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 common shares; 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.

Safe Harbor Statement

The information contained in this Current Report on Form 1-U includes some statements that are not historical and that are considered "forward-looking statements." Such forward-looking statements include, but are not limited to, statements regarding our development plans for our business; our strategies and business outlook; anticipated development of our company, the manager and the Arrived platform (defined in the Offering Circular); and various other matters (including contingent liabilities and obligations and changes in accounting policies, standards and interpretations). These forward-looking statements express the manager's expectations, hopes, beliefs, and intentions regarding the future. In addition, without limiting the foregoing, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipates," "believes," "continue," "could," "estimates," "expects," "intends," "may," "might," "plans," "possible," "potential," "predicts," "projects," "seeks," "should," "will," "would" and similar expressions and variations, or comparable terminology, or the negatives of any of the foregoing, may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements contained in this Current Report on Form 1-U are based on current expectations and beliefs concerning future developments that are difficult to predict. Neither our company nor the manager can guarantee future performance, or that future developments affecting our company, the manager or the Arrived platform will be as currently anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements.

All forward-looking statements attributable to us are expressly qualified in their entirety by these risks and uncertainties. These risks and uncertainties, along with others, are also described in the Offering Circular under the headings "Summary – Summary Risk Factors" and "Risk Factors." Should one or more of these risks or uncertainties materialize, or should any of the parties' assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. You should not place undue reliance on any forward-looking statements and should not make an investment decision based solely on these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

SIGNATURES

Pursuant to the requirements of Regulation A, the issuer has duly caused this Current Report on Form 1-U to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on October 27, 2026.


	ARRIVED HOMES 5, LLC

	By:	Arrived Fund Manager, LLC
	Its:	Managing Member

	By:	/s/ Ryan Frazier
		Name: Ryan Frazier
		Title: Chief Executive Officer


	UNITED STATES SECURITIES AND EXCHANGE COMMISSION
	Washington, D.C. 20549

FORM 1-U
CURRENT REPORT PURSUANT TO REGULATION A

Date of Report: October 27, 2026
ARRIVED HOMES 5, LLC
(Exact name of issuer as specified in its Certificate of Formation)
Delaware			99-3997278
(State or other jurisdiction of incorporation or organization)			(I.R.S. Employer Identification No.)
		1700 Westlake Ave North, Suite 200 Seattle, WA 98109
		(Full mailing address of principal executive offices)
		(814)-277-4833
		(Issuer's telephone number)

		www.arrived.com
		(Issuer's website)

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