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.
Listed By
Agency Name: Cornerstone Real Estate Partners, LLC
Agency Phone: 494-490-2063
Shown By
Agent Name: Rollin Stapp
Agent Phone: (423) 227-7504
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 6,778.00 per month $4,896.25 Principal & Interest $1,240.08 Property Tax $641.67 Homeowner's Insurance
878 Hospital Road | MLS# 7752601
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. Hospital Road is located within the Commerce - Commerce school district. Search Commerce real estate on rollinstapp.crye-leike.com today.