- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
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Street View
$4,850,000
Monthly Est:$24,140
-- Bed
- -- Bath
--sqft
632 Madison St, Commerce, GA 30529
$4,850,000
$24,140/moEst:
Get Pre-Approved
Multi Family
Built in 2026
$-- HOA
5.76 acres lot
--/sqft
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.
- Houzeo last checked: 11 minutes ago
- Listing updated: September 28, 2026 at 2:12 pm
- Listing Provided by: |
- Source: Georgia MLS-GA | MLS#: 10804744

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
2026
HOA Fees
-
Finished Area
- sqft
Lot Size
5.76 acres lot
Basement Area
- sqft
MLS Name
Georgia MLS
MLS Number
10804744
MLS Status
Price Change
Days on Market
87
Cumulative Days on Market
77

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Location
HOA Management
N/A
HOA Fees
$1,010/
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Maintenance
Management Fee
Other
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Heating
Electric
Cooling
Ceiling Fan(s), Central Air
Sewer
Public Sewer
Construction
Year Built
Year Built: 2026
Home type
Multi Family
Construction Materials
Other
Property Condition
New Construction
Utilities & Energy
Water Source
Public
Basement
None
Parking Features
Garage, Attached
Utilities
Electricity Individual Meters, Sewer Connected, Underground Utilities
Other Features
Community Features
Sidewalks, Near Shopping
Subdivision Name
Cotton Gin Row
Price History
| Date | Event | Price |
|---|---|---|
09/28/2026 Source: | Price Decreased | $4,850,000 -8.27% $0/sqft |
07/13/2026 Source: | Listed for Sale | $5,287,383 $0/sqft |
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Information Deemed Reliable But Not Guaranteed. © 2026 Georgia Multiple Listing Service. All Rights Reserved.
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