A Spring Valley apartment complex has sold for $8 million.
The complex at 3827 Conrad Drive in the Casa de Oro neighborhood has 44 apartments, ranging in size from 725 square-feet for one-bedroom, one-bathroom units to 925 square feet for two-bedroom, two-bathroom units.
The seller was Boris Ackerman, a private investor. The buyer was O.M. Management, LLC of San Diego.
Chris Zorbas and Tyler Leeson, senior managing directors in Marcus & Millichap’s San Diego and Newport Beach offices, represented the seller. Taylor Kettlewell, an association in the firm’s San Diego office, and Zorbas represented the buyer.