Income properties get outsiders' attention

Duffett, Claire
February 2005
Business Journal (Central New York);2/11/2005, Vol. 19 Issue 6, p1
Reports that real-estate investors are looking to Syracuse for lucrative income properties and are finding bargains. Factors that get the investors attention to Syracuse; Decrease of the capitalization rate in the Syracuse area by about two points from 2000, as higher demand for real estate in this area continued to boost prices; Indication that high demand is beginning to boost real-estate prices in the area.


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