632 Madison Street, Commerce, GA 30529
Local realty services provided by:ERA Sunrise Realty
632 Madison Street,Commerce, GA 30529
$4,850,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: tamra wade
Office: re/max tru
MLS#:7804177
Source:FIRSTMLS
Price summary
- Price:$4,850,000
About this home
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.***...
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Home facts
- Year built:2026
- Subdivision & Development:Cotton Gin Row
- Listing ID #:7804177
- Updated:October 30, 2026 at 02:35 PM
Rooms and interior
- Flooring:Carpet, Vinyl
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:2026
- Lot area:5.76 Acres
- Construction Materials:Cement Siding
- Levels:2 Story
Schools
- High school:Commerce
- Middle school:Commerce
- Elementary school:Commerce
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$4,850,000
- Tax amount:$51,970 (2026)
Parking
- Parking description:Attached, Driveway, Garage, Level Driveway
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