695 Cameron M Alexander Blvd NW - Apartments FOR SALE


Atlanta, GA 30318- English Avenue
$1,250,000 USD
404-876-1640
695 Cameron M Alexander Blvd NW, Atlanta, GA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

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


OVERVIEW

10 unit Value-Add Multifamily opportunity near downtown Atlanta. Property is currently only 50% occupied with short term leases making it ideal for an investor who wants to renovate immediately and increase rents. The other 50% of units are down and need renovation. All 2 bed units have central heat and window AC. The two 1 bed units have window heat/ac. Roof & gutters replaced within last 3 years. Incredible upside with subsidized rents for similar units in the area as high as $1800+ per month. Great up and coming location within walking distance to GA Tech University and Coca-Cola Headquarters. Located one block from the new Westside Beltline Spur, a great amenity which connects to the Mercedes Benz Stadium and the Westside Beltline. Many new developments in the area including Echo West, the new Westside Quarry Park and more. Easy access to Midtown, West Midtown and I-75/85. Owner financing available for qualified purchasers with 30% down payment.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$197 USD /SF

# OF UNITS

10

PRICE/UNIT

$125,000

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

SPI 3, SA 3

APN/PARCEL ID

14-0111-0002-155-7

ASK ABOUT THIS PROPERTY

Andy LundsbergBull Realty Inc.More Info
404-876-1640

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Andy LundsbergBull Realty Inc.More Info
404-876-1640

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