Selling Property in Rundown Area - How's the market?

[Diane Tycangco]

Hello Everyone!  I am an agent selling my own 7 unit property in Fresno for $750k.  The cash flow is good but people have complained either it was too old, or bad area.  The area itself is not crime-ridden but my neighbors' properties are rundown.   Admittedly, if someone put down 25%, they might not cashflow but, other properties are priced similarly or much higher.  Some agents told me it's because rates are high and people are not willing to sell their properties with the lower interest rate or people are waiting for rates to come down or waiting for the outcome of the election or economy is bad.  What do you guys think?

Any tips on what I can do to sell this property?

Thanks!