LA-based investment manager Lowe Enterprises Investors acquired the 352-unit Covington Farms apartments at 10115 Holly Drive in Everett, WA., approximately 25 miles north of Seattle. Although the sale price was not disclosed, the property is believed to have sold for nearly the same price it last sold in 2008. The 95 percent occupied property was built in 1989 and contains a mix of one- two- and three-bedroom units.