Arrived Homes 5 LLC

10/27/2026 | Press release | Distributed by Public on 10/27/2026 15:05

Securities Offering by Private Issuer (Form 253G2)

Filed Pursuant to Rule 253(g)(2)

File No. 024-12523

Arrived Homes 5, LLC

SUPPLEMENT NO. 2 DATED October 27, 2026
TO THE OFFERING CIRCULAR DATED May 19, 2026

This document supplements, and should be read in conjunction with, the offering circular of Arrived Homes 5, LLC ("we", "our" or "us"), dated May 19, 2026, as previously supplemented, and filed by us with the Securities and Exchange Commission (the "Commission") (collectively, the "Offering Circular"). Unless otherwise defined in this supplement, capitalized terms used in this supplement shall have the same meanings as set forth in the Offering Circular.

The purpose of this supplement is to disclose:

●

Our Net Asset Value ("NAV") Per Interest for each series as of October 25, 2026.

Net Asset Value as of October 25, 2026

As of October 25, 2026, our net asset value ("NAV") per interest for each series is set in the table below. This NAV per interest shall be effective until updated by us on or about January 25, 2027.

Series

NAV Per Interest

Adela

$10.77

Adler

$10.02

Alex

$10.27

Ameris

$10.21

Arbolado

$10.55

Belleglade

$10.00

Briarmanor

$9.74

Camphor

$9.90

Clark

$10.08

Cyrus

$10.09

Evie

$10.23

Fortress

$9.60

Gerardo

$10.01

Goldfinger

$9.75

Hendricks

$11.26

Lenka

$10.21

Liam

$10.05

Lilinoe

$9.56

Lois

$10.26

Marilyn

$10.00

Metcalf

$9.68

Nathan

$10.06

Poshington

$10.09

Pumpkin

$10.16

Raider

$10.40

Sambino

$10.04

Sandpiper

$10.05

Scarlett

$9.99

Sinalda

$9.80

Targaryen

$9.84

Tilly

$10.11

Troncos

$9.63

Tully

$9.44

Tyrell

$9.87

Vega

$9.99

Wasilla

$10.11

Wendover

$9.46

Whippoorwill

$9.58

Wildcat

$10.34

Windgate

$9.96

Wyndsong

$10.31

The following sets forth the calculation of each series' NAV per interest:


BALANCE SHEET (UNAUDITED) [1]

Adela

Adler

Alex

Ameris

Arbolado

Belleglade

Briarmanor

ASSETS

Current assets:

Cash

$

11,851

$

29,226

$

22,052

$

13,365

$

19,357

$

25,529

$

23,514

Other receivables

-

-

-

-

-

-

-

Prepaid expenses

-

-

-

-

-

-

-

Deposits

5,730

4,377

4,364

3,464

4,251

5,319

5,630

Property and equipment, net

228,892

348,911

335,749

243,928

329,038

363,875

394,894

Total assets

$

247,876

$

383,225

$

363,066

$

262,161

$

353,365

$

395,682

$

425,000

LIABILITIES

Current liabilities:

Accrued expenses

$

3,268

$

7,766

$

3,569

$

3,386

$

3,787

$

4,425

$

4,388

Accounts payable

-

-

-

-

-

-

-

Due to (from) related parties

1,720

2,800

3,063

2,079

2,140

3,133

2,540

Tenant deposits

4,000

2,345

2,345

1,750

2,345

2,995

3,095

Note payable, related party

-

-

-

-

-

-

-

Mortgage payables

-

-

-

-

-

-

-

Total liabilities

$

8,988

$

12,910

$

8,977

$

7,214

$

8,272

$

10,553

$

10,023

MEMBERS' EQUITY (DEFICIT)

Members' capital

252,369

379,457

361,878

269,866

364,270

389,938

434,260

Accumulated deficit

(13,482)

(9,142)

(7,790)

(14,920)

(19,177)

(4,809)

(19,283)

Total members' equity (deficit)

