New

$5,287,383

For Sale

2 days ago

632 Madison St, Commerce, GA

Name: 632 Madison St, For Sale in Commerce - eXp Realty
Brand: RE/MAX Tru
SKU: 7804177
Price: 5287383 USD

House

MLS® 7804177

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type Duplex

Levels Residential Income

Size -

Garage Yes

Taxes $51,970

Days Active 1

Lot Size 5.76 Acres

Approx. Age 2026

MLS® Number 7804177

Property Address: 632 Madison St, Commerce, GA, 30529-3325

Average square foot calculated using Size range provided by listing agent.

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. *** There are 3 Additional Units with same floorplans that are tenant occupied and included as well: 1. Rent $2050/ Deposit $900. Lease ends 7/31/2027. 2. Rent $2100/ Deposit $1300. Lease ends 5/31/2027. 3. Rent $2050/ Deposit $1800. Lease ends 8/31/2027. ***

MLS® Number7804177

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age2026

Basement

DrivewayAttached, Driveway, Garage, Level Driveway

Garage Spaces

HeatElectric

A/CCeiling Fan(s), Central Air

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 13, 2026List Date

$5,287,383List Price

Feb 11, 2024End Date

$299,000Sold Price

Sold

May 6, 2026List Date

$299,000List Price

Commute

Commute

Starting Address

Destination Address

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