16-UNIT PROPERTY SELLS FOR $3.1M

San Diego Business Journal


October 15, 2012

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Marcus & Millichap Real Estate Investment Services announced the sale of 1021 North Vulcan Ave., a 16-unit apartment property located in Encinitas according to John Vorsheck, regional manager of the firm’s San Diego office. The asset sold for $3,158,000.

Aaron Bove and Michael Greiner, investment specialists in Marcus & Millichap’s San Diego office, represented the seller, an individual/personal trust. The buyer, a private investor, was secured and represented by Aaron Bove, an investment specialist in Marcus & Millichap’s San Diego office.

1021 North Vulcan Ave. is comprised of all two-bedroom /one and a half baths just west of Interstate 5.