Selling a portfolio

[Khaled El Dorry]

I have a portfolio of 3 SFH's (2 in Jax and 1 in ocala) and 1 duplex in port charlotte (never flooded or damaged due to hurricanes) that have done very well for me. I'm looking to bundle them and 1031 exchange them into a larger property. Does anyone have experience with that kind of transaction? Oldest is 7+ years old and newest property is 4 years old.

[Adam Bartomeo]

These properties are VERY far apart, and it will be difficult to find one buyer for all of them unless you are taking a big discount. I have buyers for the Port Charlotte, a couple that might be interested in Jacksonville, but definitely none in Ocala. And, none of them would want to be in all 3 cities unless it is a fantastic deal.