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Arabella Village

Athens, AL
| Mixed Use

Arabella Village is a mixed-use project in Huntsville, Alabama, spanning 103 acres, primarily within our Build-to-Rent allocation, which represents 70% of the fund.

Next Steps: Complete Vertical Construction of Emma at Arabella Village Phase 1
Fully Funded
100%
FUND LEVEL RETURNS
PROJECT LEVEL RETURNS

Arabella Village is a large-scale mixed-use development located on 103 acres along the high-growth corridor of Interstate 65 in Huntsville, Alabama. The site is zoned C-PUD for residential and commercial use and includes plans for 12 outparcels, anchored retail, and a mix of residential and commercial development.

This project is designed to create a vibrant community that integrates residential living with convenient access to shopping, dining, and essential services. Its location at a newly constructed exit along I-65 provides excellent visibility and accessibility, positioning it to benefit from Huntsville’s explosive population and economic growth.

As one of the first developments of this scale in the market, Arabella Village is set to become a cornerstone of the area, blending Build-to-Rent communities with complementary commercial assets to maximize value and long-term growth.

Project Photos

Site Plan Featuring Residential Phases of Emma at Arabella Village
Aerial View Showcasing the Commercial Portion of the Property
Aerial View Showcasing the Residential Portion of the Property

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.

September 18, 2025

Finalized Residential Master Plan

Earlier this year, we finalized the residential business plan for The Emma at Arabella Village Phases 1, 2, and 3.Last month, we received zoning approval for Phase 3, which finalized our master plan for the residential portion of Arabella Village.The commercial portion of this property will remain on hold until...

September 18, 2025
August 14, 2025

Commercial Section on Hold

Earlier this year, we finalized the residential business plan for Emma at Arabella Village Phases 1, 2, and 3.Phase 1 is now ready for vertical construction, Phase 2 is progressing through horizontal development, and zoning plans for Phase 3 have been submitted for review.The commercial portion of this property will remain on...

August 14, 2025
July 16, 2025

Construction Loan Secured for Phase 1

In Q4 of 2024, we updated the residential business plan, combining Emma Phases 1 and 3 into a single, fully amenitized build-to-rent community while selling Emma Phase 2 as finished lots to a national homebuilder.We have recently secured a loan to begin vertical construction on Phase 1. Additionally, we have...

July 16, 2025
June 30, 2025

Broke Ground on Phase 2

April 2025 – Finalizing budgets for Emma Phases 1 and 2, working on zoning for Phase 3, and developing the commercial business plan.May 2025 – Confirmed pricing for Phase 1, held a pre-construction meeting for Phase 2, addressed zoning comments for Phase 3, and progressed on the commercial plan.June 2025...

June 30, 2025
May 14, 2025

Finalized Residential Business Plan

Q4 2024 – Pivoted to combine Phases 1 and 3 into a single, fully amenitized build-to-rent community, and sell Emma Phase 2 as finished lots to a national homebuilder.Q1 2024 – Finalized the residential plan for all three phases of Emma at Arabella Village.Next steps – Prepare to break ground...

May 14, 2025
March 12, 2025

Working Through Zoning on Phases 1 & 3

Update: Arabella Village (Mixed-Use Community)Residential – 282 LotsCommercial – Grocery, Retail, etc.Last quarter, we updated the residential business plan, combining Emma Phases 1 and 3 into a single, fully amenitized build-to-rent community while selling Emma Phase 2 as finished lots to a national homebuilder.We’re currently working through zoning for Phases...

March 12, 2025
February 12, 2025

Revised Residential Business Plans

Update: Arabella Village (Mixed Use)Residential – 282 LOTsCommercial – Grocery, Retail, etc.Tanner, AlabamaArabella Village is a mixed-use development that we’ve had in our portfolio for several years. Last quarter, we revised our business plan and pivoted on the residential side. We are now combining Emma Phases 1 and 3 into...

February 12, 2025
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