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Baltimore Hill

Huntsville, Alabama
| Community Development

Baltimore Hill is a property in Huntsville, Alabama, consisting of 182 lots, which we plan to horizontally develop before selling to 2 homebuilders. This property is within our Build-to-Rent (BTR) allocation, which makes up 70% of the fund.

Next Steps: Complete Grading and Begin Installation of Utilities
Fully Funded
100%
FUND LEVEL RETURNS
Projected Returns

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

IRR: 86.10%
EM: 2.55x
PROJECT LEVEL RETURNS

Projected Returns

You can achieve this IRR by investing directly into this Project.

EM:

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.

Project Photos

On-Site Team Progressing Through Clearing and Grading
Visible Progress on Site Clearing and Grading
Trailers and Heavy Equipment Positioned for Site Development

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 3, 2025

Site Clearing Completed

Last month, we officially broke ground and began clearing the property.We have since completed site clearing and have begun grading the land.Grading is expected to be completed by the end of September or early October, after which we will begin installing utilities.

September 3, 2025
August 13, 2025

Site Clearing Nearing Completion

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...

August 13, 2025
July 16, 2025

Site Clearing Underway

Last month, we completed our due diligence and officially acquired Baltimore Hill as part of the Arabella Real Estate Fund.Additionally, we submitted our plans to the city for permitting approval. After receiving and addressing the city’s comments, we resubmitted the permit.Last week, we began clearing and grading the site so...

July 16, 2025
June 30, 2025

Acquired for $2,558,500

We’re excited to share that earlier this week, we officially closed on our newest acquisition, Baltimore Hill – now part of the Arabella Real Estate Fund – 506 C.Baltimore Hill consists of 60.2 acres in Huntsville, Alabama. Our development plan (see below) includes 182 residential lots, which will be sold to two nationally...

June 30, 2025
May 14, 2025

Received Additional Comments on Permit

Q1 2025 – On January 23rd, we placed the land under contract and began due diligence.April 2025 – Submitted our plans to the city for permitting approval.May 2025 – Received comments from the city and are currently addressing them.Next steps – Once permitting is approved, we will finalize due diligence...

May 14, 2025
April 16, 2025

Due Diligence in Progress

One of our goals this year is to add four lot development projects to our Fund, and Baltimore Hill is one of them.Since putting it under contract on January 23rd, we’ve been working through our due diligence checklist.Today, we’re focused on confirming past property ownership and mapping out any wetland...

April 16, 2025
March 12, 2025

Submitted for Permitting Approval

Baltimore Hill (Lot Delivery)Huntsville, Alabama180 LotsOn January 23rd, we put Baltimore Hill under contract. Last week, we submitted a Land Disturbance Permit.Once permitted, we’ll finalize due diligence and then add this project to our fund sometime in Q3.

March 12, 2025
February 12, 2025

Conducting Due Diligence

Under Contract: Baltimore HillOn January 23rd, we put 60.2 acres of land under contract in Huntsville, Alabama. We plan to develop 180 LOTs and sell those to a national home builder.We are currently doing the due diligence needed to acquire and add this project to our fund.

February 12, 2025
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