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.