150 Gateway Ct - Apartments FOR SALE


Stockton, CA 95207- Weberstown/Kentfield
$4,635,000 USD
209-401-9085
150 Gateway Ct, Stockton, CA for Sale
$4,635,000 USD
Apartments - FOR SALE
1/9
null | 7.1% Cap Rate

150 Gateway Ct
Stockton, CA 95207
Weberstown/Kentfield


HIGHLIGHTS

  • Prime North Stockton Location – Minutes from major retail, employment hubs, and top colleges and universities.
  • Desirable Unit Mix – All spacious 2- and 3-bedroom units across 6 unique floor plans.
  • Strong Financials – Over $40,000 in monthly gross income with an attractive 7.10% in-place cap rate.
  • Extensive Renovations – 26 of 31 units upgraded with modern kitchens, flooring, & appliances.
  • Appealing Tenant Amenities – Gated parking, secure entries, onsite laundry, and generous common areas.

OVERVIEW

Colliers Central Valley Investment Team is pleased to present The Gateway Apartments, a 31-unit multifamily asset located at 150 Gateway Court in North Stockton. This well-positioned property offers a strong investment opportunity in a high-demand area just minutes from major retail centers, employment hubs, and top colleges. The unit mix consists entirely of spacious 2- and 3-bedroom layouts across six unique floor plans, complemented by gated parking, secure entries, onsite laundry, and generous common areas. The Gateway Apartments generate over $40,000 in monthly gross income and offer a solid in-place cap rate of 7.10%. Extensive renovations have been completed in 26 of the 31 units, featuring modern kitchens, updated flooring, and new appliances. With strong cash flow, quality improvements, and a prime North Stockton location, this asset is well-positioned for continued performance and long-term value. 1% procuring broker fee.

FOR SALE DETAILS

PRICE

$4,635,000 USD

PRICE/SF

$180 USD /SF

# OF UNITS

31

PRICE/UNIT

$149,516

CAP RATE

7.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Gateway Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

R-3, Stockton

APN/PARCEL ID

104-100-11

ASK ABOUT THIS PROPERTY

Andy HodgsonColliersMore Info
209-401-9085

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Andy HodgsonColliersMore Info
209-401-9085

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