Investment Highlights

Untouched Value-Add Opportunity
Creekside has all original interiors from when the property was developed. New ownership will have the opportunity to add value to the property by updating the interiors, such as new flooring, countertops, appliances or painted cabinets.

Well Below Replacement Cost
New ownership will be able to acquire a newer vintage asset well below replacement cost.

Rent Growth Potential
Submarket rents are anticipated to grow by 3.6% in 2021, 6.1% in 2022, and 4.0% in 2023, according to CoStar projections.

Proximity to Sylacauga Demand Drivers
Creekside provides convenient access to nearby demand drivers, including:

  • Coosa Valley Medical Center - 168 beds, 675 jobs
  • Major Retail - Walmart, Home Depot, TJ Maxx, Hobby Lobby, Chick Fil A, Sally Beauty, Burke’s
  • Within 5 minutes of all zoned schools

Flourishing Manufacturing Sector
Sylacauga and Talladega County boast a strong and diversified industrial base built on the area’s proximity to transportation routes, raw materials, and available workforce. The Talladega-Sylacauga Micropolitan Statistical Area has been ranked the best micropolitan in the US for manufacturing jobs in the past and has historically been a leading sector in the area

Access to Talladega County Major Employers
Tenants have access to the largest employers in the county, including:

  • Honda of Alabama - 5,000 jobs
  • New South Express - 1,500 jobs
  • Alabama Institute for Deaf & Blind - 1,266 jobs

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