$

238,888

$

370,315

$

354,088

$

254,946

$

345,093

$

385,129

$

414,977

Total liabilities and members' equity (deficit)

$

247,876

$

383,225

$

363,066

$

262,161

$

353,365

$

395,682

$

425,000

NET FAIR VALUE OF ASSETS

Net asset value with members' equity (without fair value adjustments)

238,888

370,315

354,088

254,946

345,093

385,129

414,977

Net adjustments to fair value

66,047

56,443

67,879

52,693

76,838

57,596

51,599

TOTAL NET ASSETS

$

304,935

$

426,758

$

421,967

$

307,639

$

421,931

$

442,726

$

466,576

NET ASSET VALUE PER INTEREST

$

10.77

$

10.02

$

10.27

$

10.21

$

10.55

$

10.00

$

9.74

Camphor

Clark

Cyrus

Evie

Fortress

Gerardo

Goldfinger

ASSETS

Current assets:

Cash

$

7,748

$

13,866

$

20,975

$

7,228

$

15,995

$

22,574

$

31,495

Other receivables

-

-

-

-

-

-

-

Prepaid expenses

-

-

-

-

-

-

-

Deposits

3,408

3,922

3,511

3,833

4,361

5,039

4,908

Property and equipment, net

260,297

306,765

378,620

251,981

353,976

359,756

525,431

Total assets

$

272,245

$

325,315

$

403,833

$

263,802

$

375,188

$

388,155

$

563,034

LIABILITIES

Current liabilities:

Accrued expenses

$

2,020

$

6,278

$

3,158

$

2,085

$

3,123

$

3,144

$

3,137

Accounts payable

-

-

-

-

-

-

-

Due to (from) related parties

2,322

2,983

2,422

1,889

2,826

2,696

5,079

Tenant deposits

1,745

1,995

1,795

2,045

2,895

2,795

2,495

Note payable, related party

-

-

-

-

-

-

-

Mortgage payables

-

-

-

-

-

-

-

Total liabilities

$

6,087

$

11,256

$

7,375

$

6,019

$

8,844

$

8,635

$

10,711

MEMBERS' EQUITY (DEFICIT)

Members' capital

276,903

340,899

422,349

271,071

382,545

383,467

574,228

Accumulated deficit

(10,746)

(26,840)

(25,891)

(13,288)

(16,202)

(3,948)

(21,905)

Total members' equity (deficit)

$

266,157

$

314,059

$

396,458

$

257,783

$

366,344

$

379,519

$

552,323

Total liabilities and members' equity (deficit)

$

272,245

$

325,315

$

403,833

$

263,802

$

375,188

$

388,155

$

563,034

NET FAIR VALUE OF ASSETS

Net asset value with members' equity (without fair value adjustments)

266,157

314,059

396,458

257,783

366,344

379,519

552,323

Net adjustments to fair value

46,369

71,233

67,607

58,234

50,070

55,312

71,245

TOTAL NET ASSETS

$

312,526

$

385,292

$

464,065

$

316,017

$

416,413

$

434,831

$

623,568

NET ASSET VALUE PER INTEREST

$

9.90

$

10.08

$

10.09

$

10.23

$

9.60

$

10.01

$

9.75

Hendricks

Lenka

Liam

Lilinoe

Lois

Marilyn

Metcalf

ASSETS

Current assets:

Cash

$

16,775

$

17,646

$

17,076

$

23,137

$

13,710

$

24,272

$

18,640

Other receivables

-

-

-

-

-

-

-

Prepaid expenses

-

-

-

-

-

-

-

Deposits

4,537

4,900

6,291

5,079

5,068

4,508

4,901

Property and equipment, net

241,993

319,912

417,699

363,189

311,570

352,825

300,523

Total assets

$

264,174

$

343,497

$

442,140

$

392,686

$

331,111

$

382,478

$

324,845

LIABILITIES

Current liabilities:

