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(February 2025) Heritage Village: Installed Underground Utilities

Date: February 12, 2025

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Location: Huntsville, Alabama

Update: Heritage Village (Lot Delivery)
Huntsville, Alabama
114 Lots

Last week, we installed underground electrical utilities. We’re currently working on installing water lines, after which we’ll begin curb and gutter.

This project is next to Creekside Commons (54 Lots), where we completed horizontal development last week.

+/- 50 acres located on Sanderson Road in the Huntsville, Alabama. The business plan encompasses developing a raw land parcel into 114 completed lots and selling the completed lots to a National Homebuilder (buyer). Upon the land purchase, the sponsor will have a forward purchase contract in place with the National Homebuilder to purchase the…

Fully Funded
100%
IRR: 35.0%
Equity Multiple: 2.39x
Time Frame: 2 Years

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