Fireside 16 2809-2815 H St 16 Unit Apartment Building $3,600,000 ($225,000/Unit) 4.71% Cap Rate Sacramento, CA 95816

The DeLoney Group of Marcus & Millichap is pleased to present the exclusive opportunity to acquire Fireside 16, a well-maintained 16-unit garden-style apartment community located at 2809–2815 H Street in Midtown Sacramento, California.
Originally constructed in 1972, Fireside 16 has been owned and operated by the same ownership for the past 28 years, reflecting nearly three decades of consistent stewardship and pride of ownership. In recent years, the property has undergone interior upgrades, with select units featuring granite countertops, stainless steel appliances, and luxury vinyl plank (LVP) flooring, helping maintain strong tenant appeal while still offering additional renovation upside for a future owner.
The apartment homes feature central HVAC, a highly desirable amenity for renters in Sacramento’s hot summer climate. The property also offers ample off-street parking, a valuable convenience in the highly walkable Midtown neighborhood. Fireside 16 is pedestrian gated, and residents are greeted by lush landscaping, creating a private residential setting while still benefiting from its urban location.
Residents enjoy immediate proximity to some of Sacramento’s most desirable neighborhood amenities, including Sutter Medical Center Sacramento and the renowned McKinley Park, both within walking distance of the property. Additionally, the property is positioned near Midtown’s vibrant dining, retail, and entertainment corridors along J Street, H Street, and Alhambra Boulevard, while remaining just minutes from Downtown Sacramento, the State Capitol, DOCO, and major employment centers.
With its strong Midtown location, long-term ownership history, and attractive property amenities, Fireside 16 represents a rare opportunity to acquire a stable, well-located multifamily asset in one of Sacramento’s most desirable urban neighborhoods.