Signature Property Group Venturing Into Mebane

June 5, 2015 at 1:33 pm Leave a comment

Hot off of its sale of its City View Apartments to Carroll Companies, Signature Property Group is venturing outside the bounds of Greensboro and developing 264-unit apartment community in Mebane:

A 264-unit apartment complex on South N.C. 119 is the most recent residential project approved by the Mebane City Council.

On Monday night, council members approved a request by Signature Property Group, Greensboro, to construct what the city’s agenda referred to as a “high-end” development on the western part of 22.5 acres on South N.C. 119 extending back to Holmes Lane…

The $25 million complex will be a gated community targeting “folks who could afford to buy a single-family home and just for some reason are choosing not to,” Coker said.

Coker said rents for the one- and two-bedroom units would range from $800 into the $1,000s.

It will feature amenities like a pool, clubhouse, fitness center, dog park, on-property bike trail, stainless steel appliances, 9-foot ceilings and solid wood cabinets.

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Entry filed under: Apartment Construction, Members in the News, Piedmont Triad Apartment Market, PTAA Members in the News. Tags: , , .

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