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Oakmont Properties Acquires Multifamily Property In Natomas For $92.3M

Property Image
SOLD
$92,300,000

California

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MultiFamily5,711,338 SF
Sold 12/07/2020
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Property Image
SOLD

Oakmont Properties Acquires Multifamily Property In Natomas For $92.3M

4100 Innovator Drive, Natomas Crossing, Sacramento, CA, USA

See Similar Deals
MultiFamily5,711,338 SF
Sold 12/07/2020
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$16
Total Square Footage:5,711,338 SF
Transaction Type:Sale

The multifamily property located at 4100 Innovator Dr. in Natomas has been sold for a total of $92,300,000. The transaction took place on December 7, 2020. The property consists of 293 units, resulting in a per unit price of $315,017. The buyer of the property is Oakmont Properties, while AG Spanos Companies acted as the seller. The sale was facilitated by CBRE, with Marc Ross representing the buyer and seller.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $92,300,000
  • Units: 293
  • Per Unit Price: $315,017
  • Date: December 7, 2020
  • Address: 4100 Innovator Dr.
  • Market: Natomas

Marc Ross from CBRE played a significant role in facilitating the sale of this multifamily property. With his assistance, Oakmont Properties successfully acquired the property from AG Spanos Companies.

Players

Marc Ross
CBRE
Marc Ross
13 deals$828.9M volume(916) 446-8785
BROKER
OP
Oakmont Properties
BUYER

Details

SOLD
IMAGE: Marc Ross DATE: 12/07/2020 ADDRESS: 4100 Innovator Dr. MARKET: Natomas ASSET TYPE: Multifamily BUYER: Oakmont Properties SELLER: AG Spanos Companies BROKER: CBRE - Marc Ross PRICE: $92,300,000 UNITS: 293 ~ PPU: $315,017

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