941-947 Oak Ave.
Photo courtesy of Apartment Realty Group

941-947 Oak Ave. Photo courtesy of Apartment Realty Group

A Carlsbad apartment complex has been sold for $3 million.

Neither the seller nor the buyer of the property at 941-947 Oak Ave. was disclosed.

Built in 1958, the complex has 11 apartments.

There are one three-bedroom, two-bathroom apartment of about 1,150 square feet, two two-bedroom, one-bathroom apartments of about 870 square feet, six one-bedroom, one-bathroom apartments of about 500 square feet and two studio apartments of about 450 square feet.

Gregory Colligan, a senior associate at Marcus & Millichap represented the seller.

James Carter, senior managing partner of Apartment Realty Group, represented the buyer.

Brian Barnard of Chase Bank provided financing.

Real estate reporter Ray Huard may be reached at rhuard@sdbj.com or 858-277-8904.