501 N. Ditmar St.
Photo courtesy of South Coast Commercial

501 N. Ditmar St. Photo courtesy of South Coast Commercial

 

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.