For Auction

REO Sale: Bolden Courts | Value-Add Reposition, Atlanta MSA

3164 Cushman Circle Southwest,
Atlanta, GA 30311
Represented by
Marcus & Millichap

Asset Snapshot

Real Estate
Asset Type
Multifamily
Property Type
Garden
Multifamily Subtype
1973
Year Built
2
Floor Count
2
Building Count
3.01 Acres
Land Area
48 Units
Unit Count
1,100 SF
Average Unit Size
43,176 SF
Property Size
25%
Occupancy
Occupancy As Of
Value-Add
Investment Profile

Investment Highlights

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 growth.

Offering Summary

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.

Due Diligence

Transaction Managers

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

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Auctioneer

Lamar P. Fisher
Fisher Auction Company Inc.
License: AUNR003157

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Auction Opens In
44d 18h 31m 59s
$450,000
Starting Bid
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Bidding Opens
Bidding Closes

Investment Sales Brokers

Scott Spalding
Marcus & Millichap
GA License: 357951
Marco Welch
Marcus & Millichap
GA License: 279869

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.