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$2,050,000

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2 Acres Lot

Price Change

878 Hospital RD Commerce, GA 30529

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Key Details

Property Type Multi-Family, Townhouse

Sub Type Multi Family,Townhouse

Listing Status Price Change

Purchase Type For Sale

MLS Listing ID 10737561

HOA Y/N No

Year Built 2002

Annual Tax Amount $14,881

Tax Year 2025

Lot Size 2.000 Acres

Acres 2.0

Lot Dimensions 2

Property Sub-Type Multi Family,Townhouse

Source Georgia MLS 2

Property Description

Preston Court is a 10-unit townhome community built in 2002, featuring spacious 3-bedroom, 2-bath units within a gated setting. This is a rare opportunity to acquire a well-maintained, highly desirable asset with strong fundamentals and long-term durability. Preston Court represents a legacy-type asset with a strong combination of location, product type, and performance-ideal for investors seeking stable cash flow with future upside in a high-growth corridor. The property is currently 100% occupied with average rents of approximately $1,595, offering immediate in-place cash flow and operational stability. The townhome-style layout and unit mix continue to perform well with residents, supporting consistent demand and retention. Located in Jackson County, one of the fastest-growing areas in Georgia, the submarket has experienced approximately 35% population growth since 2020-ranking as the second fastest-growing county out of 159 statewide. This growth continues to drive housing demand and supports long-term rent growth potential. Buyers should be prepared to submit a Letter of Intent (LOI) prior to execution of a Purchase and Sale Agreement. LOI should outline key terms including purchase price, earnest money, due diligence period, closing timeline, and any requested closing cost allocations. Offering Memorandum, rent roll, T12, and additional due diligence materials are available upon request. Out of respect for tenant privacy, please do not disturb tenants.

Location

State GA

County Jackson

Rooms

Bedroom Description No

Basement None

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Fireplace No

Exterior

Parking Features Over 1 Space per Unit

Garage Spaces 2.0

Community Features Gated

Utilities Available Electricity Individual Meters, Water Individual Meters

View Y/N No

Total Parking Spaces 2

Garage No

Private Pool No

Building

Faces Gated community. Do not disturb tenants. No drive-bys or unscheduled visits. Contact listing agent for Offering Memorandum, financials, and access instructions.

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Commerce

Middle Schools Commerce

High Schools Commerce

Others

HOA Fee Include None

Tax ID 021 003C

Special Listing Condition Resale

Nearby Locations