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690 Cameron M Alexander Blvd NW
Atlanta, GA 30318
690 Cameron M Alexander Blvd · Multifamily Property For Sale
·
7 Units
Investment Highlights
- In a high-interest-rate environment, this provides the rare combination of positive leverage and explosive "Path of Progress" appreciation.
- Proven Value-Add Pathways
- The asset is within walking distance of The Proctor (133-unit luxury development) and Georgia Tech’s Science Square.
- 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
- Located just 0.2 miles from the Mercedes-Benz Stadium (Host of the 2026 FIFA World Cup) and State Farm Arena.
Executive Summary
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.
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.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | $1,569 CAD | 470 |
Property Taxes
| Parcel Number | 14-0111-0006-007-6 | Improvements Assessment | $222,290 CAD |
| Land Assessment | $47,754 CAD | Total Assessment | $270,044 CAD |
Property Taxes
Parcel Number
14-0111-0006-007-6
Land Assessment
$47,754 CAD
Improvements Assessment
$222,290 CAD
Total Assessment
$270,044 CAD
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