maintenance across the portfolio while still offering residents a variety of location options within established Mobile submarkets. Arbor Pointe is strategically located in the Whistler submarket of North Mobile. This workforce-driven residential area is positioned near U.S. Highway 43, I-65, and I-165, offering direct, highly efficient commuting access to some of the region's most active industrial corridors. Residents benefit from close proximity to major employers including the Port of Mobile, shipbuilding operations, and manufacturing hubs, all while maintaining a quieter, suburban residential appeal.Arbor Pointe is a 57-unit, three-story garden-style community featuring highly desirable, larger floorplans: 24 two-bedroom/two-bathroom units and 32 three-bedroom/two-bathroom units. Built in 1998, the property is currently 90% occupied and 86% renovated. The property can be purchased as a standalone investment or alongside the rest of the Azalea Collection.
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Highlights

  • Highest Portfolio Return: Offers the strongest cash-on-cash return in the collection at 10.38% over the hold period, alongside a 7.01% Year 1 Cap Rate and an 18.9% 5-Year IRR.
  • Industrial Workforce Demand: The property's proximity to long-standing industrial and logistics activity in North Mobile provides a built-in, reliable tenant base.
  • Premium Voucher Subsidies: Because Arbor Pointe offers rare 3-bedroom layouts, it is uniquely positioned to capture the highest tiers of the 2026 SAFMR Section 8 subsidies, which reward larger family units in favorable zip codes.
  • Proven Value-Add Upside: With 86% of the units already upgraded with LVP flooring, stainless steel appliances, and new fixtures, an investor has a clear, proven path to capture rental premiums by renovating the remaining 14% of classic units.

Getting around

  • 31/100

    Walk Score ®

  • 38/100

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Location

  • City MOBILE, AL
  • Neighborhood Prichard
  • Zip Code 36612
  • Market Mobile

Points of Interest

  • Mobile (opens February 2025)

    5.49 miles

  • Love's

    0.22 miles

  • Energize Of Spring Hill

    2.91 miles

  • Walmart

    3.88 miles

  • Circle K

    3.90 miles

  • QuikTrip

    4.02 miles

  • Texaco

    4.10 miles

  • Exxon

    4.12 miles

  • Chevron

    4.16 miles

  • Shell

    4.24 miles

  • Mobile, AL Supercharger

    5.00 miles

  • Disc Golf Parking

    2.54 miles

  • Parking Lot 2

    3.65 miles

  • Parking Garage

    3.67 miles

  • Main Parking

    4.21 miles

  • MOB II Parking

    4.33 miles

  • Municipal Parking Garage

    5.35 miles

  • USA Mountain Bike Trailhead

    6.17 miles

  • CGX Parking

    7.02 miles

  • Arlington Park

    7.08 miles

  • Long-Term Parking

    7.50 miles

  • Star Motel

    0.34 miles

  • Super 8 by Wyndham Mobile

    2.62 miles

  • Wingate by Wyndham Mobile

    2.76 miles

  • Extended Stay America - Mobile - Spring Hill

    2.82 miles

  • Williams Motel

    3.29 miles

  • Red Roof Inn Mobile - Midtown

    3.98 miles

  • Holiday Inn Express

    4.02 miles

  • Extend a Suites Mobile West

    4.04 miles

  • Days Inn

    4.06 miles

  • Quality Inn near University of Mobile

    4.07 miles

  • Piggly Wiggly

    0.90 miles

  • Greer's Market

    1.68 miles

  • Publix

    3.54 miles

  • Greer's

    3.68 miles

  • Rouses

    3.74 miles

  • Walmart Neighborhood Market

    3.81 miles

  • Walmart Supercenter

    3.96 miles

  • Marshalls

    4.63 miles

  • Belk

    4.83 miles

  • Dillard's

    4.89 miles

Contact Listing Broker
Andrew Agee

SVN | AVAT Realty

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