Preston Ridge is a multifamily development project in Cary, NC, one of the Raleigh MSA’s most desirable suburban submarkets. Cary has some of the metro’s strongest demographics and schools, and it is well located relative to the region’s primary employment centers: the Research Triangle and downtown Raleigh. Within Cary, the project lies inside of the prestigious Preston Country Club neighborhood, which is home to Cary’s most sought-after schools, best retail, and highest home values. In addition to the project being incredibly well located, Preston Ridge will also be constructed at a very attractive cost basis, approximately 35% below the current market value of comparable multifamily product.
