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Multifamily

Auction - REO Sale: Bolden Townhomes | Atlanta MSA

1240 Oakland Dr SW, Atlanta, GA 30310

Starting Bid: $200,000

Number of Units
60
Price/Unit
$3,333
Auction Type
Reserve
Auction Start Date
Nov 17, 2025
Auction End Date
Nov 19, 2025

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/2853/

Marcus and Millichap, in conjuction with RI Marketplace are pleased to present Bolden Townhomes, a 60-unit, one-bedroom/two-bathroom townhome-style multifamily property located in the heart of Southwest Atlanta. Fully vacant and featuring many units with new windows and HVAC condensers, the property presents a significant value-add opportunity for investors to lease-up and reposition. Its prime location near the Atlanta BeltLine and the proposed Tyler Perry Entertainment District positions it for strong long-term growth and enhanced market demand.

Located just minutes from the Atlanta BeltLine’s Southside Trail, with a planned connector enhancing access, this area offers strong walkability and regional connectivity. It's less than two miles from the proposed Tyler Perry Entertainment District at Fort McPherson, a major mixed-use development near Tyler Perry Studios. Residents benefit from quick access to Downtown, Midtown, and Hartsfield-Jackson Airport.

Several key economic drivers are fueling growth in the area. The film and entertainment industry, led by Tyler Perry Studios and Atlanta’s broader media landscape, continues to expand, creating jobs and attracting professionals who seek nearby housing. The Atlanta BeltLine has spurred over $8 billion in private investment, transforming neighborhoods and increasing demand for both residential and commercial space. Meanwhile, Southwest Atlanta—including Oakland City—is experiencing rapid infill development, driven by strong demand for intown living and improved regional connectivity.

Investment Highlights

  • STARTING BID $200,000 | Bolden Townhomes | Atlanta MSA | AUCTION NOVEMBER 17-19
  • All-Vacant Units – Immediate scale for repositioning and lease-up.
  • Partial Capital Improvements Completed – New windows and HVAC condensers in many units reduce CapEx burden.
  • BeltLine Connectivity – Near Southside Trail access, with future Oakland City connector trail planned.
  • Proximity to Major Catalyst – Adjacent to Tyler Perry Studios and proposed Entertainment District.
  • Intown Growth Story – Located in one of Atlanta's fastest-growing intown submarkets with improving demographics and strong demand drivers.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Multifamily

Auction - REO Sale: Bolden Townhomes | Atlanta MSA

Starting Bid: $200,000

Number of Units
60
Price/Unit
$3,333
Auction Type
Reserve
Auction Start Date
Nov 17, 2025
Auction End Date
Nov 19, 2025

Investment Highlights

  • STARTING BID $200,000 | Bolden Townhomes | Atlanta MSA | AUCTION NOVEMBER 17-19
  • All-Vacant Units – Immediate scale for repositioning and lease-up.
  • Partial Capital Improvements Completed – New windows and HVAC condensers in many units reduce CapEx burden.
  • BeltLine Connectivity – Near Southside Trail access, with future Oakland City connector trail planned.
  • Proximity to Major Catalyst – Adjacent to Tyler Perry Studios and proposed Entertainment District.
  • Intown Growth Story – Located in one of Atlanta's fastest-growing intown submarkets with improving demographics and strong demand drivers.

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/2853/ Marcus and Millichap, in conjuction with RI Marketplace are pleased to present Bolden Townhomes, a 60-unit, one-bedroom/two-bathroom townhome-style multifamily property located in the heart of Southwest Atlanta. Fully vacant and featuring many units with new windows and HVAC condensers, the property presents a significant value-add opportunity for investors to lease-up and reposition. Its prime location near the Atlanta BeltLine and the proposed Tyler Perry Entertainment District positions it for strong long-term growth and enhanced market demand. Located just minutes from the Atlanta BeltLine’s Southside Trail, with a planned connector enhancing access, this area offers strong walkability and regional connectivity. It's less than two miles from the proposed Tyler Perry Entertainment District at Fort McPherson, a major mixed-use development near Tyler Perry Studios. Residents benefit from quick access to Downtown, Midtown, and Hartsfield-Jackson Airport. Several key economic drivers are fueling growth in the area. The film and entertainment industry, led by Tyler Perry Studios and Atlanta’s broader media landscape, continues to expand, creating jobs and attracting professionals who seek nearby housing. The Atlanta BeltLine has spurred over $8 billion in private investment, transforming neighborhoods and increasing demand for both residential and commercial space. Meanwhile, Southwest Atlanta—including Oakland City—is experiencing rapid infill development, driven by strong demand for intown living and improved regional connectivity.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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