Rolling multiple investment properties into a 1031

[David Choe]

Hi everyone, BP newb here. 

Sorry if this has already been asked, but I'm curious if it's possible to roll multiple investment properties into a single 1031 exchange, given that the new property is valued at higher than the total of all the other properties. 

For example, if I sell 3 properties worth $100,000 each ($300,000 total) and then purchase a $500,000 property as a 1031.

Thanks!