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878 Hospital Road, Commerce, GA 30529

$2,200,000
  • 878 Hospital Road, Commerce, GA 30529 Main Photo
New to the Market New
BEDS0 BATHS MLS#10737561
STATUSNew PROPERTY TYPEMulti Unit - Multiple NEIGHBORHOODCommerce

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.

878 Hospital Road | MLS# 10737561

This multi-family property located at 878 Hospital Road, Commerce, GA 30529 is currently listed for sale with an asking price of $2,200,000. Search Commerce real estate on www.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Cooling: Ceiling Fan(s), Central Air
Garage: 2
Heating: Central
Lot Size: 2.00 Acres
Stories: 2.0
Taxes: $14,881
Year Built: 2002

Feature Descriptions

Amenities: Gated
Days on Site: 1
Exterior: Wood Siding
Parking Notes: Over 1 Space per Unit
Sewer: Public Sewer
Units: 10
Utilities: Electricity Individual Meters, Water Individual Meters
Water: Public

Local Schools

High School: Commerce
Middle School: Commerce
Elementary School: Commerce

Listed By / Shown By

Listed By

Agency Name: Cornerstone Real Estate Partners
Agency Phone: 404-490-2063

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: GAMLS

Estimate Your Payment

Estimated Payment

$ 6,778.00 per month $4,896.25 Principal & Interest $1,240.08 Property Tax $641.67 Homeowner's Insurance

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