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Villa del Oro - Stockton, CA

SS_VillaDelOro_1536x1040

171 units

For many years, The Villa del Oro Apartments (formerly known as The Adobe Hacienda) had a bad reputation within the Stockton community. It was poorly managed, poorly maintained, and a notorious site for crime. A local, well-known affordable housing company acquired the site and asked us to assist them i n locating a new owner. Due to the property’s size and upside potential, our team designed an extensive marketing plan, targeting buyers on a national level. Our aggressive marketing campaign reached out to multiple levels; local owners, national apartment REITs, national apartment brokers, outside marketing platforms, etc. Our team set up two separate property tour dates for all interested buyers to attend. The tours allowed prospective buyers to enter multiple units, walk the entire premises, meet the on-site management team and engage brokers, managers and current owners with questions. A “call for offers” date was set, and many outstanding offers were received. It came down to two aggressive all cash offers. The accepted offer closed within 7 days after acceptance.

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Adam Lucatello

Senior Vice President

Stockton

I am a Senior Vice President with Colliers International and specialize in acquisition and disposition of investment properties.  I am a member of the Colliers NNN Group, a national acquisition and disposition group focusing on single tenant, net-leased investments throughout the United States.  I am also a member of the Colliers Multi-Family Investment Services Group that provides comprehensive services for the acquisition and disposition of multi-family investments.

I began my commercial real estate career at Marcus & Millichap’s founding office in Palo Alto, California.  After a seven year tenor at Marcus & Millichap, I relocated to California's Central Valley and joined Colliers International continuing my specialization in investment sales.

I currently reside in the Central Valley’s rural countryside. I spend much of my spare time in the outdoors. I am to my wife of many years and enjoy spending time with our three children (triplets).

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Andy Hodgson

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Andy is a Senior Vice President for Colliers’ Northern California Central Valley Investment Team.  Andy specializes in the disposition and acquisition of multifamily investment properties throughout the Central Valley.

Andy’s core focus is providing his clients with in depth, up to date, market knowledge, detailed & accurate underwriting, and a comprehensive marketing program that allows clients to leverage Colliers global real estate platform in efforts to assist with the disposition of their real estate assets.  Since joining Colliers, Andy has been directly involved in over 400 transactions, totaling over $700 Million in transactional value. 

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