2025 Swift Commons Lane
Cary, NC 27513
PDR developed this 196-unit Class A apartment community on a 13.2-acre site in Cary, NC. Construction was completed in 2011. The community is a three-story, garden style product designed by The Preston Partnership headquartered in Atlanta, Georgia. Unit mix consists of one, two and three bedroom units ranging from 781 to 1,290 square feet in size. Amenities include a 5,000 square foot clubhouse with full-service fitness center, media room, pool. Other amenities include bocce courts, on-site car wash, fire-pit, grilling and picnic areas and a 2 acre wooded walking/jogging trail.
The property sits at the northeast quadrant of Old Apex Road and West Chatham Street just (0.3 or 1/3) miles from downtown Cary. Cary is continually recognized as one of the premier bedroom communities across the country and is centrally located to Raleigh, Durham, Chapel Hill and Research Triangle Park.
PDR secured financing with Berkadia Commercial Mortgage through HUD’s 221(d)4 program.