3115 Garner Rd, Raleigh, NC, 27610, US

Haddonstone Townhomes

Description

JLL, serving as exclusive advisor, is proud to offer for acquisition Haddonstone Townhomes (the "Property" or "Community"), a premier 98-unit Class A Build-to-Rent (BTR) development opportunity situated in Raleigh, North Carolina. This to-be-constructed asset will feature two- and three-bedroom townhomes, each equipped with single-car garages. The Property represents a component of the broader Stanley Martin master-planned community, which encompasses 342 total residential units, including these 98 rental homes.

The forward sale structure enables the investor to take down the project in tranches, aligning capital deployment with construction delivery and lease-up performance. Upon completion, the community will feature high-quality townhomes with modern ﬂoor plans, attached garages, and curated amenities to maximize resident satisfaction and retention.

Haddonstone Townhomes is strategically positioned just three miles from Downtown Raleigh, offering immediate access to the city’s top employment, education, and entertainment centers. Planned for a townhome community, The Property is positioned to capture strong demand from professionals and families seeking quality for-rent housing near North Carolina State University, Raleigh’s medical district, and major transit corridors including I-40 and I-440. With Raleigh’s rapid population and job growth fueling one of the Southeast’s most dynamic housing markets, the site provides investors with a rare opportunity to acquire product in a walkable, inﬁll location.

Raleigh is one of the fastest-growing metros in the Southeast, driven by strong in-migration, a highly educated workforce, and steady job creation in technology, life sciences, and higher education. The market’s rapid population growth, coupled with limited for-sale housing affordability, has created signiﬁcant demand for high-quality rental housing. With strong fundamentals and long-term economic resilience, Raleigh presents an ideal market for BTR investment, offering both stability and outsized growth potential.

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Attributes

Units

Year built

2026

Media

Investment highlights

Premier Build-to-Rent Opportunity
Strategic Raleigh Location – Located on Garner Road just minutes from Downtown Raleigh, with convenient access to I-40, I-440, and US-70, connecting residents to major employment centers across the Triangle.
Strong Market Fundamentals – Raleigh continues to rank among the fastest-growing metros in the U.S., driven by in-migration, job growth, and housing affordability challenges supporting long-term rental demand.
Forward Sale Structure – Offers investors reduced entitlement and construction risk with a clear, deliverable path to completion and stabilized performance.
Premium Suburban Living – Modern layouts designed for privacy, space, and flexibility — appealing to renters seeking alternatives to traditional multifamily living.
Favorable Supply Dynamics – Limited existing BTR inventory and high barriers to entry within the submarket support continued rent growth and absorption strength.
Raleigh Growth Tailwinds – Supported by expanding tech, life sciences, and higher-education sectors fueling population and income gains across the region.