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878 Hospital Road

Commerce, GA 30529

$2,050,000 $8,642/Mo

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Overview

Bed

Bath

Acres(Lot)

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 are as 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.

Property Details

Property Type : Residential Income

Price : $2,050,000

AD Id : 77649268

MLS Id : 7752601

Lot Size : 2 Acres

Year Built : 2002

County : Jackson

Map

What's Nearby

Nearby Areas

Features

Flooring Information

Carpet, Vinyl
Roofing Information

Shingle
Interior Features

Roof: Shingle
Heating & Cooling

Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air

Building Information

Year Built: 2002 Construction Materials: HardiPlank Type Private Pool: No View: Trees/Woods

Lot Information

Lot Dimensions: x Lot Size Acres: 2 Lot Size Source: Public Records Lot Description: Private, Wooded

Property Information

Subdivision: NONE Source Property Type: Residential Income Postal Code Plus 4: 1109 Levels: Two Property Age: 24

Listing Price Information

Listing Price: $2050000 Original Price: $2200000

Tax Information

Parcel Number: 021 003C Tax Year: 2025 Annual Tax: $14881 Tax Legal Desc: SHADES COURT DUPLEXES 2 AC PB 30/152

Parking Information

Parking Total: 2 Parking Lot

School Information

Elementary School: Commerce

Junior High School: Commerce

Senior High School: Commerce
Utility Information

Electricity Available, Natural Gas Available, Sewer Available, Water Available
Location Information

Direction: Gated community. Do not disturb tenants. No drive-bys or unscheduled visits. Contact listing agent for Offering Memorandum, financials, and access instructions. WaterSource: Public Security Features: Security Gate

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
305 Harmony Gates Drive, Commerce, GA, 30529	$1,300,000	5	5	3,586	3,586 SqFt
1170 Mulberry Chase, Commerce, GA, 30529	$699,000	4	4	3,020	3,020 SqFt
580 Belmont Park Drive, Commerce, GA, 30529	$425,000	4	4	2,679	2,679 SqFt
67 Cotton Street, Commerce, GA, 30529	$245,000	3	2	--
67 Cotton Street, Commerce, GA, 30529	$245,000	3	2	1,312	1,312 SqFt
231 Wood Street, Commerce, GA, 30529	$454,900	4	3	2,470	2,470 SqFt
231 Wood Street, Commerce, GA, 30529	$454,900	4	2	2,470	2,470 SqFt
246 Spring Street, Commerce, GA, 30529	$269,900	2	1	1,056	1,056 SqFt
232 Mcarthur Street, Commerce, GA, 30529	$240,000	3	2	1,362	1,362 SqFt
232 Mcarthur Street, Commerce, GA, 30529	$240,000	3	2	1,362	1,362 SqFt

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ByOwner last updated this listing 06/08/2026 @ 11:04

MLS: 7752601 LISTED BY: Stephen Quesinberry, Cornerstone Real Estate Partners, LLC 494-490-2063 SOURCE: First Multiple Listing Service (FMLS)