Condo Investment Properties for Sale in Greenwood, ME
99- 2 Bed
- 2 Bath
- 1071 sft
188- 2 Bed
- 2 Bath
- 1071 sft
494- 1 Bed
- 1 Bath
- 760 sft
122- 5 Bed
- 1 Bath
- 1116 sft
-- 3 Bed
- 2 Bath
- 1770 sft
402- 6 Bed
- 2 Bath
- 2744 sft
152- 1 Bed
- - Bath
- 640 sft
- 3 Bed
- 2 Bath
- 1008 sft
- 2 Bed
- 2 Bath
- 924 sft
165- 3 Bed
- 2 Bath
- 1136 sft
162- 3 Bed
- 1 Bath
- 1134 sft
- 3 Bed
- 2 Bath
- 1568 sft
159- - Bed
- 1 Bath
- 660 sft
162- 2 Bed
- 1 Bath
- - sft
127- 1 Bed
- 1 Bath
- 416 sft
- 2 Bed
- 1 Bath
- 784 sft
132- 4 Bed
- 6 Bath
- 1232 sft
142- 3 Bed
- 3 Bath
- 2010 sft
139- 1 Bed
- 1 Bath
- 800 sft
163- - Bed
- 1 Bath
- 338 sft
137- 2 Bed
- 1 Bath
- 800 sft
123- 3 Bed
- 1 Bath
- 1600 sft
209- 3 Bed
- 2 Bath
- 1040 sft
130- 3 Bed
- 1 Bath
- 1102 sft
171- 2 Bed
- 1 Bath
- 1057 sft
170- 2 Bed
- 1 Bath
- 662 sft
146- 1 Bed
- - Bath
- 320 sft
Why Invest in Greenwood, Maine?
Investing in condos in Greenwood, ME offers attractive opportunities for real estate investors focusing on residential property types. The area features a solid average rental yield around 6%, a cap rate near 5%, and an average cash flow estimated at $350 monthly per unit. Appreciation trends are stable at approximately 3.5% yearly, supported by a renter-occupied rate surpassing 55%. These metrics indicate a healthy market for condo investments with moderate income potential.
Frequently Asked Questions
Greenwood offers reasonable cap rates around 5%, stable rental yields, and moderate appreciation, making it a compelling market. Additionally, strong demand driven by students and local employment supports steady cash flow.
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