TA Realty, a leading real estate investment firm, has made a significant investment of $105 million in an apartment complex located in Cary. The company acquired Novel Cary Apartments for $329,000 per unit from Cresent Communities. This 320-unit project was completed towards the end of 2022.
Novel Cary offers a variety of living options including studios, one-, two-, and three-bedroom apartments ranging from 575 square feet to 1,490 square feet. The community also features two-bedroom carriage homes with townhome-style layouts above garages. Residents can enjoy amenities such as a swimming pool with cabanas, hammock lawn area, grilling space, fitness center,
resident lounge with bar and games room,
pet park,
and a two-story resident clubroom offering food-themed amenities.
The rental prices at Novel Cary range from $1
