An Oceanside apartment complex has been sold for nearly $3.9 million.
Caravan Apartments, 501 N. Ditmar St., was acquired by Neptune Moonlight, LLC of Encinitas.
The 12-apartment complex was sold by the Schroeder Family Trust of San Diego.
Benn Vogelsang of South Coast Commercial, Inc. represented the buyer and seller.
The property has eight two-bedroom apartments of about 950 square feet and four one-bedroom apartments of about 650 square feet.
“This is a value add project close to the ocean in the up-and-coming coastal market of Oceanside,” Vogelsang said.