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Multifamily

40 Corte Real, Greenbrae, CA

40 Corte Real, Greenbrae, CA 94904

Listing Price: $5,200,000

Cap Rate
3.55%
Number of Units
9
GRM
18.06
Occupancy
100.0%
Price/Unit
$577,778
Price/Gross SF
$628.02
Gross SF
8,280

Investment Overview

40 Corte Real is a deluxe boutique rental community located Greenbrae. The community is known for its affluence, excellent commutability, and breathtaking views of the San Francisco Bay Area. Residents also have easy access to San Francisco and the Peninsula via Highway 101 and the Golden Gate Bridge, or they can travel to the east via Highway 580 to the Richmond-San Rafael Bridge. The property’s location allows residents to live in a low-density suburban area while being close to major urban employment centers. This carefully designed complex features upscale and spacious one- and two-bedroom floor plans with in-unit working fireplaces. All units have large decks to enjoy the sunshine and scenic mountain views of Mount Tamalpais. In addition, all units have private storage units and private parking spaces (8 covered).

40 Corte Real is a 9-unit complex that offers attractive amenities and an excellent location. It is located on nearly ½ acre parcel. Comprised of six two-bedrooms/one-bath and three one-bedroom/one-bath units, this complex is located close to the Bon Air Greenbrae Shopping Center, which has over 40 restaurants, shops, and services and is anchored by Mollie Stone’s Markets and CVS Pharmacy.

Greenbrae, a vibrant community of nearly 14,000 residents, is renowned for its highly regarded schools, making it a coveted destination for families prioritizing education. Its residents average an annual median household income of $193,338 with single-homes averaging $1,835,000. Whether you’re an avid hiker, a cycling enthusiast, or someone who enjoys a leisurely stroll, Greenbrae’s network of trails and paths offers something for everyone. The stunning Corte Madera Creek, with its peaceful walking paths and opportunities for kayaking, adds to the outdoor lifestyle.

Investment Highlights

  • Excellent Location in Greenbrae Neighborhood Near Transportation, Shopping, Schools and Entertainment
  • All Units Have Fireplaces, Views, Decks or Patios, Private Storage Units, and Abundant Parking
  • Excellent Demographics - Median household income $193,338 with single-homes averaging $1,835,000
  • Complex Features Six Large Two-Bedroom/One-Bath & Three Large One-Bedroom/One-Bath Units
  • Conveniently located on-site laundry facilities with smart phone paying capabilities
  • Dual pane windows and new glass sliders throughout

Exclusively Listed By

Multifamily

40 Corte Real, Greenbrae, CA

Listing Price: $5,200,000

Cap Rate
3.55%
Number of Units
9
GRM
18.06
Occupancy
100.0%
Price/Unit
$577,778
Price/Gross SF
$628.02
Gross SF
8,280

Investment Highlights

  • Excellent Location in Greenbrae Neighborhood Near Transportation, Shopping, Schools and Entertainment
  • All Units Have Fireplaces, Views, Decks or Patios, Private Storage Units, and Abundant Parking
  • Excellent Demographics - Median household income $193,338 with single-homes averaging $1,835,000
  • Complex Features Six Large Two-Bedroom/One-Bath & Three Large One-Bedroom/One-Bath Units
  • Conveniently located on-site laundry facilities with smart phone paying capabilities
  • Dual pane windows and new glass sliders throughout

Investment Overview

40 Corte Real is a deluxe boutique rental community located Greenbrae. The community is known for its affluence, excellent commutability, and breathtaking views of the San Francisco Bay Area. Residents also have easy access to San Francisco and the Peninsula via Highway 101 and the Golden Gate Bridge, or they can travel to the east via Highway 580 to the Richmond-San Rafael Bridge. The property’s location allows residents to live in a low-density suburban area while being close to major urban employment centers. This carefully designed complex features upscale and spacious one- and two-bedroom floor plans with in-unit working fireplaces. All units have large decks to enjoy the sunshine and scenic mountain views of Mount Tamalpais. In addition, all units have private storage units and private parking spaces (8 covered). 40 Corte Real is a 9-unit complex that offers attractive amenities and an excellent location. It is located on nearly ½ acre parcel. Comprised of six two-bedrooms/one-bath and three one-bedroom/one-bath units, this complex is located close to the Bon Air Greenbrae Shopping Center, which has over 40 restaurants, shops, and services and is anchored by Mollie Stone’s Markets and CVS Pharmacy. Greenbrae, a vibrant community of nearly 14,000 residents, is renowned for its highly regarded schools, making it a coveted destination for families prioritizing education. Its residents average an annual median household income of $193,338 with single-homes averaging $1,835,000. Whether you’re an avid hiker, a cycling enthusiast, or someone who enjoys a leisurely stroll, Greenbrae’s network of trails and paths offers something for everyone. The stunning Corte Madera Creek, with its peaceful walking paths and opportunities for kayaking, adds to the outdoor lifestyle.

Exclusively Listed By

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