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Property profile & analytics
FOR SALE
Garden apartment buildings
690 Cameron M. Alexander Blvd NW Atlanta, GA 30318
Entity Owned
9-yr Hold
Property ID
US22-0493775
For Sale
1 / 8
$899,999
690 Cameron M. Alexander Blvd NW, Atlanta, GA 30318
View Listing →
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1952
Construction
WOOD
Total area
3,290 SF
Lot
0.27 ac (11,587 SF)
Zoning code
R5
APN
14 011100060076
UPID
US22-0493775
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$485k
CAP Approach
CAP
$610k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$590k
Owner & transaction history
Dark Ivey Ink LLC · 9 yrs held
Dark Ivey Ink LLC
since 2017
6 recorded transactions
Zoning & alternative use
R5 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$485,000
CAP Approach
CAP Return
Estimation
6%
$660,000
6.5%
$610,000
7%
$565,000
Blend value · Realmo final
$590k
Range $531k – $649k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$179 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,719
Tax year 2023
Assessed value
$65,680
Assessed 2023
Previous assessed
$65,680
+0.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$35,000
Assessed improvement
$30,680
Land market value
$87,500
Improvement market value
$76,700
Total market value
$164,200
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
For Sale
Year built
1952
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Units
7
Bathrooms
1
Total area
3,290 SF
Lot
0.27 ac (11,587 SF)
Zoning code
R5
APN
14 011100060076
UPID
US22-0493775
Jurisdiction
FULTON
Zoning & alternative use
R5 · Atlanta, GA
Zoning R5 · permitted uses
R5 · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1952
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
7
Bathrooms
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Dark Ivey Ink LLC
Entity
Mailing address
1535 DIPLOMAT DR, RIVERDALE, GA 30296-2032
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2021
—
Dark Ivey Ink LLC
—
Deed
related
$390,000 · Conventus
Oct 25, 2019
—
Dark Ivey Ink LLC
—
Deed
related
$204,000 · Silver Hill Funding
Jun 2, 2017
—
Dark Ivey Ink LLC
—
Deed
related
$123,750 · Velocity Com'l Cap
Mar 30, 2017
$165,000
Dark Ivey Ink LLC
Stewart,steven J
Grant Deed
$107,000 · Ohm LLC
Aug 22, 2016
$140,000
Steven J Stewart
Norton,w E SR
Warranty Deed
$100,000 · W E SR Norton
—
—
Dark Ivey Ink LLC
—
Deed Of Trust
related
$123,750 · Velocity Com'l Cap
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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