The Azalea Collection: Bird's Nest Apartments

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. Located in the centrally positioned Pleasant Valley submarket, Bird's Nest Apartments offers a balance of convenience and everyday livability. The property is nestled between major retail corridors, providing immediate access to McGowin Park, the Bel Air Shopping Center, and abundant dining and entertainment options. With direct access to I-65, I-10, and Highway 98, residents enjoy seamless commutes to both the Mobile Central Business District and Mobile International Airport, each just five miles away.Bird's Nest is a highly stabilized, 32-unit multifamily community featuring efficient one-bedroom, one-bathroom layouts averaging 578 square feet . Built in 1978, the property underwent a 100% comprehensive interior renovation in 2025 and currently boasts a 95% occupancy rate. This property can be acquired individually or as part of the 149-unit Azalea Collection portfolio