Search
Build-to-Rent Townhome Community
For Sale
$5,287,383

632 Madison Street, Commerce, GA 30529

Newly constructed 18-unit end-unit townhome community with attached two-car garages and separate utility metering.

Property Size33,588 SF
Lot Size5.76 Acres
Price / SF$157.42
Days on Market29

Property Features for 632 Madison Street

General Information

Standard status Active
Size 33,588 SF
Total Parking Spaces 36
Lot size 5.76 Acres
Property subtype Residential Income
Occupancy 83%

Additional Details

Cap Rate 6%
Highway Access Yes
Multifamily Units 18

Taxes and HOA fees

Annual Taxes $51,970

Building Details

Year Built 2026
Stories 2
Units 18
Tenancy Multi
Listing Agency: RE/MAX Tru
Listed By: TAMRA WADE · License #214598
Source: Millerrealtyatl
Added: Jul 27 Changed: Aug 23 Last Checked: Aug 22 at 1:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Tru

Investment Insights

Based on property information with market context.

Cotton Gin Row is a newly constructed build-to-rent townhome community featuring 18 residences across nine duplex buildings. All units are end-unit townhomes and are designed with three bedrooms and two-and-a-half bathrooms, along with an attached two-car garage. Interior features include granite countertops, white shaker cabinetry, stainless steel appliances, luxury vinyl plank flooring, and ceiling fans throughout. Separate utility metering is in place, allowing tenants to pay their own electric, water/sewer, and trash expenses.

The property is located along the I-85 corridor in Commerce, Georgia, within Jackson County. It is currently in lease-up with 83% occupancy and projected stabilization by the end of August 2026, and it is professionally managed. Financial information, including a rent roll and operating statements, is available upon execution of a Confidentiality Agreement.

Key Highlights

  • Newly constructed 18‑unit build‑to‑rent townhome community (Year Built 2026) in nine duplex buildings
  • All 18 residences are end‑unit townhomes, each offering approx. 1,866 SF with 3 bedrooms and 2.5 bathrooms
  • Each home includes an attached two‑car garage plus granite countertops, white shaker cabinetry, stainless steel appliances, luxury vinyl plank flooring, and ceiling fans

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Plumbing Service Furniture & Home Goods Nail Salon Kitchen & Bath Showroom Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18
Residential units
83%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

56
Businesses Nearby

Demographics for 30529, GA

12,033
Population
4,642
Households
2.6
Avg Household Size
38
Median Age
18%
College-Educated
84%
High-School Grad
50.5 sq mi
ZIP Area
238
Density / Sq Mi
$62,122
Median Household Income
$36,219
Median Earnings
$1,050
Median Rent
$234,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Newly constructed 18-unit end-unit townhome community with attached two-car garages and separate utility metering.
Where is this apartment building located?
The property is located at 632 Madison Street Commerce, GA.
What is the asking price?
The asking price for this property is $5,287,383.
What are key features of this property?
This property features: Newly constructed 18‑unit build‑to‑rent townhome community (Year Built 2026) in nine duplex buildings; All 18 residences are end‑unit townhomes, each offering approx. 1,866 SF with 3 bedrooms and 2.5 bathrooms; Each home includes an attached two‑car garage plus granite countertops, white shaker cabinetry, stainless steel appliances, luxury vinyl plank flooring, and ceiling fans
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message