A 298-unit market-rate Stoneham apartment complex completed in 2018 has sold to a Lynnfield investor for $128.45 milion.

Wakefield Investments acquired the Mave Apartments bordering I-93 and the Middlesex Fells Reservation on March 15. The price works out to more than $431,000 per unit.

The seller, San Diego-based Fairfield Residential, developed the complex on 15 acres. Fairfield acquired the undeveloped parcel in April 2015 for $13.6 million.

Mave Stoneham contains a mix of one- and two-bedroom apartments averaging 967 square feet. Community amenities include a clubhouse, pool, gym, outdoor pavilion and grilling stations.

CBRE’s Simon Butler and Biria St. John represented the seller and procured the buyer, while CBRE’s John Kelly procured the financing.

“Mave Apartments offers market-leading product and has outstanding access to the numerous different employment centers throughout the Boston market, just nine miles from Boston, but also two exits south of Interstate 95 and Route 128,” Butler said in a statement.

Stoneham town meeting rezoned a part of the Fallon Road area near the Winchester line for residential development in 2012.