Multifamily
Auction - REO Sale: Bolden Flats | Atlanta MSA
1003 Washington St SW, Atlanta, GA 30315
Starting Bid: $250,000
Investment Overview
Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/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.
Auction - REO Sale: Bolden Flats | Atlanta MSA
Investment Highlights
- STARTING BID $250,000 | Bolden Flats | Atlanta MSA | AUCTION MARCH 9-11
- 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.
Starting Bid: $250,000
Investment Highlights
- STARTING BID $250,000 | Bolden Flats | Atlanta MSA | AUCTION MARCH 9-11
- 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.
Investment Overview
Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/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.
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