Projected IRR
37%
Projected Hold
3 Years
Year Acquired
2025
Creekside Apartments, located in Sylacauga, AL (part of the Birmingham CSA) is primed to take advantage of a low supply market with a strong employment diversification. Built in two-phases (2010 and 2014), this high-quality asset was acquired at a great basis of $65K/unit and after light interior renovations (granite countertops, new LVP flooring) and improved amenities (dog park, leasing office, and playground), the confidence is high that this can be a very high-performing ECA asset.
741 Merritt Capital Dr. Ste 104
Wake Forest, NC 27587
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