Home » Arabella Real Estate Fund » Baltimore Hill

Baltimore Hill

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.

Community Development

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

Construction crews installing underground utilities on site

Utility Installation Nearing Completion – February 2026

Utility trenching with heavy equipment on construction site

Underground Utilities Being Installed – February 2026

Excavated trenches for underground utility installation

Water and Electrical Lines Underway – February 2026

Water and electrical lines being installed underground

Utility Trenching in Progress – February 2026

Underground water line installation in progress

Installing Underground Water Lines – February 2026

Electrical conduit being installed below ground

Electrical Conduit Installation Underway – February 2026

Utility installation work underway across development site

Site Utilities Installation in Progress – February 2026

Underground infrastructure installation nearing completion

Underground Infrastructure Nearing Completion – February 2026

Water line utilities being installed in trenches

Water Line Installation Underway – February 2026

Electrical utility installation with construction equipment

Electrical Utilities Being Installed – February 2026

Utility work progressing across active construction area

Utility Work Progressing on Site – February 2026

Essential underground utilities being installed on site

Installing Essential Underground Utilities – February 2026

Utility installation phase underway at development

Utility Installation Phase Underway – February 2026

Utility infrastructure installation underway with trenching

Utility Infrastructure Installation Underway – February 2026

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Photo Showcasing Grading Completion – September 2025

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Image Showing Site After Grading Completed – September 2025

Construction Equipment Used For Grading – September 2025

Site Grading & Clearing Completed – September 2025

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Final Touches Being Completed For Grading – September 2025

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Grading Nearing Completion – September 2025

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Progressing Through Site Grading – August 2025

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Site Mobilization & Grading Underway – August 2025

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Construction Vehicles Mobilizing For Site Grading – August 2025

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Site Clearing & Grading Underway – July 2025

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Construction Equipment on Site for Excavation – July 2025

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Site Mobilization with Clearing Underway – July 2025

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.

February 5, 2026

Electrical & Water Utilities Installed

Last quarter, we completed grading and installed sewer and storm utilities. Electrical and water installations began month and are now complete. As development continues, project generates fee income for fund, shared with investors through quarterly distributions.

February 5, 2026

January 8, 2026

Sewer & Storm Utilities Finalized

In December, we finalized sewer and storm utilities and began installing electrical and water infrastructure. As horizontal development progresses, we are pursuing a buyer to position the property for a finished-lot sale once completed.

January 8, 2026

December 26, 2025

Sewer & Storm Nearing Completion

Last month, we began installing sewer and storm utilities at the site and have made significant progress, nearing completion. We are actively seeking a buyer so that once work is finished, we can sell the property as fully developed, finished lots.

December 26, 2025

October 6, 2025

Grading Complete

Last quarter, we broke ground, cleared the site, and began grading. This month, grading finished. Next, sewer and storm systems begin. As development advances, the project generates fund income via fees, shared with investors through quarterly distributions.

October 6, 2025

September 3, 2025

Site Clearing Completed

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

September 3, 2025

August 13, 2025

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

July 16, 2025

Site Clearing Underway

Last month, we completed due diligence and officially acquired Baltimore Hill for the Arabella Real Estate Fund. We submitted plans, addressed city comments, and resubmitted for permitting. Last week, we began clearing and grading the site.

July 16, 2025

June 30, 2025

Acquired for $2,558,500

Earlier this week, we closed on Baltimore Hill — 60.2 acres in Huntsville, AL — for $2,558,500. The 182-lot community will be sold to two national homebuilders. Projected fund-level returns: 86.10% IRR, 2.55x equity multiple, 18-month hold.

June 30, 2025

May 14, 2025

Submitted for Permitting Approval

Q1 2025, we concluded due diligence on Canton Self-Storage. In April 2025, we acquired the project and added it to the Fund. May 2025, we submitted for permitting and received initial comments. Next: secure final approval and break ground.

May 14, 2025

Received Additional Comments on Permit

On January 23, we placed Baltimore Hill under contract and began due diligence. In April, we submitted plans to the city for permitting. In May, we received comments and are now addressing them. Upon approval, we will finalize due diligence and close on the project.

May 14, 2025

April 16, 2025

Due Diligence in Progress

One of our 2025 goals is adding four lot projects to the Fund; Baltimore Hill is one. Since going under contract, we’ve advanced due diligence, now verifying ownership and wetlands. We plan to close and add it to the Arabella Real Estate Fund in Q3.

April 16, 2025

February 12, 2025

Conducting Due Diligence

Under Contract: Baltimore Hill – 60.2 acres in Huntsville, AL. On January 23, we placed the property under contract to develop 180 lots for sale to a national homebuilder. We are currently doing the due diligence needed to acquire and add this project to our fund.

February 12, 2025