Marcus & Millichap

Aaron Bove

Overview

Aaron Bove specializes in the sale of multifamily apartment buildings in San Diego county and facilitates clients' 1031 exchanges into like-kind properties such as apartments, triple-net, retail, or mobile home properties. His focus on value, both in the service he provides and the buildings he sells, is the primary reason his clients accrue large amounts of wealth. Over the course of his career he has sold over $350,000,000 of real estate in over 300 transactions, and over the last six years has consistently sold the most multifamily investment properties of any broker in San Diego. This volume of activity gives Mr. Bove unparalleled market knowledge that he leverages while pricing properties and negotiating deals.
 
Mr. Bove leads a large multifamily team that includes a financial analyst, administrative assistant, and five agents which allows him to focus on client interaction, customer service, and negotiation. His approach to the entire transaction process, from evaluation to closing, is centered around his clients goals and adding value wherever possible. His professionalism, enthusiasm, and unmatched local market expertise makes him one of San Diego's top apartment brokers.
 
Mr. Bove joined Marcus & Millichap in February 2001. After graduating from Miami University in Oxford, Ohio, he started his career with a local Cincinnati based multifamily developer which ultimately led him to San Diego and his current position as Director of the National Multi Housing Group. He has long been active in the real estate community, serving as Vice President of the Commercial Realtor's Association of San Diego (CRA), Director of the Special Assets Services Group (SAS), and was the single point of contact for a large California based Savings and Loan.

San Diego
Aaron Bove

Aaron Bove

Senior Vice President Investments
Tel: (858) 373-3237
Fax: (858) 373-3110

  • Apartments
  • San Diego

License:  CA  01318320

Contact

Senior Director - Special Asset Services Group
Senior Director - National Multi Housing Group

Promoted to Associate in January, 2003
Promoted to Senior Associate in September, 2004
Promoted to Associate Vice President Investments in January, 2008
Promoted to Vice President Investments in July, 2009
Promoted to Senior Vice President Investments in January, 2017
Senior Director, National Multi Housing Group
Senior Director, Special Asset Services
Board of Directors, Vice President, Commercial Realtor's Association of San Diego
Multi Family Specialist, San Diego County

Miami University, Finance/Real Estate

National Achievement Award: 2019, 2018, 2017, 2016, 2015, 2013
Sales Recognition Award: 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011, 2010, 2005, 2004, 2003
300+ Successful Transactions
Over $350,000,000 of Real Estate Sold
Promoted to Vice President Investments - 2009
Promoted to Senior Vice President of Special Asset Services -2012
Sales Recognition Award - 2010, 2011, 2012, 2014, 2015, 2016
National Achievement Awards - 2013, 2015, 2016
Promoted to First Vice President Investments - 2016
Promoted to Senior Director of National Multi Housing Group - 2017
Promoted to Senior Vice President Investments - 2017

Our Team


Transactions Closed

  • GrandMarc at University Village Ground Lease

    GrandMarc at University Village Ground Lease

    Multifamily

    Riverside, CA
    Price: $22,000,000
    Size: 277,724 sqft
    Size: 212 units
    Cap Rate: 1.96%

  • 600-616 Prospect Street

    600-616 Prospect Street

    Multifamily

    La Jolla, CA
    Price: $8,950,000
    Size: 12,442 sqft
    Size: 17 units
    Cap Rate: 3.57%

  • 1335 Pacific Beach Drive

    1335 Pacific Beach Drive

    Multifamily

    San Diego, CA
    Price: $7,785,000
    Size: 17,880 sqft
    Size: 32 units
    Cap Rate: 3.59%

  • 502-671 Mobley Lane

    502-671 Mobley Lane

    Multifamily

    Hemet, CA
    Price: $7,665,000
    Size: 50,368 sqft
    Size: 64 units
    Cap Rate: 5.10%

  • OCEAN VILLAS AT CARLSBAD

    OCEAN VILLAS AT CARLSBAD

    Multifamily

    Carlsbad, CA
    Price: $7,300,000
    Size: 9,300 sqft
    Size: 11 units
    Cap Rate: 5.63%

