Sherman Heights apartments
Photo courtesy of ACRE Investment Real Estate Services

Sherman Heights apartments Photo courtesy of ACRE Investment Real Estate Services

A Sherman Heights apartment complex has been sold for $3.2 million.

Sherman Hill, LLC bought the property at 541-561 ½ 22nd St.

The seller was Sherman House, LLC

Built in 1952, the complex has 16 apartments.

All 16 apartments are one-bedroom, one-bathroom units averaging 440 square feet.

The seller was represented by Rita Lancaster-Hannah, senior vice president of ACRE Investment Real Estate.

The buyer was represented by Lauren Empey of Empey Realty.

Real estate reporter Ray Huard may be reached at rhuard@sdbj.com or 858-277-8904.