Just Closed | Commercial Building | 8525 US Highway 441, Leesburg FL 34788

to my Customer on the purchase & closing of their new multi-unit commercial building in Leesburg, Florida. This was a fantastic investment on a 100% occupied building & delivering an amazing ROI with an 8.6% Cap Rate. Located on busy US Highway 441 directly across the street from the Leesburg International Airport, the property also had many recent capital improvements including a new roof, windows and fencing.

We were able to utilize a 1031 Exchange which is a fantastic way to minimize your tax liability when selling/buying any investment property. Basically, under the Internal Revenue Code, Section 1031, any Seller of an investment property is allowed the opportunity to avoid paying capital gains tax when they sell an investment real estate property, then reinvest the profits into another similar property within a certain period of time.

If you or anyone you know is looking to sell/purchase a commercial or investment property and would like to learn more about the 1031 Exchange advantages, please contact Joe Bornstein, Broker, Rock Springs Realty at Cell# 407-252-8092, joe@rockspringsrealty.com and I'd be happy to assist.

"It's All About The Results"