Sentinel Real Estate has acquired Talavera Apartments, a 293-unit mid-rise multifamily community in Folsom, California, approximately 24 miles east of downtown Sacramento. Completed in 2020, the property expands our presence in the Sacramento market and aligns with our strategy of investing in well-located apartment communities with modern construction, differentiated amenities and access to strong economic drivers.
Among the range of amenities at Talavera Apartments are outdoor lounge areas with fire pits as well as a swimming pool and spa.
Talavera Apartments offers a mix of studio, one- and two-bedroom residences across four buildings. Apartment features include nine-foot ceilings, wood-style flooring, quartz countertops, walk-in and linen closets, double-pane windows, Google Nest thermostats, stainless-steel appliances, smart entry lock systems, full-sized washer/dryers and private balconies or patios.
The community’s amenity package includes a swimming pool and spa, 24-hour fitness center, grilling and picnic area with fire pits, clubhouse and entertainment spaces, catering kitchen, DIY workshop, bike repair shop, dog spa, resident garages, EV charging stations, electronic parcel lockers, storage lockers and valet waste disposal service. Talavera Apartments is also currently the only elevator-served multifamily community in Folsom.
“Talavera Apartments is a continuation of our strategy to invest in properties featuring high-end finishes and upscale amenities situated in premier urban-suburban locations that benefit from strong population growth and positive economic fundamentals,” said Nick Stein, Managing Director of Sentinel. “This property’s modern construction and diverse amenity package are complemented by its location within the sought-after Folsom area which benefits from a top-ranked school district, appealing lifestyle options, and the nearby hub of firms on the cutting edge of healthcare and technology innovation. The area’s affluent population and limited new residential supply will support long-term, durable income and compelling investment returns.”
Located near US-50, the property provides connectivity to downtown Sacramento, El Dorado Hills and Rancho Cordova. It is also positioned near an expanding healthcare and technology employment base, with more than $327 million of additional development underway within two miles of the property that is projected to bring over 4,000 new jobs to the area. Nearby retail destinations include the Palladio luxury lifestyle center and Broadstone Marketplace, which together offer two grocery stores, 50 restaurants and more than 100 retailers and services within a seven-minute walk.
Folsom has been recognized as one of California’s most desirable places to live, including being named the #1 Place to Live in California for 2025-2026 by U.S. News & World Report. The area also benefits from the Folsom Cordova Unified School District, ranked the #1 Best School District in Sacramento County by Niche.com, as well as an active outdoor lifestyle supported by more than 80 miles of paved multi-use biking and walking trails, with an additional 30 miles planned south of US-50.
We have a long-standing presence in the Sacramento area, having historically owned nine properties in the market and continuing to operate two communities there, in addition to Talavera Apartments. Our familiarity with the region’s multifamily fundamentals reinforces our conviction in the long-term appeal of the broader Sacramento market.
The acquisition has received coverage in multiple media outlets:
Sacramento Business Journal
Hoodline (Sacramento)
REBusiness Online
The Registry
RENTV (Real Estate News & Media)
About Sentinel Real Estate
Sentinel Real Estate is a real estate investment manager focused on acquiring and managing institutional-quality multifamily and commercial properties. With decades of experience investing across key U.S. markets, Sentinel seeks opportunities supported by strong market fundamentals and long-term value creation.
See more of Sentinel’s portfolio and learn more about our multifamily assets.
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