  • Jasmine Inn Apartments

    Jasmine Inn Apartments

    Multifamily

    San Diego, CA
    Price: $7,100,000
    Size: 13,880 sqft
    Size: 85 units
    Cap Rate: 6.40%

  • 545 E Street

    545 E Street

    Multifamily

    Chula Vista, CA
    Price: $6,000,000
    Size: 33,194 sqft
    Size: 50 units
    Cap Rate: 5.13%

  • Kensington Mixed-Use Investment Opportunity

    Kensington Mixed-Use Investment Opportunity

    Multifamily, Office & Retail

    San Diego, CA
    Price: $5,525,000
    Size: 14,064 sqft
    Size: 09 units
    Cap Rate: 4.71%

  • Casa Serena

    Casa Serena

    Multifamily

    San Diego, CA
    Price: $5,360,000
    Size: 32,390 sqft
    Size: 41 units

  • 942 Beech Street

    942 Beech Street

    Multifamily

    San Diego, CA
    Price: $5,075,000
    Size: 14,382 sqft
    Size: 31 units
    Cap Rate: 3.46%

  • Colonial Park

    Colonial Park

    Multifamily

    Tempe , AZ
    Price: $4,900,000
    Size: 29,518 sqft
    Size: 21 units
    Cap Rate: 5.15%

  • Fallbrook Hillside Terrace Apartments

    Fallbrook Hillside Terrace Apartments

    Multifamily

    Fallbrook, CA
    Price: $4,800,000
    Size: 26,886 sqft
    Size: 29 units
    Cap Rate: 5.30%

  • CCPD Development Site

    CCPD Development Site

    Land - Multi-Family

    San Diego, CA
    Price: $4,500,000
    Size: 10,754 sqft

  • Patio Garden Mobile Home Community

    Patio Garden Mobile Home Community

    Mobile Home Park

    Mesa, AZ
    Price: $4,500,000
    Size: 90 units
    Cap Rate: 6.55%

  • 1144 Fresno Street

    1144 Fresno Street

    Multifamily

    San Diego, CA
    Price: $4,350,000
    Size: 11,597 sqft
    Size: 06 units
    Cap Rate: 4.30%

  • 700 Alta Vista Drive

    700 Alta Vista Drive

    Multifamily

    Vista, CA
    Price: $4,230,000
    Size: 26,980 sqft
    Size: 31 units

  • 1021 North Vulcan Avenue

    1021 North Vulcan Avenue

    Multifamily

    Encinitas, CA
    Price: $4,118,000
    Size: 14,400 sqft
    Size: 16 units
    Cap Rate: 4.51%

  • La Costa Meadows

    La Costa Meadows

    Multifamily

    Carlsbad, CA
    Price: $4,100,000
    Size: 10,886 sqft
    Size: 13 units
    Cap Rate: 3.89%

  • 3350 Harding Street

    3350 Harding Street

    Multifamily

    Carlsbad, CA
    Price: $4,100,000
    Size: 13,878 sqft
    Size: 17 units
    Cap Rate: 4.55%

  • Pacific Shore Apartments

    Pacific Shore Apartments

    Multifamily

    San Clemente, CA
    Price: $3,850,000
    Size: 15,600 sqft
    Size: 30 units

  • 1317 RUSSELL WAY

    1317 RUSSELL WAY

    Multifamily

    Hayward, CA
    Price: $3,500,000
    Size: 11,678 sqft
    Size: 10 units
    Cap Rate: 4.80%

  • Cedar Palms Apartments

    Cedar Palms Apartments

    Multifamily

    Vista, CA
    Price: $3,400,000
    Size: 14,364 sqft
    Size: 14 units

  • Arizona Correctional Industries Facility

    Arizona Correctional Industries Facility

    Single-Tenant Industrial

    Phoenix, AZ
    Price: $3,400,000
    Size: 42,127 sqft
    Cap Rate: 9.45%

  • Courtyard Terrace

    Courtyard Terrace

    Multifamily

    San Diego, CA
    Price: $3,300,000
    Size: 11,526 sqft
    Size: 18 units
    Cap Rate: 4.67%

