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.
Multi-familyProperty Type
2002Year Built
2 acresLot Size
2 spacesParking
Listed by Stephen Quesinberry• Cornerstone Real Estate Partners, LLC
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.
GAMLS #10737561
Jul 1, 2026
Listing Removed
—
May 12, 2026
Price Changed
$2,050,000
Apr 21, 2026
Listed
$2,200,000
Public Records
Dec 22, 2021
Sold
$1,625,000
GAMLS #7326112
Nov 2, 2014
Listing Removed
—
Oct 15, 2014
Relisted
—
Sep 21, 2014
Pending
—
Aug 25, 2014
Listed
$79,500
Hive MLS #CM937379
May 31, 2014
Listing Removed
—
Mar 10, 2014
Listed
$99,000
Public Records
Dec 17, 2004
Sold
$940,000
Public Records
Aug 20, 2002
Sold
$800,000
Public Records
Oct 16, 2000
Sold
$38,000
Year
Property tax
Land + Additions
Assessment*
2025
$14,881 (−3.3%)
$30,000 + $527,200
$557,200
2024
$15,382 (+6.1%)
$30,000 + $527,200
$557,200
2023
$14,496 (+16.1%)
$30,000 + $527,200
$557,200
2022
$12,484 (+0.2%)
$30,000 + $459,600
$489,600
2021
$12,461
$10,200 + $374,800
$385,000
2020
$12,449 (−1.4%)
$10,200 + $333,400
$343,600
2019
$12,631 (+15.1%)
$10,200 + $333,400
$343,600
2018
$10,970 (+0.9%)
$9,366 + $291,634
$301,000
2017
$10,870 (+0.6%)
$9,486 + $283,560
$293,046
2016
$10,808 (+27.9%)
$9,390 + $280,610
$290,000
2014
$8,448 (+3.7%)
$9,486 + $210,356
$219,842
2013
$8,144
$9,486 + $206,612
$216,098
Public record
Beds
—
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
2 Acres
Year renovated
—
Finished Sq. Ft.
3,121
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,121
Year built
2002
Style
Multi-Family (2-4 Unit)
County
Jackson County
APN
021 003C
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
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, 18 days in 30 years
4/10 Wind Factor
14% chance of strong winds in next 30 years
4/10 Air Factor
4 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
86
68
83
65
74
53
67
47
57
37
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 878 Hospital Rd
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