632 Madison Street,Commerce, GA 30529
Commerce, GA 30529
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 7 Additional Units with the same floorplans that are tenant occupied, totaling an additional $14,500/ month. Details on these units can be provided.
Details
| MLS # | CL366474 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Building Name | Cotton Gin Row |
| HOA Dues | $6 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2026 |
| Days On Site | 8 |
| Listing Provided By | RE/MAX TRU | Tamra Wade |
Features
| Bed(s) | 54 |
|---|---|
| Bath(s) | 54 Total |
| SQ Feet | 1,866 |
| Garage | 2 |
| Story(s) | 2 |
| Units | 10 |
| Building(s) | 9 |
| Acreage | 5.76 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air, Electric |
| Laundry Features | Laundry Room |
Exterior
| Roof | Composition |
|---|---|
| Foundation Details | Slab |
| Construction Materials | Concrete |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached |
Utilities
| Utilities | Underground Utilities |
|---|
Taxes
| Tax Legal Description | 5.760.AC.TR.2.PBK.87.PG.164 |
|---|
Area Information
| State | GA |
|---|---|
| County | Jackson Co. |
| City | Commerce |
| Zip Code | 30529 |
| Listing VS Median (in 30529) | |
Price: $4,850,000 low | high Med: $404,000 sqft: 1,866 low | high Med: 2,216 $ / sqft: $2,599 low | high Med: $182 On site: 8 low | high Med: 12 | |
Market Activity 30529
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Learn More About This Property
Alicia Appling
Coldwell Banker Upchurch Realty
Smart Home Certified, Accredited Buyer Representative, Senior Real Estate Specialist, Certified Residential Specialist, Certified Relocation Residential Specialist, Certified Luxury Home Marketing Specialist, Graduate, REALTOR Institute (706) 202-5033alicia@aliciaappling.com| State | GA |
|---|---|
| County | Jackson Co. |
| City | Commerce |
| Zip Code | 30529 |
| Listing VS Median (in 30529) | |
Price: $4,850,000 low | high Med: $404,000 sqft: 1,866 low | high Med: 2,216 $ / sqft: $2,599 low | high Med: $182 On site: 8 low | high Med: 12 | |