  • Jasmine Apartments

    Jasmine Apartments

    Multifamily

    San Diego, CA
    Price: $3,250,000
    Size: 7,466 sqft
    Size: 18 units
    Cap Rate: 4.13%

  • Centella Apartments

    Centella Apartments

    Multifamily

    Carlsbad, CA
    Price: $3,248,000
    Size: 9,572 sqft
    Size: 09 units
    Cap Rate: 3.59%

  • 1021 North Vulcan Avenue

    1021 North Vulcan Avenue

    Multifamily

    Encinitas, CA
    Price: $3,158,000
    Size: 25,600 sqft
    Size: 16 units
    Cap Rate: 8.57%

  • La Costa Apartments

    La Costa Apartments

    Multifamily

    Carlsbad, CA
    Price: $3,125,000
    Size: 8,152 sqft
    Size: 08 units
    Cap Rate: 2.93%

  • CVS

    CVS

    Retail Vacant/User

    Indianapolis, IN
    Price: $3,117,000
    Size: 10,125 sqft
    Cap Rate: 7.98%

  • Weir SPM Service Center

    Weir SPM Service Center

    Single-Tenant Industrial

    Pleasanton, TX
    Size: 15,750 sqft
    Cap Rate: 8.70%

  • 1536 Moorland Dr

    1536 Moorland Dr

    Multifamily

    San Diego, CA
    Price: $3,080,000
    Size: 5,328 sqft
    Size: 08 units
    Cap Rate: 2.91%

  • The Empire

    The Empire

    Multifamily

    SAN DIEGO, CA
    Price: $3,000,000
    Size: 9,180 sqft
    Size: 18 units
    Cap Rate: 3.90%

  • Ada Street Townhomes

    Ada Street Townhomes

    Multifamily

    Chula Vista, CA
    Price: $3,000,000
    Size: 15,995 sqft
    Size: 10 units
    Cap Rate: 5.63%

  • 4250 Ingraham Street

    4250 Ingraham Street

    Multifamily

    San Diego, CA
    Price: $3,000,000
    Size: 4,737 sqft
    Size: 09 units
    Cap Rate: 4.15%

  • Hiawatha Apartments

    Hiawatha Apartments

    Multifamily

    El Cajon, CA
    Price: $3,000,000
    Size: 16,632 sqft
    Size: 18 units
    Cap Rate: 4.26%

  • 540 G Avenue

    540 G Avenue

    Multifamily

    Coronado, CA
    Price: $2,940,000
    Size: 5,565 sqft
    Size: 06 units
    Cap Rate: 4.23%

  • 4061 38th Street

    4061 38th Street

    Multifamily

    San Diego, CA
    Price: $2,895,000
    Size: 7,488 sqft
    Size: 12 units
    Cap Rate: 5.29%

  • Goodwill Store

    Goodwill Store

    Net Leased Discount

    Huntley, IL
    Price: $2,875,000
    Size: 16,000 sqft
    Cap Rate: 8.01%

  • Poway Palms

    Poway Palms

    Multifamily

    Poway, CA
    Price: $2,870,000
    Size: 21,038 sqft
    Size: 24 units
    Cap Rate: 4.99%

  • Bridgestone / Firestone

    Bridgestone / Firestone

    Net Leased Auto Parts

    Urbandale, IA
    Price: $2,861,000
    Size: 8,473 sqft
    Cap Rate: 7.15%

  • The Knolls

    The Knolls

    Multifamily

    Poway, CA
    Price: $2,860,000
    Size: 18,400 sqft
    Size: 26 units
    Cap Rate: 5.37%

  • 1758 Sixth Avenue

    1758 Sixth Avenue

    Multifamily

    San Diego, CA
    Price: $2,850,000
    Size: 6,324 sqft
    Size: 18 units
    Cap Rate: 4.30%

  • The Beechwood Hotel & Apartments

    The Beechwood Hotel & Apartments

    Multifamily

    San Diego, CA
    Price: $2,836,826
    Size: 5,955 sqft
    Size: 30 units
    Cap Rate: 6.22%

  • 408 South The Strand

    408 South The Strand

    Multifamily

    Oceanside, CA
    Price: $2,750,000
    Size: 4,650 sqft
    Size: 07 units
    Cap Rate: 2.29%

