The Chateau Apartments 500 Vía Hidalgo 8 Unit Apartment Building $5,222,297 CAD ($652,787 CAD/Unit) 4.78% Cap Rate Greenbrae, CA 94904

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.