100 Dairy Rd
- 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.
- 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.
- Industrial Workforce Demand: The property's proximity to long-standing industrial and logistics activity in North Mobile provides a built-in, reliable tenant base.
- 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.
Property Description
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| No. of Units: | 57 |
| Year Built: | 1998 |
| Lot Size: | 3.60 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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