  • Summerwood Apartments

    Summerwood Apartments

    Multifamily

    Fallbrook, CA
    Price: $2,750,000
    Size: 21,296 sqft
    Size: 33 units
    Cap Rate: 6.73%

  • 299 Willie James Jones Avenue

    299 Willie James Jones Avenue

    Multifamily

    San Diego, CA
    Price: $2,745,000
    Size: 17,052 sqft
    Size: 24 units
    Cap Rate: 5.86%

  • 1130 11th Avenue

    1130 11th Avenue

    Multifamily

    San Diego, CA
    Price: $2,700,000
    Size: 8,274 sqft
    Size: 29 units
    Cap Rate: 5.22%

  • The Arches Apartments

    The Arches Apartments

    Multifamily

    La Mesa, CA
    Price: $2,700,000
    Size: 10,600 sqft
    Size: 18 units
    Cap Rate: 4.53%

  • Sweet Tomatoes

    Sweet Tomatoes

    Net Leased Restaurant

    Irving, TX
    Size: 7,468 sqft
    Cap Rate: 8.55%

  • 5460-5468 Imperial Avenue

    5460-5468 Imperial Avenue

    Multifamily

    San Diego, CA
    Price: $2,620,000
    Size: 17,982 sqft
    Size: 28 units
    Cap Rate: 6.44%

  • 1076 South Magnolia Avenue

    1076 South Magnolia Avenue

    Multifamily

    El Cajon, CA
    Price: $2,595,000
    Size: 18 units
    Cap Rate: 3.56%

  • Jack In The Box

    Jack In The Box

    Net Leased Restaurant

    Houston, TX
    Size: 2,379 sqft
    Cap Rate: 5.36%

  • 6631 La Jolla Blvd

    6631 La Jolla Blvd

    Multifamily

    La Jolla, CA
    Price: $2,550,000
    Size: 3,781 sqft
    Size: 05 units
    Cap Rate: 3.58%

  • Cedar Palms Apartments

    Cedar Palms Apartments

    Multifamily

    Vista, CA
    Price: $2,550,000
    Size: 14,364 sqft
    Size: 14 units
    Cap Rate: 5.11%

  • 854 10th Avenue

    854 10th Avenue

    Multifamily

    San Diego, CA
    Price: $2,500,000
    Size: 4,692 sqft
    Size: 12 units
    Cap Rate: 4.42%

  • 202 South Nevada Street

    202 South Nevada Street

    Multifamily

    Oceanside, CA
    Price: $2,500,000
    Size: 10,500 sqft
    Size: 12 units
    Cap Rate: 5.05%

  • Villeurbanne Apartments/REO

    Villeurbanne Apartments/REO

    Multifamily

    Modesto, CA
    Price: $2,500,000
    Size: 43,330 sqft
    Size: 42 units
    Cap Rate: 8.08%

  • SEC Normal & Polk

    SEC Normal & Polk

    Multifamily

    San Diego, CA
    Price: $2,450,000
    Size: 6,429 sqft
    Size: 10 units
    Cap Rate: 1.71%

  • 4460 & 4466 Altadena Avenue

    4460 & 4466 Altadena Avenue

    Multifamily

    San Diego, CA
    Price: $2,450,000
    Size: 5,022 sqft
    Size: 14 units
    Cap Rate: 4.65%

  • 524 W 4th St

    524 W 4th St

    Office Medical

    Perris, CA
    Price: $2,450,000
    Size: 8,277 sqft
    Size: 02 units
    Cap Rate: 7.44%

  • Primrose Park Apartments

    Primrose Park Apartments

    Multifamily

    Vista, CA
    Price: $2,320,000
    Size: 17,924 sqft
    Size: 22 units
    Cap Rate: 6.77%

  • 4715 Kensington Drive

    4715 Kensington Drive

    Multifamily

    San Diego, CA
    Price: $2,300,000
    Size: 01 sqft
    Size: 18 units

  • 3633 Marlborough Avenue

    3633 Marlborough Avenue

    Multifamily

    San Diego, CA
    Price: $2,300,000
    Size: 18 units
    Cap Rate: 4.82%

  • 3783 First Avenue

    3783 First Avenue

    Multifamily

    San Diego, CA
    Price: $2,295,000
    Size: 6,000 sqft
    Size: 05 units
    Cap Rate: 2.35%

