500 Vía Hidalgo - Apartments FOR SALE


Greenbrae, CA 94904
$3,775,000 USD
415-747-2150
500 Vía Hidalgo, Greenbrae, CA for Sale
$3,775,000 USD
Apartments - FOR SALE
1/23
null | 4.78% Cap Rate

500 Vía Hidalgo
Greenbrae, CA 94904


HIGHLIGHTS

  • Excellent Marin County Location
  • Full Interior Remodels
  • New Roof
  • Updated Electrical Panels & Copper Plumbing (seven of eight units)
  • On-Site Laundry & Tenant Storage
  • Carport Parking

OVERVIEW

This exceptional 8-unit apartment complex is ideally located in the highly sought-after community of Greenbrae, CA. Each of the eight (8) recently upgraded units features a 2-bedroom, 1-bath layout, appealing to a wide range of tenants seeking quality housing in a coveted central Marin location. Over the last three years, significant capital improvements have been completed, including full interior remodels of all units, a new roof on both the building and carports, updated electrical panels and copper plumbing in seven of eight units, and a newly paved driveway. The main electrical service to the property has also been upgraded, offering long-term operational stability and reduced maintenance for years to come. Tenants enjoy on-site coin-operated laundry, individual storage units, and dedicated carport parking. The property’s prime location provides convenient access to the Bon Air Shopping Center, MarinHealth Medical Center, Bay Club Ross Valley, top-rated schools, and major transportation corridors. This fully stabilized asset offers strong in-place rents and represents a rare opportunity to acquire a turnkey multifamily investment in one of the most coveted Bay Area submarkets. Whether you’re a seasoned investor seeking a trophy asset or looking to diversify your portfolio with quality real estate in a blue-chip location, this property checks all the boxes.

FOR SALE DETAILS

PRICE

$3,775,000 USD

PRICE/SF

$690 USD /SF

# OF UNITS

8

PRICE/UNIT

$471,875

CAP RATE

4.78%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Chateau Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,538 SF

ZONING

Multifamily

APN/PARCEL ID

022-024-02

ASK ABOUT THIS PROPERTY

Steven LevelBerkshire Hathaway Drysdale PropertiesMore Info
415-747-2150

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Steven LevelBerkshire Hathaway Drysdale PropertiesMore Info
415-747-2150

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.