Phase 1 Paved & Plat Filed

Acquired last year, Baltimore Hill is a 60.2-acre development in Huntsville featuring 182 lots. Since acquisition the team has completed utility installation and paving on Phase 1, after which it filed for final plat approval as development continues to progress.

Last year, we acquired Baltimore Hill, a 60.2-acre development in Huntsville, Alabama, featuring 182 lots.

Since the acquisition, we have completed utility installation and paving on Phase 1, after which we filed for final plat approval.

As development progresses, this project is designed to contribute to the fund’s growth and income.

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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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