Courtesy: Cornerstone Real Estate Partners
Stephen Quesinberry
678-617-0076
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.
Courtesy: Keller Williams Greater Athens
706-316-2900
Motivated seller make us an offer! Owner financing available with 50% down! Income producing mobile home park in a great area! 581 Ila Rd has 7 units on 1.67 acres, Units 1, 6, and 7 pay monthly lot rent and units 2, 3, 4, and 5 are owned by the park. 603 Ila Rd is a 2248 sq ft 4 bedroom, 2 bath homes on it's own .47 acre parcel. The property adjoins a large tract that has been approved for a residential development and is located close to Hwy 441 and downtown Commerce. The homes are metered individually for power and the tenants pay their share of water each month. Professionally managed currently. There is one unit that the tenant just moved out of. Call Agent for more details!
Motivated seller make us an offer! Owner financing available with 50% down! Income producing mobile home park in a great area! 581 Ila Rd has 7 units on 1.67 acres, Units 1, 6, and 7 pay monthly lot rent and units 2, 3, 4, and 5 are owned by the park. 603 Ila Rd is a 2248 sq ft 4 bedroom, 2 bath homes on it's own .47 acre parcel. The property adjoins a large tract that has been approved for a residential development and is located close to Hwy 441 and downtown Commerce. The homes are metered individually for power and the tenants pay their share of water each month. Professionally managed currently. There is one unit that the tenant just moved out of. Call Agent for more details!
Owner financing available with 50% down! Income producing mobile home park in a great area! 581 Ila Rd has 7 units on 1.67 acres, Units 1, 6, and 7 pay monthly lot rent and units 2, 3, 4, and 5 are owned by the park. 603 Ila Rd is a 2248 sq ft 4 bedroom, 2 bath homes on it's own .47 acre parcel. The property adjoins a large tract that has been approved for a residential development and is located close to Hwy 441 and downtown Commerce. The homes are metered individually for power and the tenants pay their share of water each month. Professionally managed currently. There is one unit that the tenant just moved out of. Call Agent for more details!
Owner financing available with 50% down! Income producing mobile home park in a great area! 581 Ila Rd has 7 units on 1.67 acres, Units 1, 6, and 7 pay monthly lot rent and units 2, 3, 4, and 5 are owned by the park. 603 Ila Rd is a 2248 sq ft 4 bedroom, 2 bath homes on it's own .47 acre parcel. The property adjoins a large tract that has been approved for a residential development and is located close to Hwy 441 and downtown Commerce. The homes are metered individually for power and the tenants pay their share of water each month. Professionally managed currently. There is one unit that the tenant just moved out of. Call Agent for more details!
Commerce is located in Georgia. Commerce, Georgia has a population of 7,213. Commerce is more family-centric than the surrounding county with 38.9% of the households containing married families with children. The county average for households married with children is 36.89%.
The median household income in Commerce, Georgia is $60,009. The median household income for the surrounding county is $73,455 compared to the national median of $69,021. The median age of people living in Commerce is 34.9 years.
The average high temperature in July is 88.6 degrees, with an average low temperature in January of 30.1 degrees. The average rainfall is approximately 49.6 inches per year, with 0.8 inches of snow per year.
