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Updated about 8 years ago on . Most recent reply

Diane G.'s profile image
Diane G.'s profile image
Diane G.
  • from CA
  • Member since Dec 24, 2016

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Diane G.'s profile image
Diane G.'s profile image
Diane G.
  • from CA
  • Member since Dec 24, 2016
Diane G.
  • CA
1,059
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1,320
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Buying & Selling Real Estate

Is Fresno all war zone

Diane G.
  • CA
Posted
Just noticed some listing on loopnet at 8 to 9 cap... Building looks ok from the outside...Even Phoenix war zones are asking 6 cap... Is Fresno really that bad?
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Chris Williams's profile image
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Chris Williams
  • from Fresno, CA
  • Member since Aug 27, 2009

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Chris Williams's profile image
Chris Williams's profile image
Chris Williams
  • from Fresno, CA
  • Member since Aug 27, 2009
Chris Williams
  • Fresno, CA
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Chris Williams
  • Fresno, CA
Replied

Lol! No, Fresno is definitely not mostly war zone. Maybe 10%, if that. Probably much less.

However, you will find that a good portion of older multi-units are concentrated in lower-end areas of town.

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