1031 Exchange Completed

1031 Exchange Completed

20 Nov 2013

Ben Hines and Andy Hayes facilitated a sale between J.C. Faw, the Seller, and 2 out of state investors, Sparta Land Holdings LLC, as the Purchaser.

The sale consisted of 3.84 Acres of land located at the pin quadrant intersection of Interstate 85 and Highway 9. This property is ideal for hotel, convenient store, restaurant, or retail space. The investors were able to grab this great deal for $500,000.00 and used it as part of a 1031 tax deferred exchange.

Are you wanting to use your investment wisely in a 1031 Exchange, but need help finding the right property? If so, Ben Hines and Andy Hayes are able to help you facilitate this properly. Contact our office today to get started at (864) 583-1001.

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  • Spartanburg

    Spencer/Hines Properties
    380 South Pine Street
    Spartanburg, SC 29302
    864.583.1001
    864.585.6188
  • Greenville

    Spencer/Hines Properties
    500 E. North Street, Suite F
    Greenville, SC 29601
    864.991.8077
    864.585.6188
  • Spartanburg

    Property Management Division
    347 E. Blackstock Road, Unit B
    Spartanburg, SC 29301
    864-573-7273