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.
21 days
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117
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7
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Zillow last checked:
Listing updated:
Listed by:
Stephen Quesinberry678-617-0076,
Cornerstone Real Estate Partners
Source: GAMLS,MLS#: 10799633
Facts & features
Interior
Heating
Central
Cooling
Ceiling Fan(s), Central Air
Features
Basement: None
Has fireplace: No
Property
Parking
Total spaces: 2
Parking features: Assigned
Features
Levels: Two
Stories: 2
Body of water: None
Lot
Size: 2 Acres
Details
Parcel number: 021 003C
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family, Townhouse
Materials
Wood Siding
Condition
Resale
New construction: No
Year built: 2002
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Individual Meters, Water Individual Meters
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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