1031 exchange ideas

[Mahesh K.]

Folks,

I purchased a cashflow property in a partnership back in 2010 which has performed pretty well (11 cap at purchase and 75% appreciation since purchase).

My partner now wants out (I would prefer to let it ride).  If I had the resources to buy my partner out, I would be looking at a property of about 5.8 cap. 

Another option is to use my capital to 1031 into another property. However, since  the property values in San Diego have appreciated significantly, income properties  are hard to find.   

Any suggestions on other RE investments that my capital can be easily 1031 exchanged into with a  8%+ cap?

Thanks.