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Daphne Howell

howelldr2020@yahoo.com +1(404) 934-4733

$ 4,850,000

Est. payment -/mo

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Price Dropped by $437K

632 Madison ST Commerce, GA 30529

5.76 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Cotton Gin Row

MLS Listing ID 7804177

Construction Status New Construction

HOA Y/N No

Year Built 2026

Annual Tax Amount $51,970

Tax Year 2026

Lot Size 5.760 Acres

Acres 5.76

Property Sub-Type Duplex

Source First Multiple Listing Service

Property Description

Presenting Cotton Gin Row, an exceptional investment opportunity featuring a newly constructed 18-unit build-to-rent townhome community in the thriving Commerce, Georgia market. Situated on approximately 5.76 acres, the community consists of nine duplex buildings, with every residence offering the privacy and appeal of an end unit. With 17 of 18 units occupied and an impressive 94.4% occupancy rate, Cotton Gin Row offers investors an established foundation for continued rental income and future growth.

Each townhome features approximately 1,866 square feet, 3 bedrooms, 2.5 bathrooms, and an attached two-car garage. Interior finishes include granite countertops, white shaker cabinetry, stainless steel appliances, luxury vinyl plank flooring, and ceiling fans. Individually metered utilities allow tenants to pay their own electric, water/sewer, and trash expenses, helping maintain an efficient operating structure. The property's new construction supports low maintenance requirements, while professional management provides an added level of convenience for investors.
Strategically located along the I-85 corridor in Jackson County, Cotton Gin Row benefits from continued regional growth and workforce housing demand supported by major employers, including SK Battery America, Kubota Manufacturing, Northeast Georgia Health System, and the University of Georgia. With projected stabilized Net Operating Income of approximately $269,444 and a 6.75% cap rate at the asking price, this professionally managed community presents an attractive opportunity to acquire a modern multifamily asset in one of Northeast Georgia's growing markets. Financial information, rent roll, operating statements, and additional due diligence materials are available upon execution of a Confidentiality Agreement.

*** There are 4 Additional Units with same floorplans that are tenant occupied and included as well: 1. Rent $2100/ Deposit $800. Lease ends 6/30/2027. 2. Rent $2050/ Deposit $900. Lease ends 7/31/2027. 3. Rent $2100/ Deposit $1300. Lease ends 5/31/2027. 4. Rent $2050/ Deposit $1800. Lease ends 8/31/2027.***

Location

State GA

County Jackson

Area Cotton Gin Row

Lake Name None

Interior

Heating Electric

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Vinyl

Window Features None

Exterior

Parking Features Attached, Driveway, Garage, Level Driveway

Fence None

Community Features Homeowners Assoc, Near Shopping, Sidewalks

Utilities Available Electricity Available, Underground Utilities

Waterfront Description None

View Y/N Yes

View Rural

Roof Type Shingle

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Other

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Cement Siding

Construction Status New Construction

Schools

Elementary Schools Commerce

Middle Schools Commerce

High Schools Commerce

Others

Senior Community no

Tax ID 010 024

Listed by RE/MAX Tru

NEARBY SCHOOLS & PROPERTIES

Daphne Howell

Broker Associate

+1(404) 934-4733

Daphne Howell

632 Madison ST Commerce, GA 30529

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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632 Madison ST