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.
Active
$2,200,000
878 Hospital Rd, Commerce, GA 30529
--beds
0baths
--sqft
Est.:
Other, Residential Income
Built in 2002
-- sqft lot
$2,087,700 Zestimate®
$--/sqft
$-- HOA
What's special
Gated settingTownhome-style layout
- 5 days |
- 378 |
- 12 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listing Provided by:
Stephen Quesinberry,
Cornerstone Real Estate Partners, LLC 678-617-0076
Source: FMLS GA,MLS#: 7752601
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Features
- Flooring: Carpet, Vinyl
- Windows: None
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Parking Lot
Features
- Levels: Two
- Stories: 2
- Exterior features: No Dock
- Fencing: Fenced,Wood
- Has view: Yes
- View description: Trees/Woods
- Waterfront features: None
- Body of water: None
Lot
- Size: 2 Acres
- Features: Private, Wooded
Details
- Parcel number: 021 003C
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other, Residential Income
Materials
- HardiPlank Type
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: Gated
- Security: Security Gate
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Commerce
Financial & listing details
- Tax assessed value: $1,393,000
- Annual tax amount: $14,881
- Date on market: 4/21/2026
- Electric utility on property: Yes
Estimated market value
$2,087,700
$1.98M - $2.19M
$1,597/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2026 | Listed for sale | $2,200,000+35.4% |
Source: | ||
| 12/22/2021 | Sold | $1,625,000+115.9% |
Source: Public Record Report a problem | ||
| 3/31/2017 | Sold | $752,500+3.8% |
Source: Public Record Report a problem | ||
| 3/31/2015 | Sold | $725,000+811.9% |
Source: Public Record Report a problem | ||
| 2/2/2015 | Listing removed | $895 |
Source: KDD PROPERTY MANAGEMENT, LLC #07279469 Report a problem | ||
| 11/2/2014 | Listing removed | $79,500 |
Source: Keller Williams Realty Lanier Partners #07326112 Report a problem | ||
| 10/5/2014 | Price change | $895-5.8% |
Source: KDD PROPERTY MANAGEMENT, LLC #07279469 Report a problem | ||
| 8/26/2014 | Listed for sale | $79,500 |
Source: Keller Williams Realty Lanier Partners #07326112 Report a problem | ||
| 6/24/2014 | Listed for rent | $950 |
Source: KDD PROPERTY MANAGEMENT, LLC #07279469 Report a problem | ||
| 6/4/2014 | Listing removed | $79,500 |
Source: REALTIES-USA #5239461 Report a problem | ||
| 4/30/2014 | Price change | $79,500-11.6% |
Source: REALTIES-USA #5239461 Report a problem | ||
| 4/18/2014 | Price change | $89,900-10% |
Source: REALTIES-USA #5239461 Report a problem | ||
| 1/16/2014 | Listed for sale | $99,900-64.9% |
Source: REALTIES-USA #5239461 Report a problem | ||
| 7/2/2013 | Sold | $285,000-69.7% |
Source: Public Record Report a problem | ||
| 12/17/2004 | Sold | $940,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,766 -11.3% | $557,200 |
| 2024 | $15,525 +13.1% | $557,200 +13.8% |
| 2023 | $13,724 +9.9% | $489,600 +27.2% |
| 2022 | $12,484 -1.9% | $385,000 |
| 2021 | $12,731 +0.8% | $385,000 +12% |
| 2020 | $12,631 +0.9% | $343,600 |
| 2019 | $12,522 +12.2% | $343,600 +4.9% |
| 2018 | $11,165 +2.2% | $327,400 +11.7% |
| 2017 | $10,922 +0.5% | $293,046 |
| 2016 | $10,870 +0.6% | $293,046 |
| 2015 | $10,808 -3.3% | $293,046 +33.3% |
| 2014 | $11,172 +32.2% | $219,842 +1.7% |
| 2013 | $8,448 | $216,098 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
$12,956/mo
Principal & interest
$11269
Property taxes
$1687
More affordability tools
Climate risks
Neighborhood: 30529
Nearby schools
GreatSchools rating
- NACommerce Primary SchoolGrades: PK-2Distance: 1.7 mi
- 7/10Commerce Middle SchoolGrades: 5-8Distance: 2.3 mi
- 7/10Commerce High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Commerce
- Middle: Commerce
- High: Commerce
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Georgia
- Jackson County
- Commerce
- 30529
- 878 Hospital Rd







