Creekside Commons

Huntsville, Alabama
| Community Development

Creekside Commons is a lot delivery project in Huntsville, Alabama, consisting of 54 lots within our Build-to-Rent allocation, which represents 70% of the fund.

Next Steps: Close
Fully Funded
100%
FUND LEVEL RETURNS
Projected Returns

You can achieve this IRR by investing in the Arabella Real Estate Fund.

IRR: 71%
EM: 1.75x

Creekside Commons is a lot delivery project in Huntsville, Alabama, consisting of 54 lots within our Build-to-Rent allocation, which represents 70% of the fund.

Creekside Commons is a 14-acre lot delivery project located on Sanderson Road in Huntsville, Alabama. Our plan is to horizontally develop the raw land into 54 finished residential lots and sell them directly to a national homebuilder.

The property benefits from Huntsville’s rapid population and job growth, making it an attractive location for builders seeking to deliver new housing to a growing market.

By taking projects through grading, infrastructure, and utilities, we solve a key problem for builders and capture value by selling build-ready lots at premium prices.

Project Photos

Screenshot 2025 09 25 At 24701 PM
Road Paving Finalized as Development Nears Completion (2025)
Screenshot 2025 09 25 At 24342 PM
Underground Utilities Being Installed (2024)
Screenshot 2025 09 25 At 23949 PM
Site Grading in Preparation for Installation of Utilities (2024)

Project Updates

At any given time, our portfolio includes projects in different phases—acquisition, development, stabilization, and exit. That’s by design. This staggered structure allows us to generate consistent cash flow while building long-term value, freeing us to sell, hold, or refinance based on what the market demands, not arbitrary dates.

Here’s where our projects stand today.

December 30, 2025

Continued Buyer Due Diligence

Last quarter, we finalized negotiations and went under contract for $4,011,000. Last month, we executed a contract for Heritage Village Phase 1, which will be sold alongside Creekside Commons. Once the buyer completes due diligence, we will finalize the sale of these lots.
December 30, 2025
October 7, 2025

Buyer Due Diligence in Progress

Last quarter, we went under contract at $4,011,000. This month, the project is progressing toward closing. Once due diligence is complete, we will finalize the sale of this project, delivering realized returns to the Arabella Real Estate Fund.
October 7, 2025
September 5, 2025

Buyer Conducting Due Diligence

Last month, we finalized negotiations with the buyer and went under contract for $4,011,000. The buyer is now proceeding through due diligence to vet the property before closing. Once complete, we will finalize and execute the contract to sell these lots.
September 5, 2025
August 5, 2025

Under Contract for $4,011,000

Last quarter, we received an LOI and began working through the details of a purchase and sale agreement. Last month, we finalized negotiations with the buyer and went under contract for $4,011,000. Once complete, we will execute the contract and finalize the sale.
August 5, 2025
July 16, 2025

Ongoing Review of Purchase & Sale Agreement

In Q1 2025, we completed horizontal development and received plat approval, pivoting on an LOI received in October. Last quarter, we received a new LOI and advanced the PSA. Once finalized, we will exit the project, generating realized returns for the fund.
July 16, 2025
June 30, 2025

Working Through Purchase & Sale Agreement

In April 2025, we received an LOI from a national homebuilder. In May and June, we continued working through the details of the purchase and sale agreement. Next steps are to execute the contract and complete the sale of these lots.
June 30, 2025
May 14, 2025

Received Letter of Intent

On March 28th, the city approved our final plat, and last week we received an LOI from a national homebuilder to purchase all 54 lots. We are currently working through the details of the purchase and sale agreement.
May 14, 2025
April 16, 2025

Received Plat Approval

In March, we submitted the plat for approval. This week, we received and recorded the final plat.We are currently working to finalize a contract to sell the lots of Creekside Commons to a national homebuilder.

April 16, 2025
March 12, 2025

Submitted for Plat Approval

All horizontal development at Creekside Commons is complete, and the plat has been submitted for final city approval. Upon approval, we plan to sell all 54 developed lots to a national homebuilder, similar to our Steeplechase Phase 3 exit.
March 12, 2025
February 12, 2025

Finalized Horizontal Development

Horizontal development at Creekside Commons is complete, and we are preparing to submit the plat to the city for final approval. Once approved, we plan to sell all developed lots to a national homebuilder, positioning the project for an exit.
February 12, 2025
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