Preparing to Market Townhomes

Acquired October 10, this Huntsville, Alabama property includes 11 townhomes purchased for $2.18M. The strategy is to sell some units while holding others as rentals. Marketing is underway with new property photos, while leasing and sales beginning shortly.

On October 10th, we successfully acquired a property in Huntsville, Alabama, consisting of 11 townhomes for $2,184,200.

Our business plan involves selling a portion of the units while retaining the rest as rentals.

Since acquiring the property, we have begun marketing the townhomes and obtained photos showcasing both the exteriors and interiors, which you can view below.

As units are leased and sold, the project will generate additional cash flow for the fund, which we share with our investors through quarterly distributions.

More Projects Update

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.
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 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.
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