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. ***
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.
GAMLS #10251229
May 13, 2024
Sold
$299,000
Feb 12, 2024
Pending
—
Feb 5, 2024
Listed
$299,000
Hive MLS #CM1014309
May 13, 2024
Sold
$299,000
Feb 5, 2024
Listed
$299,000
+3
Residential development opportunity! 5.745 acres zoned R-3 in the City of Commerce. 4 water meters and sewer taps on site per Commerce city utility department. R-3 zoning allows for duplex and single-family constructions, single family min 1400 sq ft and duplex 1200 sq ft per unit. Vacant and easy to show. New survey just performed!
Public Records
Oct 10, 2019
Sold
$80,000
Public Records
Oct 10, 2019
Sold
$50,000
Year
Property tax
Land + Additions
Assessment*
2025
$2,772 (+74.9%)
$103,800
2024
$1,585 (−40.6%)
$103,800
2023
$2,669 (+168.7%)
$57,400
2022
$994 (−4.8%)
$90,160
2021
$1,043 (−9.5%)
$30,640 + $1,600
$32,240
2020
$1,154 (−12.9%)
$30,640 + $1,200
$31,840
2019
$1,325 (+1.1%)
$34,360 + $1,680
$36,040
2018
$1,311 (−3.0%)
$34,360 + $1,600
$35,960
2017
$1,352 (−0.5%)
$34,400 + $2,042
$36,442
2016
$1,358 (−33.2%)
$43,000 + $7,527
$50,527
2014
$2,033 (+2.0%)
$43,000 + $9,910
$52,910
2013
$1,994
$43,000 + $9,909
$52,909
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
5.76 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
—
Style
Vacant Land
County
Jackson County
APN
010 024
Parking Spaces
—
Basement
—
Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Aug 19, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 104° expected this year, 16 days in 30 years
4/10 Wind Factor
13% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Commerce, GA • 30529
Average low and high temperatures (°F)
51
32
61
39
71
48
77
54
78
60
86
68
91
73
82
67
83
63
74
53
67
47
57
37
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 15% for direct sun exposure in Commerce. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.4 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 632 Madison St
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