“This was an excellent opportunity for a private investor to complete a 1031 exchange and purchase a value-add duplex in a demographically sound community of Crystal River, FL. The slight value-add component allows for the buyer to integrate additional upgrades and rent-roll increases and the sale allows for the seller to participate in additional investments”, notes Nicholas Schipano, associate.
Blue Peak Realty will also manage the property. Clear Title Partners facilitated the closing.
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About Blue Peak Realty:
Blue Peak Realty serves as the retail branch of an otherwise commercially-focused investment brand, anchored by WC Equity Group.
WC Equity Group maintains a solid presence in contributing to expert panel discussions, research & analysis, real estate education, press consult, and general market updates. Our investment insight permits us to provide clear and transparent metrics, thereby allowing our clients to make informed and intelligent decisions.