JLL Capital Markets completes $7 million sale of 14.98-acre land site in the Flowers Plantation MPC near Clayton, NC

 Sarah Godwin

 

 RALEIGH, NC – JLL Capital Markets has closed the $7.26 million sale of a 14.98-acre multi-housing development in the Flowers Plantation master-planned community (MPC) in Johnston County, North Carolina.

 

York Properties, Inc and JLL represented the seller, Flowers Holding Company, LLC. Ardmore Residential acquired the asset.

 

The JLL Capital Markets Sales and Advisory team representing the seller was led by Director Sarah Godwin. John Koonce worked on behalf of York Properties.

John Koonce

This will be Ardmore’s second multi-housing development site within the Flowers community, after purchasing 20 acres in December 2020 for a 396-unit development.

 

 

CONTACT:

 

Jenna Sharp

 JLL Associate

 Public Relations

Phone: +1 214 394 3356

Email:  Jenna.Sharp@am.jll.com

 

ardmoreresidential.com.