AG Spanos sells new Natomas apartments for $92 million

by Placerville Newswire / Dec 10, 2020 / comments

[Ben van der Meer  – Staff Writer, Sacramento Business Journal - Dec 10, 2020, 1:43pm PST]

For the third time in as many years, Oakmont Properties has acquired an apartment property from AG Spanos Cos.

Oakmont paid $92.3 million ... per-unit price is about $315,000 for a 293-unit project.

... third transaction in as many years ... 

AG Spanos continues to have active projects locally, with a 214-unit project in El Dorado Hills planned for completion in mid-2021...