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Oakmont Nabs Natomas Apartments for $92M
San Rafael-based Oakmont Properties acquired Alira Luxury Apartments in Sacramento’s Natomas market for $92.3 million. The seller in the off-market deal was Stockton-based AG Spanos Companies.
Located at 4100 Innovator Dr., the newly constructed community features amenities including a rooftop deck, heated swimming pool and spa, barbecue areas, state-of-the-art fitness center, yoga studio with on demand fitness, hammock garden, gaming room and movie theater. The unit mix is comprised of upscale studio, one-, two- and three-bedroom apartments.
CBRE’s Marc Ross brokered the deal, while CBRE’s Andrew Behrens arranged financing on behalf of the buyer.
Ross says, “Alira welcomed its first residents in May 2020 and experienced remarkable leasing velocity with the property recently surpassing 95% occupancy, signifying the demand for well-amenitized and luxury suburban living.”
Alira is within walking distance of the new Centene office campus and both the 5 and 80 freeways.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Financing
- ◦Sale/Acquisition




