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632 Madison St, Commerce, GA 30529

$4,850,000
  • 54

    bed

  • 54

    bath

  • 1,866

    Sqft ($2,599/Sqft)

Multi-family for sale 14 days

About 632 Madison St

Property type Multi-family
Year built 2026
HOA fee $1/month
Lot size 5.76 Acre
Parking 2 garage spaces
Property description
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 7 Additional Units with the same floorplans that are tenant occupied, totaling an additional $14,500/ month. Details on these units can be provided.
Listed by
Listing Agent - Tamra Wade
Listing Agent Contact: (770) 502-6232
Listing Office - RE/MAX TRU
Source: Hive MLS mls logo
MLS#CL366474 • last updated 2 weeks ago
Movoto checked Hive MLS for data 8 minutes ago
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Overview
Cooling/AC Central Air, Electric
Heating Central, Electric
Levels/Style Traditional, Townhouse
MLS # CL366474
SubType Duplex
Living Area 1866
Status Active
Lot Size (Acres) 5.76
Lot Size (SqFt) 250906
HOA Resource Property Management, LLC
HOA Fee 6
Year Built 2026
Interior
Total # of Bathrooms 54
# of Full Baths 36
# of Half Baths 18
Total # of Bedrooms 54
Laundry Laundry Room
Flooring Vinyl
Appliances Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
Exterior
Roof Composition
Foundation Slab
Construction Concrete
Parking Attached
Patio/Porch Patio
Amenities / Utilities
Water Source Public
Location
APN 010-024
Directions I-85 North To Exit 147 For GA-98 Toward Commerce/Maysville. Take The Exit And Turn Right Onto GA-98 S/Maysville Rd, Continuing For About 5 Miles Into Downtown Commerce. Once In Downtown Commerce, Turn Left Onto Madison St, And Cotton Gin Row Will Be On Your Right.
Multifamily Details
Total # of Buildings 9
Total # of Units 10
Lot/ Land Details
Road Surface Paved
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Source: GreatSchools.org © 2026. All rights reserved.

Around the neighborhood

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  • Real Estate
  • GA
  • Jackson County
  • Commerce
  • 30529
  • 632 Madison St

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