Auction - REO Sale: Bolden Courts | Value-Add… — Sale in Atlanta, GA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Atlanta, GA 30311

Photos

Auction - REO Sale: Bolden Courts | Value-Add… — Sale in Atlanta, GA, photo 1 of 2
Auction - REO Sale: Bolden Courts | Value-Add… — Sale in Atlanta, GA, photo 2 of 2

Description

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/3455/multifamily/atlanta/ga Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 3164 Cushman Circle is a 48-unit multifamily value-add opportunity in Southwest Atlanta, GA built entirely of two-bedroom/one-bathroom units. The property is currently just 25% occupied, giving a new owner a clean runway to reposition and stabilize the asset through focused leasing and professional management. Prior ownership already completed exterior capital improvements, reducing near-term capex needs and preserving curb appeal. With substantial vacancy in place, investors can drive meaningful NOI growth through improved occupancy, incremental unit upgrades, and tighter operations. The asset sits within an established Southwest Atlanta residential corridor with convenient access to Downtown Atlanta, Midtown, and Hartsfield-Jackson International Airport, in a submarket benefiting from steady population growth and expanding employment centers. Investment Highlights: • STARTING BID $450,000 | Bolden Courts | 48 Units | 25% Occupied | AUCTION NOVEMBER 2-4 • Substantial Vacancy Fuels Lease-Up Upside - Only 25% physical occupancy leaves significant room to lease up and stabilize operations. • 48-Unit Scale For Hands-On Execution - Forty-eight units provide efficient scale for a hands-on, value-add operating strategy. • All Two-Bedroom Unit Mix Aids Renter Demand - 100% two-bedroom/one-bath units support strong renter demand and longer average tenant tenure. • Exterior Capital Improvements Completed - Prior ownership completed exterior upgrades, reducing near-term capital expenditure needs. • Southwest Atlanta Infill Location Near I-285 - Convenient access to Downtown Atlanta, Midtown, and Hartsfield-Jackson International Airport. • Defined Value-Add Repositioning Plan - Professional management, targeted leasing, and incremental unit upgrades can drive NOI gro

Market Context

This multifamily in Atlanta, GA is listed for sale. Compare it against other multifamily listings for sale in Atlanta, GA — view the full market.

Contact

Explore this market

Similar Multifamily Property for Sale in Atlanta, GA