- For Sale Contact for pricing
- Property Type Multi-Family
- Property Size 43,176 SF
- Units 48
- Lot Size 3.01 Acre
- Year Built 1973
- Date Updated Sep 25, 2026
Description
Starting Bid: $450,000
Auctioneer: Lamar P. Fisher
Auctioneer Company: Fisher Auction Company Inc.
Auctioneer License: AUNR003157
• Substantial Vacancy Fuels Lease-Up Upside: Only 25% physical occupancy leaves significant room to lease up and stabilize operations.
• 48-Unit Scale For Hands-On Execution: Forty-eight units provide efficient scale for a hands-on, value-add operating strategy.
• All Two-Bedroom Unit Mix Aids Renter Demand: 100% two-bedroom/one-bath units support strong renter demand and longer average tenant tenure.
• Exterior Capital Improvements Completed: Prior ownership completed exterior upgrades, reducing near-term capital expenditure needs.
Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 3164 Cushman Circle is a 48-unit multifamily value-add opportunity in Southwest Atlanta, GA built entirely of two-bedroom/one-bathroom units. The property is currently just 25% occupied, giving a new owner a clean runway to reposition and stabilize the asset through focused leasing and professional management. Prior ownership already completed exterior capital improvements, reducing near-term capex needs and preserving curb appeal. With substantial vacancy in place, investors can drive meaningful NOI growth through improved occupancy, incremental unit upgrades, and tighter operations. The asset sits within an established Southwest Atlanta residential corridor with convenient access to Downtown Atlanta, Midtown, and Hartsfield-Jackson International Airport, in a submarket benefiting from steady population growth and expanding employment centers.
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Contacts
RealINSIGHT Marketplace
Location
Located at 3164 Cushman Circle Southwest, Atlanta, GA 30311, this property is part of the Ivan Hill neighborhood and Atlanta market.
RealINSIGHT Marketplace