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.