San Diego Business Journal

Escondido Apartments Sold for $4.9M

Monday, December 3, 2012

The Cove at Bear Valley, a 24-unit apartment complex in Escondido, has been sold for $4.9 million, according to CoStar Group.

The buyer was Betty L. Miller LLC of San Diego, and the seller was BVE Apartments LLC of Carmel, Ind. The 25,000-square-foot complex was built in 1987 on 1.6 acres at 2530 Bear Valley Parkway.

Brokerage firm Marcus & Millichap represented the buyer and seller.

— SDBJ Staff Report