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Arabella Capital
CURRENT

BTR

Emma at Arabella Village Phase 1

Emma at Arabella Village Phase 1 is 66 build-to-rent townhomes in Tanner, Alabama. The first phase is complete and moving into lease-up, and later phases are entitled.

Market

Tanner, Alabama

Status

CURRENT

Related fund

Real Estate Fund

Latest update

May 2026

Foundations under way
Site work and new road
Aerial of site work
Aerial of site work

Project role

Townhome construction complete, moving into lease-up

Townhomes · current

66

Timeline

Project milestones.

Next

Next step

Lease-up, with permits filed for 18 more units.

May 2026

Phase complete

The first phase of build-to-rent townhomes is complete and moving into lease-up. Later phases are entitled.

Oct. 2025

Vertical construction

Vertical construction began in Oct. 2025.

Update archive

Project updates.

May 2026

First phase complete, lease-up begins

The first phase of build-to-rent townhomes is complete and moving into lease-up. Later phases are entitled.

Related fund

Arabella Real Estate Fund

Income now and growth over time across complementary real-estate strategies.

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