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
632 Madison Street
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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
632 Madison Street
For Sale

632 Madison Street

632 Madison Street, Commerce, GA 30529

$5,287,383
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.
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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$5,287,383
  • Real Estate Tax $2,772/yr
  • Maintenance Fee $6,300/mo
  • HOA $1,010/yr

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