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878 Hospital Road , Commerce, GA 30529

$2,200,000
  • 878 Hospital Road , Commerce, GA 30529 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#7752601
STATUS PROPERTY TYPEMulti Unit - Multiple SCHOOLCommerce - Commerce

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# 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.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Lot Size: 2.00 Acres
Roof Type: Shingle
Taxes: $14,881
Year Built: 2002

Feature Descriptions

Days on Site: 3
Exterior: HardiPlank Type
Lot: Private, Wooded
Lot Dimensions: x
Neighborhood Amenities: Gated
Parking Notes: Parking Lot
Parking Total: 2
Security: Security Gate
Sewer: Public Sewer
Special View Info: Trees/Woods
Units: 10
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Water: Public

Local Schools

High School: Commerce
Middle School: Commerce
Elementary School: Commerce
School District: Commerce - Commerce

Listed By / Shown By

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

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Source: FMLS

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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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