Site Clearing Nearing Completion

Last quarter, we closed on the 60.2-acre Baltimore Hill in Huntsville, AL for $2,558,500 and secured permitting. Horizontal development is underway: site clearing in progress, followed by grading and utilities for the planned 182-lot community.

August 13, 2025
Adam Whitmire

Last quarter, we hit two significant milestones for Baltimore Hill: we closed on the property for $2,558,500 and secured permitting approval, allowing us to begin horizontal development.

The 60.2-acre site in Huntsville, Alabama, will be developed into 182 residential lots, which will be sold to two nationally recognized homebuilders.

Development is now underway. We are currently clearing the site, and once that’s complete, we will begin grading to prepare for the installation of utilities.

More Projects Update

Water & Electrical Utilities Installed

Filip Bondas
May 29, 2026

We previously completed horizontal development on the 41-lot short phase within Phase 2, and the plat has been submitted and approved. In the remaining section of the property, water and electrical utilities are in place, with base and curb work next.

Received CO on 9 Units

Filip Bondas
May 28, 2026

Nine units in Phase 1 are finished, with Certificates of Occupancy in hand and ready for lease-up. Five more units on Lots 58 through 62 are being brought to CO, and the building permit application for the next 18 lots has been submitted ahead of vertical construction.

Two New Luxury Rentals Live

Filip Bondas
May 27, 2026

Two more properties recently went live, one outside Clearwater, Florida and one lakefront in the Poconos, both five-bedroom, eight-bed homes with full amenity packages. Since acquiring 142 rentals in December 2024, the portfolio has grown to 153 units.