Download Offering Materials: Old Jennings Development Site
Capstone is pleased to present the exclusive listing of Old Jennings, a 22.48-acre multi-family development opportunity located in the Jacksonville MSA. The site is shovel-ready having all of the necessary zoning & development approvals for 316 multi-family units, allowing for new ownership to start construction immediately, largely reducing developer risk. Directly adjacent to the brand-new Clay County Town Center, the site will benefit from the immediate retail amenities as well as the surplus of potential residents once the Town Center has completed construction. Old Jennings represents a home-run opportunity to develop a multi-family property in an area with low supply and a plethora of incoming activity.
Investment Highlights
Shovel-Ready Site Allowing for Speed to Market
Access to Demand & Employment Drivers
Visibility from Major Regional Thoroughfares