632 Madison Street, Commerce, GA 30529
Local realty services provided by:CENTURY 21 New Beginnings
632 Madison Street,Commerce, GA 30529
$4,850,000
- 54 Beds
- 54 Baths
- 1,866 sq. ft.
- Multi-family
- Active
Listed by: tamra wade
Office: re/max tru
MLS#:CL366474
Source:NC_CCAR
Price summary
- Price:$4,850,000
- Price per sq. ft.:$2,599.14
About this home
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....
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Home facts
- Year built:2026
- Listing ID #:CL366474
- Added:8 day(s) ago
- Updated:October 24, 2026 at 10:40 AM
Rooms and interior
- Bedrooms:54
- Total bathrooms:54
- Full bathrooms:36
- Half bathrooms:18
- Flooring:Vinyl
- Kitchen Description:Dishwasher, Range, Refrigerator
- Living area:1,866 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Heating
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:2026
- Building area:1,866 sq. ft.
- Lot area:5.76 Acres
- Architectural Style:Traditional
- Construction Materials:Concrete
- Exterior Features:Patio
- Foundation Description:Slab
Finances and disclosures
- Price:$4,850,000
- Price per sq. ft.:$2,599.14
Features and amenities
- Appliances:Dishwasher, Range, Refrigerator
- Laundry features:Laundry Room
Parking
- Parking description:Attached
- Garage:Yes
- Garage spaces:2
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