878 Hospital Road, Commerce, GA 30529
Local realty services provided by:ERA Sunrise Realty
878 Hospital Road,Commerce, GA 30529
$2,200,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: stephen quesinberry
Office: cornerstone real estate partners, llc.
MLS#:7752601
Source:FIRSTMLS
Price summary
- Price:$2,200,000
About this home
Preston Court is a 10-unit townhome community built in 2002, featuring spacious 3-bedroom, 2-bath units within a gated setting. This is a rare opportunity to acquire a well-maintained, highly desirable asset with strong fundamentals and long-term durability. Preston Court represents a legacy-type asset with a strong combination of location, product type, and performance—ideal for investors seeking stable cash flow with future upside in a high-growth corridor.
The property is currently 100% occupied with average rents of approximately $1,595, offering immediate in-place cash flow and operational stability. The townhome-style layout and unit mix continue to perform well with residents, supporting consistent demand and retention.
Located in Jackson County, one of the fastest-growing areas in Georgia, the submarket has experienced approximately 35% population growth since 2020—ranking as the second fastest-growing county out of 159 statewide. This growth continues to drive housing demand and supports long-term rent growth potential.
Buyers should be prepared to submit a Letter of Intent (LOI) prior to execution of a Purchase and Sale Agreement. LOI should outline key terms including purchase price, earnest money, due diligence period, closing timeline, and any requested closing cost allocations. Offering Memorandum, rent roll, T12, and additional due diligence materials are available upon request.
Out of respect for tenant privacy, please do not disturb tenants....
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Home facts
- Year built:2002
- Listing ID #:7752601
- Updated:May 01, 2026 at 01:31 PM
Rooms and interior
- Flooring:Carpet, Vinyl
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:2002
- Lot area:2 Acres
- Lot Features:Private, Wooded
- Construction Materials:HardiPlank Type
- Levels:2 Story
Schools
- High school:Commerce
- Middle school:Commerce
- Elementary school:Commerce
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$2,200,000
- Tax amount:$14,881 (2025)
Parking
- Total parking spaces:2
- Parking description:Parking Lot
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