Suburban apartments sell for $10 million

(AP Photo/John Bazemore, File)

(AP Photo/John Bazemore, File)
Business
By
Jan 8, 2018
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A Centerville apartment complex recently sold for $10 million.

Sapling Centerville LLC sold the complex to VF1 Ashton Glen LLC, a Delaware limited liability company, for $10 million, according to Montgomery County property records.

The 12-unit complex at 506 Stonington Lane was built in 1997 and covers nearly 11,000 square feet.

RELATED: CVS Pharmacy building sells for $3.25 million

The apartments are east of South Main Street and north of Spring Valley Pike in Centerville, less than a mile south of West Franklin Street.

The sale was recorded Friday.

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Thomas Gnau is a business reporter who joined the Dayton Daily News in 2007. He has reported for daily newspapers in Ohio since 1991.