Accrued expenses

$

5,184

$

3,947

$

2,334

$

5,057

$

6,365

$

2,379

$

3,002

Accounts payable

-

-

-

-

-

-

-

Due to (from) related parties

1,844

2,935

3,835

2,950

3,503

2,303

2,551

Tenant deposits

2,495

2,495

3,395

2,595

2,695

2,295

2,695

Note payable, related party

-

-

-

-

-

-

-

Mortgage payables

-

-

-

-

-

-

-

Total liabilities

$

9,522

$

9,377

$

9,564

$

10,602

$

12,563

$

6,977

$

8,248

MEMBERS' EQUITY (DEFICIT)

Members' capital

265,749

337,247

443,198

391,836

325,299

383,520

316,167

Accumulated deficit

(11,098)

(3,126)

(10,621)

(9,753)

(6,750)

(8,019)

430

Total members' equity (deficit)

$

254,651

$

334,121

$

432,576

$

382,084

$

318,548

$

375,501

$

316,597

Total liabilities and members' equity (deficit)

$

264,174

$

343,497

$

442,140

$

392,686

$

331,111

$

382,478

$

324,845

NET FAIR VALUE OF ASSETS

Net asset value with members' equity (without fair value adjustments)

254,651

334,121

432,576

382,084

318,548

375,501

316,597

Net adjustments to fair value

86,809

63,793

78,150

41,229

73,286

55,318

36,025

TOTAL NET ASSETS

$

341,460

$

397,914

$

510,727

$

423,312

$

391,835

$

430,819

$

352,622

NET ASSET VALUE PER INTEREST

$

11.26

$

10.21

$

10.05

$

9.56

$

10.26

$

10.00

$

9.68

Nathan

Poshington

Pumpkin

Raider

Sambino

Sandpiper

Scarlett

ASSETS

Current assets:

Cash

$

11,003

$

28,347

$

19,689

$

21,487

$

11,990

$

29,392

$

18,257

Other receivables

-

-

-

-

-

-

-

Prepaid expenses

-

-

-

-

-

-

-

Deposits

3,245

4,745

5,360

5,760

4,895

3,708

2,752

Property and equipment, net

175,228

381,193

315,800

352,838

289,625

380,355

424,310

Total assets

$

190,003

$

415,104

$

341,748

$

380,918

$

307,347

$

414,186

$

446,143

LIABILITIES

Current liabilities:

Accrued expenses

$

3,601

$

1,135

$

2,926

$

4,537

$

3,013

$

4,400

$

10,610

Accounts payable

-

-

-

-

-

-

-

Due to (from) related parties

1,304

2,777

3,077

2,510

2,955

2,234

2,746

Tenant deposits

2,443

2,395

2,545

2,995

2,645

1,895

2,795

Note payable, related party

-

-

-

-

-

-

-

Mortgage payables

-

-

-

-

-

-

-

Total liabilities

$

7,348

$

6,307

$

8,548

$

10,042

$

8,613

$

8,529

$

16,150

MEMBERS' EQUITY (DEFICIT)

Members' capital

194,597

421,512

333,737

379,797

309,508

420,611

468,803

Accumulated deficit

(11,942)

(12,714)

(537)

(8,920)

(10,774)

(14,954)

(38,811)

Total members' equity (deficit)

$

182,655

$

408,798

$

333,200

$

370,877

$

298,734

$

405,657

$

429,992

Total liabilities and members' equity (deficit)

$

190,003

$

415,104

$

341,748

$

380,918

$

307,347

$

414,186

$

446,143

NET FAIR VALUE OF ASSETS

Net asset value with members' equity (without fair value adjustments)

182,655

408,798

333,200

370,877

298,734

405,657

429,992

Net adjustments to fair value

36,062

69,390

61,163

79,261

61,136

58,143

82,096

TOTAL NET ASSETS

$

218,717

$

478,188

$

394,362

$

450,137

$

359,870

$

463,801

$

512,088

NET ASSET VALUE PER INTEREST

$

10.06

$

10.09

$

10.16

$

10.40

$

10.04

$

10.05

$

9.99

Sinalda

Targaryen

Tilly

Troncos

Tully

Tyrell

Vega

ASSETS

Current assets:

