Acquired
December, 2020
Developable Unit
183
Buildable Land
205
Estimated Value
$82 million
A combination of 65 developed lots, and 205 acres of buildable land for additional 118 units
We broke ground immediately on the site, delivering our first round of homes in April of 2021
McCalla, AL
Cheshire Park
Acquired in 2016
93 homes built and sold developable unit density
Estimated completed value of $22 million
Detached single family homes for sale. A combination of 30 developed lots, and buildable land for additional 91 units.
Currently in completion of the last phase of construction
Porterdale, GA
Cedar Shoals
Acquired in Jan 2020
243 acres of buildable land
1,225 developable unit density
Estimated completed value of $350 million
341 single family homes, 164 townhomes & 720 multifamily; with 25 acres of commercially zoned land
Amended zoning to achieve increased density, breaking ground in March 2021 in our first phase single family home construction, and pre-development of our first phase of multifamily