BEAUMONT – WINLYND LLC purchased a 384-bed, 96-unit student housing community near Lamar University.
Located at 5230 S. Martin Luther King Pkwy., Village at Lamar features five three-story buildings and a leasing center.
Each of the 96 units has four bedrooms and two baths.
The property was bought at a foreclosure auction, where WINLYND acquired its distressed bank note.
WINLYND plans on investing hundreds of thousands of dollars into renovations, which are expected to be finished in time for the fall 2018 semester.
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