Cash

$

24,259

$

23,847

$

13,155

$

23,428

$

30,355

$

24,543

$

25,978

Other receivables

-

-

-

-

-

-

-

Prepaid expenses

-

-

-

-

-

-

-

Deposits

5,224

5,211

4,357

4,253

6,490

4,120

4,858

Property and equipment, net

374,486

379,241

305,686

336,847

464,419

312,593

378,620

Total assets

$

404,852

$

409,227

$

324,044

$

365,258

$

502,731

$

342,034

$

410,183

LIABILITIES

Current liabilities:

Accrued expenses

$

4,382

$

4,817

$

3,271

$

5,269

$

2,677

$

2,798

$

2,358

Accounts payable

-

-

-

-

-

-

-

Due to (from) related parties

3,412

3,056

2,276

2,886

3,998

2,669

3,045

Tenant deposits

3,293

2,695

2,195

2,395

3,893

2,095

2,695

Note payable, related party

-

-

-

-

-

-

-

Mortgage payables

-

-

-

-

-

-

-

Total liabilities

$

11,086

$

10,568

$

7,742

$

10,550

$

10,567

$

7,562

$

8,098

MEMBERS' EQUITY (DEFICIT)

Members' capital

406,615

400,701

332,405

368,048

504,795

337,264

408,830

Accumulated deficit

(12,849)

(2,041)

(16,103)

(13,341)

(12,631)

(2,792)

(6,745)

Total members' equity (deficit)

$

393,766

$

398,659

$

316,302

$

354,708

$

492,164

$

334,472

$

402,085

Total liabilities and members' equity (deficit)

$

404,852

$

409,227

$

324,044

$

365,258

$

502,731

$

342,034

$

410,183

NET FAIR VALUE OF ASSETS

Net asset value with members' equity (without fair value adjustments)

393,766

398,659

316,302

354,708

492,164

334,472

402,085

Net adjustments to fair value

54,362

52,604

57,778

42,459

38,917

43,687

57,129

TOTAL NET ASSETS

$

448,129

$

451,263

$

374,080

$

397,166

$

531,082

$

378,159

$

459,214

NET ASSET VALUE PER INTEREST

$

9.80

$

9.84

$

10.11

$

9.63

$

9.44

$

9.87

$

9.99

Wasilla

Wendover

Whippoorwill

Wildcat

Windgate

Wyndsong

ASSETS

Current assets:

Cash

$

32,021

$

20,295

$

21,377

$

18,361

$

19,911

$

18,343

Other receivables

-

-

-

-

-

-

Prepaid expenses

-

-

-

-

-

-

Deposits

-

4,908

7,662

4,988

5,042

-

Property and equipment, net

404,257

365,227

363,637

314,121

294,564

348,228

Total assets

$

437,238

$

393,025

$

393,754

$

338,377

$

320,236

$

367,484

LIABILITIES

Current liabilities:

Accrued expenses

$

4,014

$

3,160

$

2,813

$

2,415

$

3,168

$

11,022

Accounts payable

-

-

-

-

-

-

Due to (from) related parties

3,113

2,567

2,743

2,038

2,367

2,334

Tenant deposits

-

2,495

5,240

2,795

4,190

-

Note payable, related party

-

-

-

-

-

-

Mortgage payables

-

-

-

-

-

-

Total liabilities

$

7,126

$

8,222

$

10,796

$

7,248

$

9,725

$

13,355

MEMBERS' EQUITY (DEFICIT)

Members' capital

441,824

393,807

391,096

336,932

316,814

395,943

Accumulated deficit

(11,713)

(9,004)

(8,138)

(5,803)

(6,303)

(41,814)

