Baltimore Hill spans 60.2 acres in Huntsville, Alabama, and is planned for 182 residential lots, which we will sell as developed lots. This means we will complete the horizontal development—including grading, utilities, and roads—before selling the finished lots to 2 nationally recognized homebuilders for vertical construction.
This approach increases the project’s value by delivering finished, build-ready lots that remove entitlement and early-stage development risk for builders. For us, it creates stronger exit opportunities and positions the project to generate attractive returns for the fund.
Huntsville’s population growth and increased demand for housing makes Baltimore Hill a compelling addition to our Build-to-Rent allocation, strengthening our portfolio in one of the Southeast’s growing residential markets.