Listing provided courtesy of Cornerstone Real Estate Partners, LLC- MLS# 7752601MLS Provider

878 Hospital RoadCommerce, GA 30529

Multi-Family · 2.00 Acres
$2,050,000 Active

878 Hospital Road Overview

Time on Site:
70 days
Visits:
2

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.

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878 Hospital Road Facts & Features

  • Type Multi-Family
  • Lot 2.00 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • Elementary School: Commerce
  • Middle Or Junior School: Commerce
  • High School: Commerce

Green Features

  • Green Energy Efficient: None
  • Green Energy Generation: None

Building Information

  • Year Built: 2002

Location/Region

  • County Or Parish: Jackson - GA
  • Subdivision Name: NONE

Community/Development

  • Community Features: Gated

Tax Information

  • Tax Annual Amount: 14881
  • Tax Year: 2025

General Information

  • Furnished: Unfurnished
  • Parcel Number: 021 003C
  • Property Condition: Resale
  • Property Sub Type: Other
  • Property Type: Residential Income

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Cooling: Ceiling Fan(s), Central Air
  • Flooring: Carpet, Vinyl
  • Heating: Central
  • Levels: Two
  • Security Features: Security Gate
  • Window Features: None

Exterior

Parking Information

  • Parking Features: Parking Lot
  • Parking Total: 2

Lot Information

  • Lot Features: Private, Wooded
  • Lot Size Acres: 2
  • Lot Size Dimensions: x
  • Lot Size Source: Public Records
  • Water Source: Public

Waterfront/View

  • View: Trees/Woods
  • Water Body Name: None
  • Waterfront Features: None

Building Exterior/Construction

  • Dock: None
  • Construction Materials: HardiPlank Type
  • Property Attached: No
  • Roof: Shingle

General Information

  • Fencing: Fenced, Wood
  • Number Of Units Total: 10
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
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878 Hospital Road Neighborhood

Community

30529 (COMMERCE) Demographics

34
Median Age
232
Population Density (per sq. mile)
25%
College Educated
$51,539
Estimated Median Income
2,721
Estimated Total Home Owners
1,885
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

878 Hospital Road Monthly Cost

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$ %
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$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

878 Hospital Road Market Data

Based on the last 30 days in this zip code

$445,470
Average List Price
$222
Average Price per Square Foot
14
Properties Sold
82
Average Days on Market
163
Properties for Sale
Calculations provided by Reliance Network

878 Hospital Road History

Date Event Value Agent
5/14/2026Source: Georgia MLS Status Change
Active
5/12/2026Source: FMLS Price Reduction
$2,050,000 -6.8%
5/12/2026Source: Georgia MLS Price Reduction
$2,050,000 -6.8%
5/12/2026Source: Georgia MLS Status Change
Price Change
5/4/2026Source: Georgia MLS Status Change
Active
4/21/2026Source: Georgia MLS Added to Database
April 21, 2026
4/21/2026Source: FMLS Added to Database
April 21, 2026