  • Shepard's Garden

    Shepard's Garden

    Multifamily

    San Diego, CA
    Price: $2,275,000
    Size: 5,818 sqft
    Size: 28 units
    Cap Rate: 5.86%

  • Auburn Hills Apartments

    Auburn Hills Apartments

    Multifamily

    San Diego, CA
    Price: $2,275,000
    Size: 13,700 sqft
    Size: 17 units
    Cap Rate: 5.97%

  • Carriage Pines Apartments

    Carriage Pines Apartments

    Multifamily

    Poway, CA
    Price: $2,253,000
    Size: 9,476 sqft
    Size: 11 units
    Cap Rate: 3.81%

  • Broadway Redevelopment Site

    Broadway Redevelopment Site

    Land - Mixed-Use

    San Diego, CA
    Price: $2,200,000
    Size: 5,000 sqft

  • 1312 South Pacific Street

    1312 South Pacific Street

    Multifamily

    Oceanside, CA
    Price: $2,200,000
    Size: 4,620 sqft
    Size: 07 units
    Cap Rate: 3.65%

  • 4556 Park Boulevard

    4556 Park Boulevard

    Multifamily

    San Diego, CA
    Price: $2,140,000
    Size: 5,242 sqft
    Size: 07 units
    Cap Rate: 3.59%

  • 2143 Franklin Avenue

    2143 Franklin Avenue

    Multifamily

    San Diego, CA
    Price: $2,120,000
    Size: 3,938 sqft
    Size: 14 units
    Cap Rate: 6.00%

  • IHOP

    IHOP

    Net Leased Restaurant

    Austin, TX

  • 4560 and 4566 Cove Drive

    4560 and 4566 Cove Drive

    Multifamily

    Carlsbad, CA
    Price: $2,100,000
    Size: 8,045 sqft
    Size: 08 units
    Cap Rate: 3.65%

  • Sea Walk Apartments

    Sea Walk Apartments

    Multifamily

    Oceanside, CA
    Price: $2,100,000
    Size: 7,231 sqft
    Size: 12 units

  • 30th Street Redevelopment Site

    30th Street Redevelopment Site

    Land - Multi-Family

    San Diego, CA
    Price: $2,055,000
    Size: 14,997 sqft
    Cap Rate: 1.60%

  • 526 Anderson Place

    526 Anderson Place

    Multifamily

    San Diego, CA
    Price: $2,000,000
    Size: 9,000 sqft
    Size: 16 units
    Cap Rate: 6.25%

  • 3050 Pio Pico Drive

    3050 Pio Pico Drive

    Shopping Strip

    Carlsbad, CA
    Price: $2,000,000
    Size: 6,200 sqft

  • 4165 Mississippi Street

    4165 Mississippi Street

    Multifamily

    San Diego, CA
    Price: $1,975,000
    Size: 10 units
    Cap Rate: 3.29%

  • 4345 Lowell Street

    4345 Lowell Street

    Multifamily

    La Mesa, CA
    Price: $1,960,000
    Size: 9,924 sqft
    Size: 12 units
    Cap Rate: 7.88%

  • Canyon Crest

    Canyon Crest

    Multifamily

    San Diego, CA
    Price: $1,959,500
    Size: 10,949 sqft
    Size: 15 units
    Cap Rate: 6.33%

  • Dickey's Barbecue Pit

    Dickey's Barbecue Pit

    Net Leased Restaurant

    Flower Mound, TX
    Size: 3,424 sqft
    Cap Rate: 6.85%

  • Jack in the Box

    Jack in the Box

    Net Leased Restaurant

    Wallisville, TX
    Size: 4,634 sqft
    Cap Rate: 7.12%

  • 4344 & 4352 Hamilton Street

    4344 & 4352 Hamilton Street

    Multifamily

    San Diego, CA
    Price: $1,895,000
    Size: 11,702 sqft
    Size: 17 units
    Cap Rate: 4.68%

