632 Madison Street, Commerce, GA 30529

Commerce
Local realty services provided by:ERA Sunrise Realty
632 Madison Street,Commerce, GA 30529
$5,287,383
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tamra wade
Office: re/max tru
MLS#:7804177
Source:FIRSTMLS

Price summary

  • Price:$5,287,383

About this home

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...

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Home facts

  • Year built:2026
  • Listing ID #:7804177
  • Updated:July 20, 2026 at 01:24 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:$5,287,383
  • Tax amount:$51,970 (2026)

Parking

  • Parking description:Attached, Driveway, Garage, Level Driveway
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