Marcus & Millichap is 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 25% physical occupancy, presenting a compelling value-add and lease-up opportunity for investors. There are currently 9 pending evictions at the property.
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.