Investment Overview
The Pointe at Bailey Cove is a 124-unit, garden-style apartment and townhome community offering investors a rare combination of immediate, stable cash flow and substantial physical upside. Built with institutional durability on 11.2 quiet, park-like acres, the property features unusually spacious floor plans averaging 957 square feet, ranging from efficient one-bedroom flats to expansive three-bedroom multi-story townhomes. The Pointe at Bailey Cove represents a premier acquisition for investors seeking a high-yielding asset in the nation’s preeminent aerospace, defense, and technology hub.
Investment Highlights
- Affluent Suburban Demographics: Situated in an established Southeast Huntsville submarket characterized by a $100,000+ Area Median Income (AMI) and high home-ownership values.
- Top-Performing School District: Zoned directly for premier, highly rated public schools, including Grissom High School, driving long-term family resident retention.
- Insulated Supply Dynamics: Positioned in a mature, geographically bounded submarket with zero new multi-family construction pipeline in South Madison County.
- Generous, Low-Density Floor Plans: Features an average unit size of 957 SF across a versatile mix of 1-, 2-, and 3-bedroom flats and multi-story townhomes.
- Anchor Employment Proximity: Minutes from major regional employers, including Redstone Arsenal (45,000+ employees), NASA Marshall Space Flight Center, and the downtown Huntsville Medical District.
- Completed Capital Enhancements: Benefits from recent common-area upgrades, leasing office modernizations, and exterior curb-appeal enhancements that streamline immediate operations.