Total members' equity (deficit)

$

430,111

$

384,803

$

382,958

$

331,129

$

310,511

$

354,129

Total liabilities and members' equity (deficit)

$

437,238

$

393,025

$

393,754

$

338,377

$

320,236

$

367,484

NET FAIR VALUE OF ASSETS

Net asset value with members' equity (without fair value adjustments)

430,111

384,803

382,958

331,129

310,511

354,129

Net adjustments to fair value

68,080

32,229

40,142

62,773

48,730

93,226

TOTAL NET ASSETS

$

498,191

$

417,032

$

423,100

$

393,902

$

359,241

$

447,355

NET ASSET VALUE PER INTEREST

$

10.11

$

9.46

$

9.58

$

10.34

$

9.96

$

10.31

[1] Estimated Balance Sheet as of August 31, 2026.


As described in the section "Description of the Securities Being Offered-Valuation Policies," in the Offering Circular, our operating agreement provides that, following the initial period, at the end of each quarterly period our Manager's internal accountants and asset management team will calculate our NAV using a process that reflects, among other matters:

●

an estimated value of our investments, as determined by the Manager's asset management team, including related liabilities, based upon (a) information from publicly available sources about (i) market rents, comparable sales information and interest rates and (ii) with respect to debt, default rates and discount rates, and (b) in certain instances reports of the underlying real estate provided by an independent valuation expert or automated valuation models;

●

the price of liquid assets for which third party market quotes are available;

●

accruals of our periodic distributions on our interests; and

●

estimated accruals of the revenues, fees and expenses where we will (a) amortize the brokerage fee, offering expenses and sourcing fee over the lesser of ten years and the fixed rate period of the long term financing tied directly to the assets (typically five to ten years), and (b) include accrued fees and operating expenses, accrued distributions payable, accrued management fees and any inter-company loans extended to the Company by our Manager.

Such determinations may include subjective judgments by the Manager regarding the applicability of certain inputs to market rents and comparable sales information. We do not utilize a capitalization rate approach in determining NAV, because given the nature of our investments in primary residences, we do not believe that the value of a many of our assets can be determined based solely on the business activities as the resale value of such asset will be decided independently of the success of such business activities.

Note, however, that the determination of our NAV is not based on, nor intended to comply with, fair value standards under U.S. GAAP, and such NAV may not be indicative of the price that we would receive for our assets at current market conditions. As a result, the calculation of our NAV may not reflect the precise amount that might be paid for your interests in a market transaction, and any potential disparity in our NAV may be in favor of either holders who redeem their interests, or holders who repurchase such interests, or existing holders. In instances where we determine that an appraisal of a property is necessary, including, but not limited to, instances where third party market values for comparable properties are either nonexistent or extremely inconsistent, we will engage an appraiser that has expertise in appraising residential real estate assets, to act as our independent valuation expert. The independent valuation expert is not responsible for, nor for preparing, our NAV per interest.

As there is no market value for the interests of any series as they are not expected to be listed or traded on any stock exchange (though periodic trading may become available pursuant to our arrangement with North Capital Private Securities ("NCPS"), which is intended to facilitate secondary transactions in interests on an alternative trading system owned and operated by NCPS, as described in the section "Description of Business-Liquidity Platform" in the Offering Circular), our goal in setting NAV on a quarterly basis is to provide a reasonable estimate of the value of our interests on a quarterly basis. However, each series property consists of residential real estate and, as with any residential real estate valuation protocol, the conclusions reached by the Manager's asset management team or internal accountants, as the case may be, are based on a number of judgments, assumptions and opinions about future events that may or may not prove to be correct. The use of different judgments, assumptions or opinions would likely result in different estimates of the value of our investments. In addition, for any given period, our published NAV may not fully reflect certain material events, to the extent that the financial impact of such events on our portfolio is not immediately quantifiable.

Arrived Homes 5 LLC published this content on October 27, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on October 27, 2026 at 21:05 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]