REO Sale: Bolden Flats | Atlanta MSA

Highlights:

• • Low In-Place Occupancy (50%) – Significant upside through lease-up and stabilization.
• • 32-Unit Multifamily Property – Efficient scale for hands-on value-add execution.
• • Diverse Unit Mix – 10 three-bedroom, 13 two-bedroom, and 9 one-bedroom units.
• • Exterior Capital Improvements Completed – Exterior upgrades enhance curb appeal and reduce near-term CapEx.
• • Interior Upside Remaining – Select renovated units provide a roadmap for continued value-add.

Description:

Ri Marketplace Online Auction March 9th-11th, 2026
Register to bid on Marketplace:

https://rimarketplace.com/auction/2949/reo-sale-bolden-flats-atlanta-msa?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=multifamily_2949

Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present Bolden Flats, a 32-unit multifamily property located at 1003 Washington Street, Atlanta, Georgia (the “Property”). The Property features a well-balanced unit mix consisting of 11 three-bedroom/one-bathroom units, 13 two-bedroom/one-bathroom units, and 10 one-bedroom/one-bathroom units.

Bolden Flats is currently operating at 50% occupancy, presenting a compelling value-add and lease-up opportunity. Exterior upgrades have been completed, improving overall condition and curb appeal, while select units have already been renovated, allowing investors to continue a proven renovation strategy.
Located within an established Southwest Atlanta residential corridor, the property offers convenient access to Downtown Atlanta, Midtown, and Hartsfield-Jackson International Airport. Strong demand for affordable and workforce-oriented housing continues to support long-term rental fundamentals in the submarket.


Lamar P. Fisher
Fisher Auction Company Inc.
License: AUNR003157
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

Documents: