Aerial view of a new subdivision with finished homes, construction lots, and wooded surroundings.
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
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Aerial view of a new subdivision with finished homes, construction lots, and wooded surroundings.
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
632 Madison Street
For Sale

632 Madison Street

632 Madison Street, Commerce, GA 30529

$4,850,000
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.
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Studio

5.76 Acres lot

Click here to view our pre-showing agreements.

 

Pre-Showing Agreements

Open House

Tamra Wade

Tamra Wade

Features & Amenities

Area & Lot

  • Status For Sale
  • Lot Area5.76 Acres
  • MLS® ID10804744
  • TypeMulti-Family
  • YEAR BUILT2026
  • Elementary SchoolCommerce
  • Middle SchoolCommerce
  • High SchoolCommerce

Exterior

  • STORIES2
  • water SourcePublic
  • utilitiesElectricity Individual Meters, Sewer Connected, Underground Utilities
  • parkingGarage, Attached
  • HEAT TYPEElectric
  • AIR CONDITIONINGCeiling Fan(s), Central Air
  • sewerPublic Sewer

Financial

  • Sales Price$4,850,000
  • Real Estate Tax $2,772/yr
  • Maintenance Fee $6,300/mo
  • HOA $1,010/yr

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