After a very labored decision process, CSQ decided to close down the Eton house. A replacement home was found for each of the women and kids at the home. The house was sold and proceeds were used via a 1031 Exchange to purchase two properties in St. Petersburg, FL with our newest partner, . More info on KOR Financial in another newsletter and video.
The two properties are actually only a block from each other, and two blocks from the beach.
3015 56th St.
- The purchase price, $625,000
- Built-in 1939 with additional units in 1972
- 6 units total, 4 will be converted to short-term rental
2930 Beach Blvd
- Purchase price, $1,000,000
- Built in 1920 and 1977
- 5 units plus 4.7 star rated restaurant in front
- 3 units will be converted to short-term rental