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Buying & Selling Real Estate
HomeForumsBuying & Selling Real EstateWhy are cap rates so high in Wilkes-Barre, PA?
Scott Taylor's profile image
Scott Taylor's profile image
Scott Taylor
  • Investor
  • from Oakland, CA
  • Member since May 1, 2016
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Scott Taylor's profile image
Scott Taylor's profile image
Scott Taylor
  • Investor
  • from Oakland, CA
  • Member since May 1, 2016
Connect
Scott Taylor
  • Investor
  • Oakland, CA
16
Votes |
54
Posts
Buying & Selling Real Estate

Why are cap rates so high in Wilkes-Barre, PA?

Scott Taylor
  • Investor
  • Oakland, CA
Posted Aug 24 2016, 18:52

Why are cap rates so high in Wilkes-Barre?  

I know the population has been decreasing for a while, but what's going in Wilkes-Barre that's leading to such high cap rates (i.e. sellers willing to sell their properties for really low amounts?)

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