690 Cameron M Alexander Blvd NW - Multi-Family FOR SALE


Atlanta, GA 30318- English Avenue
$899,999 USD
404-635-6426
690 Cameron M Alexander Blvd NW, Atlanta, GA for Sale
$899,999 USD
Multi-Family - FOR SALE
1/9
null | 6.46% Cap Rate

690 Cameron M Alexander Blvd NW
Atlanta, GA 30318
English Avenue


HIGHLIGHTS

  • In a high-interest-rate environment, this provides the rare combination of positive leverage and explosive "Path of Progress" appreciation.
  • he asset benefits from the direct proximity of the $5.1 Billion Westside TAD and massive commitments from Coca-Cola, Arthur Blank Foundation, and more
  • Proven Value-Add Pathways
  • Located just 0.2 miles from the Mercedes-Benz Stadium (Host of the 2026 FIFA World Cup) and State Farm Arena.
  • The asset is within walking distance of The Proctor (133-unit luxury development) and Georgia Tech’s Science Square.

OVERVIEW

690 Cameron M. Alexander presents a rare, high-yield opportunity to acquire a fully-stabilized, 3-unit multifamily asset in the heart of English Avenue—Atlanta’s most aggressive growth submarket. Strategically positioned at the epicenter of $5.5 Billion in private and public capital investment, this asset offers investors an immediate 6.46% stabilized cap rate with a clear, dual-track path to significant equity appreciation. The property serves as a turn-key cash-flow engine in a neighborhood defined by institutional scarcity. With current rents trailing the market by 20% to 40%, an incoming owner can capture immediate "mark-to-market" upside with zero additional capital expenditure, or execute a targeted cosmetic value-add program to achieve a projected $1.4M+ exit valuation. English Avenue is undergoing a generational transformation. As the Westside Reservoir Park and the BeltLine Westside Trail continue to mature, 690 Cameron M. Alexander sits in the "sweet spot" of urban densification. 690 Cameron M. Alexander is not merely a rental property; it is a foothold in the most transformative square mile in the Southeast. Whether the strategy is a long-term yield play or a mid-term value-add exit, the asset’s proximity to Atlanta’s core infrastructure and the "wall of capital" surrounding it makes this a once-in-a-decade portfolio addition.

FOR SALE DETAILS

PRICE

$899,999 USD

PRICE/SF

$274 USD /SF

# OF UNITS

7

PRICE/UNIT

$128,571

CAP RATE

6.46%

% LEASED

86%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

690 Cameron M Alexander Blvd

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

R5

APN/PARCEL ID

14-0111-0006-007-6

ASK ABOUT THIS PROPERTY

Adrian ProvostRealty ONE Group TerminusMore Info
404-635-6426

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Adrian ProvostRealty ONE Group TerminusMore Info
404-635-6426

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.