An affordable housing complex for seniors in Sterling has sold for $27.15 million, Irvine, California-based Avanath Capital Management announced late last week. Built in 2001, Cascades Village is a three-story apartment complex for residents 55 years of age and older. The property is 98.7% occupied. The units sit on 5.65 acres and the property also includes 180 parking spaces and amenities including a fitness center, beauty salon, library and outdoor patio.