Listing provided courtesy of Cornerstone Real Estate Partners, LLCMLS# 7752601MLS Provider
  • 70 days on site
  • 2 views

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.

Source: FMLS, MLS#: 7752601

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  • Property Type
    Residential Income
  • Lot
    2.00 acres

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Owning this Home

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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.

Life at 878 Hospital Road


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

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