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Property profile & analytics
OFF-MARKET
Estimated value
$10,295,000
Apartment buildings
198 Northgate Dr, Manteca, CA 95336-3175
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0285276
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
1985
Construction
WOOD
Total area
71,136 SF
Lot
3.09 ac (134,600 SF)
Zoning code
N
APN
216-330-310-000
UPID
US09-0285276
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Avalon Place Apartments Real Estate Agency Apartment Building
-
Jessicas JANITORIAL Commercial Cleaning Service Service Establishment
-
Kellie's Cleaning Service Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.45M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.30M
Owner & transaction history
Avalon Ocp II LLC · 12 yrs held
Avalon Ocp II LLC
since 2013
7 recorded transactions
Zoning & alternative use
N · Manteca, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Manteca submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manteca submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$14,575,000
6.5%
$13,450,000
7%
$12,490,000
Blend value · Realmo final
$10.30M
Range $9.27M – $11.32M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$145 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$84,082
Tax year 2024
Assessed value
$7,585,524
Assessed 2024
Previous assessed
$7,585,524
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$901,362
Assessed improvement
$6,684,162
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
72
Bathrooms
10
Total area
71,136 SF
Lot
3.09 ac (134,600 SF)
Zoning code
N
APN
216-330-310-000
UPID
US09-0285276
Jurisdiction
SAN JOAQUIN
Zoning & alternative use
N · Manteca, CA
Zoning N · permitted uses
N · Manteca, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manteca. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
72
Bathrooms
10
Lot
3.09 ac
Current owner
From public records · entity-resolved
Avalon Ocp II LLC
Entity
Mailing address
555 CAPITOL MALL STE #995, SACRAMENTO, CA 95814-4606
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2020
—
Avalon Ocp II LLC
—
Deed
related
$7,650,000 · Walker & Dunlop
Sep 27, 2013
—
Avalon Ocp II LLC
Avalon Place LLC
Quit Claim Deed
$4,725,000 · Walker & Dunlop
Apr 26, 2012
—
Avalon Place LLC
Fre 506 LLC
Grant Deed
—
Nov 14, 2011
—
Fre 506 LLC
Olive Park Apartments LLC
Grant Deed
—
Jun 21, 1999
$1,041,363
Olive Park Apartments LLC
Fth Ltd
Grant Deed
related
—
—
—
Olive Park Apartments LLC
—
Deed Of Trust
related
$3,450,000 · Pw Funding INC
—
—
Fth,limited
—
Deed Of Trust
related
$2,225,000 · Pw Funding INC
—
—
Avalon Ocp II LLC
—
Deed Of Trust
related
$7,650,000 · Walker & Dunlop
—
—
Avalon Place LLC
—
Deed Of Trust
related
$3,745,000 · J P Morgan Chase Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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