  • 2143 Franklin Avenue

    2143 Franklin Avenue

    Multifamily

    San Diego, CA
    Price: $1,880,000
    Size: 3,938 sqft
    Size: 14 units
    Cap Rate: 5.67%

  • 565 Ammunition Road

    565 Ammunition Road

    Multifamily

    Fallbrook, CA
    Price: $1,875,000
    Size: 9,804 sqft
    Size: 14 units
    Cap Rate: 5.71%

  • 5460-5468 Imperial Avenue

    5460-5468 Imperial Avenue

    Multifamily

    San Diego, CA
    Price: $1,856,000
    Size: 17,982 sqft
    Size: 28 units
    Cap Rate: 6.48%

  • State Street Mixed-Use Development

    State Street Mixed-Use Development

    Land - Mixed-Use

    Carlsbad, CA
    Price: $1,855,000
    Size: 12,199 sqft

  • 4770 32nd Street

    4770 32nd Street

    Multifamily

    San Diego, CA
    Price: $1,850,000
    Size: 4,892 sqft
    Size: 08 units
    Cap Rate: 4.82%

  • Transit-Oriented Development Opportunity

    Transit-Oriented Development Opportunity

    Land - Multi-Family

    San Diego, CA
    Price: $1,850,000
    Size: 37,500 sqft

  • 442 Ammunition Road

    442 Ammunition Road

    Multifamily

    Fallbrook, CA
    Price: $1,850,000
    Size: 11,987 sqft
    Size: 15 units
    Cap Rate: 5.24%

  • Mission Village

    Mission Village

    Multifamily

    San Diego , CA
    Price: $1,850,000
    Size: 11,640 sqft
    Size: 16 units
    Cap Rate: 6.79%

  • E Street Apartments

    E Street Apartments

    Multifamily

    San Diego, CA
    Price: $1,850,000
    Size: 12,086 sqft
    Size: 22 units
    Cap Rate: 6.28%

  • Cain Park Apartments

    Cain Park Apartments

    Multifamily

    Cleveland Heights, OH
    Price: $1,825,000
    Size: 44 units
    Cap Rate: 9.68%

  • 4127 35th Street

    4127 35th Street

    Multifamily

    San Diego, CA
    Price: $1,825,000
    Size: 5,678 sqft
    Size: 08 units
    Cap Rate: 5.39%

  • 4116-4196 Loveridge Road

    4116-4196 Loveridge Road

    Multifamily

    Pittsburg, CA
    Price: $1,810,000
    Size: 23,592 sqft
    Size: 30 units
    Cap Rate: 9.72%

  • Jack In The Box

    Jack In The Box

    Net Leased Restaurant

    Georgetown, TX
    Size: 2,462 sqft

  • 1509 Laurel Street

    1509 Laurel Street

    Multifamily

    Oceanside, CA
    Price: $1,760,000
    Size: 5,744 sqft
    Size: 08 units
    Cap Rate: 4.17%

  • Cottonwood Apartments

    Cottonwood Apartments

    Multifamily

    Tacoma, WA
    Price: $1,750,000
    Size: 01 sqft
    Size: 20 units

  • Howard Avenue Opportunity

    Howard Avenue Opportunity

    Land - Multi-Family

    San Ysidro, CA
    Price: $1,710,000
    Size: 41,817 sqft

  • Margaret Mary Community Hospital

    Margaret Mary Community Hospital

    Single Tenant Office Medical

    Batesville, IN
    Price: $1,701,112
    Size: 9,438 sqft
    Cap Rate: 9.43%

There are additional transactions closed, contact us for more.

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    Summerwood Apartments, the 33-unit property at 365 W. Clemmens Lane in Fallbrook 92028, has been sold for $2.75 million.

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  • Marcus & Millichap Promotes Bove

    Associate VP Heads National Multi-Housing Group in San Diego

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    Real Estate Bisnow: The Deal Sheet

    REO property sold

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    Daily Business Report: Sales Activity

    15-unit Canyon Crest apartment building sold

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  • Commercial Realtors Association of San Diego

    Current Vice President and Board Member

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