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Apartments in Ramona on 14th St. sold

The 138-unit Quail Run Apartments complex, at 411 14th St. in Ramona 92065, has been sold for $14.9 million, cash.

The buyer was Conrad Prebys, trustee of the Conrad Prebys Trust, 3866 Ingraham St., San Diego 92109.

The seller of the property (assessor's parcel 282-262-67) was 411 Quail Run Partners L.P., a California limited partnership, with 411 14th Street Inc. its general partner. R. Bruce Kleege is president of 411 14th Street.

The apartment was constructed in 1985 on a 4.79-acre parcel. The sale occurred in mid-December.

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