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304-unit Old Dowlen Apartments trades hands

​​BEAUMONT – Miami-based LPI Holdings has purchased Old Dowlen, a 304-unit apartment community at 5350 Old Dowlen Rd.

Built in 2008, the property has one- to three-bedroom units. Rents range from $1,000 to $1,600. 

Amenities include a pool and clubhouse with business center. 

Newmark Knight Frank represented the seller, Venterra Realty.

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