REO Sale: Bolden Courts | Atlanta Metro

Highlights:

• Low In-Place Occupancy (38%) – Significant upside through lease-up and operational stabilization.
• 48-Unit Multifamily Asset – Efficient scale for hands-on value-add execution.
• Desirable Unit Mix – 100% two-bedroom / one-bathroom units support strong renter demand and longer tenant tenure.
• Exterior Capital Improvements Completed – Prior ownership completed exterior upgrades, reducing near-term CapEx requirements.
• Value-Add Repositioning Opportunity – Ability to enhance cash flow through professional management, targeted leasing, and incremental unit improvements.

Description:

Ri Marketplace Online Auction February 16th-18th, 2026
Register to bid on Marketplace:

https://rimarketplace.com/auction/2950/reo-sale-bolden-courts-atlanta-msa?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=multifamily_2950

Marcus & Millichap, in conjunction with RI Marketplace, are pleased to present Bolden Courts, a 48-unit multifamily property located at 3164 Cushman Circle, Atlanta, GA (the “Property”). The Property features a highly desirable unit mix of all two-bedroom/one-bathroom units and is currently operating at 38% physical occupancy, presenting a compelling value-add and lease-up opportunity for investors.

The asset benefits from exterior upgrades completed by the previous owner, improving curb appeal and reducing immediate capital needs. With substantial vacancy in place, investors have the opportunity to implement a focused lease-up strategy, stabilize operations, and drive meaningful NOI growth through improved occupancy and management efficiencies.

Located within an established Southwest Atlanta residential corridor, the property offers convenient access to major transportation routes connecting residents to Downtown Atlanta, Midtown, and Hartsfield-Jackson International Airport. The surrounding area continues to experience strong demand for well-located, affordable multifamily housing, supported by population growth and expanding employment centers throughout the metro.


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.

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