632 Madison Street, Commerce, GA 30529
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
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 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. ***...
Contact an agent
Home facts
- Year built:2026
- Subdivision & Development:Cotton Gin Row
- Listing ID #:7804177
- Updated:September 18, 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
New listings near 632 Madison Street
- New
$2,000,000Active5 beds 4 baths6,147 sq. ft.8569 Jefferson Road, Commerce, GA 30529
MLS# 10848539Listed by: JLA Real Estate Services - New
$325,000Active3 beds 2 baths1,388 sq. ft.8588 Hwy 98 West, Commerce, GA 30529
MLS# 10848210Listed by: Coldwell Banker Upchurch Realty - New
$439,000Active3 beds 3 baths2,084 sq. ft.1863 Hoods Mill Road, Commerce, GA 30529
MLS# 10845536Listed by: Keller Williams Greater Athens - New
$479,000Active4 beds 4 baths2,905 sq. ft.1867 Hoods Mill Road, Commerce, GA 30529
MLS# 10845538Listed by: Keller Williams Greater Athens - New
$365,000Active3 beds 2 baths1,760 sq. ft.84 N Bowden Street, Commerce, GA 30529
MLS# 10844838Listed by: Virtual Properties Realty.Net - New
$335,000Active4 beds 3 baths69 Forest Hill Court, Commerce, GA 30529
MLS# 10844816Listed by: Virtual Properties Realty.com - New
$334,900Active4 beds 3 baths1,679 sq. ft.378 Baugh Street, Commerce, GA 30529
MLS# 7834669Listed by: REMAX CENTER - New
$360,000Active3 beds 3 baths1,855 sq. ft.1069 Belmont Park Drive, Commerce, GA 30529
MLS# 7835689Listed by: BOLST - New
$458,796Active5 beds 3 baths232 Sage Street, Commerce, GA 30529
MLS# 10842819Listed by: PBG Built Realty - New
$458,796Active5 beds 3 baths2,676 sq. ft.232 Sage -lot 32 Street, Commerce, GA 30529
MLS# 7835162Listed by: PBG BUILT REALTY, LLC