Sacramento, Calif.-based Oakmont Properties has purchased Fusion 355, an apartment property located at 355 Eldorado Blvd. in Broomfield’s Interlocken neighborhood. Stockton, Calif.-based AG Spanos sold the asset for $90 million.
Built in 2019, the community consists of a mix of upscale apartments and townhome-style units. Ammenities include 24-hour fitness center, yoga studio, dog park, media and game rooms, heated pool with spa and Baja deck, community garden, 400 parking spaces, and private garages.
“The sale of Fusion 355 is an example of the continued trend of investment capital migrating to Denver from coastal markets in search of slightly higher yields and a stable political and tax environment,” said Dan Woodward, executive vice president, CBRE. “The buyer was familiar with the high-quality of AG Spanos’ developments in other markets. The sale was truly a win-win for buyer and seller.”
