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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