Providence Management Co. purchased Ashebrook Pointe Apartments in Greensboro in September, 2016 and they are now close to completing 24 new units and a new fitness center.
Providence Management said completion on the new units at 2828 Vanstory St. — split between one-bedroom and two-bedroom apartments — is expected in the next three weeks.
The expected rental price range is $630-$795, according to Providence Management, which said the new units would be similar to the original 216 units, though slightly smaller with different floor plans. Existing units range from 800 square feet to more than 1,100 square feet.
The expected rental prices would be $80 to $100 more expensive than current units.
The total cost of the project is estimated at $1.1 million.