Recently Listed New Construction 632 Madison Street
Commerce, GA, 30529 $ 5,287,383
Baths0.0 Monthly Estimate*
$ 33,385
Studio for $5,287,383. This home was built in 2026 on a lot size of 5.76.
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. ***
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FeaturesGeneralSewer Public Sewer
Heating Electric
Cooling Ceiling Fan(s) Central Air
Utilities Electricity Available Underground Utilities
Roof Shingle
Security Features None
Construction Materials Cement Siding
Year Built 2026
View Rural
Levels Two
Property Subtype Duplex
Tax Year 2026
Parcel Number 010 024
Gross Income 436248
Waterfront Features None
Community Features Homeowners Assoc Near Shopping Sidewalks
Accessibility None
County Jackson - GA
Net Operating Income 317003
Operating Expense 119245
Property Type Residential Income
HOA false
Energy Efficient None
Subdivision Name Cotton Gin Row
Green Energy Generation None
Status Active
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.
High School Commerce
City Commerce
Body of Water None
Number Of Units Total 18
Elementary School Commerce
Property Attached Y/N false
Tax Annual Amount 51970
Home Warranty Y/N false
Middle/Junior High School Commerce
Property Condition New Construction
Standard Status Active
Tax Lot 1-9
Cap Rate 6
Freehold IDX
Corporate Owner None
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InteriorFlooring Carpet Vinyl
Window Features None
Total Baths 0
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ExteriorFencing None
Parking Features Attached Driveway Garage Level Driveway
Lot Features Other
Water Source Public
Lot Dimensions x
Lot Size Acres 5.76
Lot Size Source Public Records
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* Excluded FeaturesList Bylistings@TamraWadeRealEstate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $33,385
- Monthly Property Taxes
- $4,331
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Commerce, GA
Average List Price $2,347,095
Percent of Sale Price 56%
About Commerce, GA 7,006 Population
27% Since 2002
$ 42,594 Median Income
37.96 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
4787085 Elementary School
4787083 Middle School
Commerce High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/13/2026 | $5,287,383 | | Listed Price |