The Residences at Diamond Ridge

About The Residences at Diamond Ridge

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Residences at Diamond Ridge, a 336-unit apartment community located in Winston-Salem, North Carolina inside of the thriving Piedmont Triangle market, which ranked 7th in the nation for non-major market rent growth in the first quarter of 2020. The property’s strategic location within 10 minutes of the Triad’s most prominent employment and entertainment hubs will benefit from an economic evolution towards innovative fields of technology and medicine which is spurring the nationally recognized growth. Constructed in two phases (1962/1972), The Residences at Diamond Ridge represents a unique, large-scale investment opportunity, which has received over $1.2M in capital investment over the past 18 months and is now primed to realize a 71% increase to NOI through a targeted interior value-add program.