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Location: Huntsville, Alabama
Update: Creekside Commons
Lot Delivery – 54 Lots
Huntsville, Alabama
On March 28th, the city approved our final plat. Last week, we received a Letter of Intent (LOI) from a national homebuilder to buy all 54 Lots.
We are currently working through the details of the purchase and sale agreement.
+/- 14 acres located on Sanderson Road in the Huntsville, Alabama. The business plan encompasses developing a raw land parcel into 54 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…
You can achieve this IRR by investing in the Arabella Real Estate Fund.
