Investment firm CVG Properties has purchased an El Cajon apartment complex for $4 million, according to brokerage services provider Apartment Consultants Inc.

The company, also known as ACI Apartments, represented the buyer, and seller, Rodney Johnson. The 32-unit property is located at 480 Jamacha Road.

The 29,200-square-foot property was built in 1976.

— SDBJ Staff Report