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Chandra Washington

cwashington.realtor@gmail.com +1(912) 464-2887

$ 5,287,383

Est. payment -/mo

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New

632 Madison ST Commerce, GA 30529

5.76 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status New

Purchase Type For Sale

Subdivision Cotton Gin Row

MLS Listing ID 10804744

HOA Fees $1,010

HOA Y/N Yes

Year Built 2026

Annual Tax Amount $2,772

Tax Year 25

Lot Size 5.760 Acres

Acres 5.76

Lot Dimensions 5.76

Property Sub-Type Multi Family,Duplex

Source Georgia MLS 2

Property Description

Exceptional investment opportunity to acquire Cotton Gin Row, a newly constructed 18-unit build-to-rent townhome community in the rapidly growing Commerce, Georgia market. The property consists of nine duplex buildings situated on approximately 5.76 acres, with every residence offering the privacy and appeal of an end unit. Each townhome features approximately 1,866 square feet, 3 bedrooms, 2.5 bathrooms, an attached 2-car garage, granite countertops, white shaker cabinetry, stainless steel appliances, luxury vinyl plank flooring, ceiling fans, and individually metered utilities with tenants paying electric, water/sewer, and trash. The community is currently in lease-up with strong momentum and is projected to stabilize by the end of August 2026. Stabilized projected Net Operating Income is approximately $317,003 with a 6.0% cap rate at the asking price. Professionally managed with a low operating expense ratio and minimal deferred maintenance due to new construction. Ideally located along the I-85 corridor in Jackson County, the property benefits from strong workforce housing demand driven by major employers including SK Battery America, Kubota Manufacturing, Northeast Georgia Health System, and the University of Georgia. This is a turnkey investment opportunity offering institutional-quality construction, strong long-term appreciation potential, and attractive cash flow in one of Northeast Georgia's fastest-growing markets. Financial information, rent roll, operating statements, and additional due diligence materials are available upon execution of a Confidentiality Agreement.

Location

State GA

County Jackson

Rooms

Bedroom Description No

Basement None

Interior

Heating Electric

Cooling Ceiling Fan(s), Central Air

Fireplace No

Exterior

Parking Features Garage, Attached

Community Features Sidewalks, Near Shopping

Utilities Available Electricity Individual Meters, Sewer Connected, Underground Utilities

View Y/N No

Garage Yes

Private Pool No

Building

Faces I-85 North to Exit 147 for GA-98 toward Commerce/Maysville. Take the exit and turn right onto GA-98 S/Maysville Rd, continuing for about 5 miles into downtown Commerce. Once in Downtown Commerce, turn left onto Madison St, and Cotton Gin Row will be on your right.

Sewer Public Sewer

Water Public

Structure Type Other

New Construction Yes

Schools

Elementary Schools Commerce

Middle Schools Commerce

High Schools Commerce

Others

HOA Fee Include Maintenance Grounds,Management Fee,Other

Tax ID 010 024

Special Listing Condition New Construction

Chandra Washington

Agent/Property Manager

+1(912) 464-2887

Chandra Washington

632 Madison ST Commerce, GA 30529

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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632 Madison ST