Maroa is a busy street in Fresno. Sale comps are around $130sf at best. A safe ARV would be low $300's. A good acquisition price would be around 180-220K.
Also part of the listed square footage is possibly an addition.... permitted?
Maroa is a busy street in Fresno. Sale comps are around $130sf at best. A safe ARV would be low $300's. A good acquisition price would be around 180-220K.
Also part of the listed square footage is possibly an addition.... permitted?
I would have to agree. The list price is ok, but ARV is greatly over estimated. I've look at property on that street for my own home purchase before deciding to become a real estate investor, so I'm fully aware. If it had a pool you may get $310-320 for it in todays market with some fluff upgrades.