605 W 81st St, Sioux Falls, SD 57108

Garden Villas is a 78-unit, Class B, garden-style multifamily community located in a desirable south Sioux Falls corridor on W 81st Street. Built in 2017, the property consists of three three-story residential buildings with detached garage structures, offering modern construction, efficient layouts, and strong renter appeal in one of the region’s most stable rental markets.

The community features a mix of one- and two-bedroom apartments with an average unit size of approximately 815 square feet, supported by ample parking including surface spaces and garage stalls. Garden Villas benefits from proximity to major retail corridors, employment centers, healthcare, and recreational amenities, while maintaining a quiet residential setting.

As of December 1, 2025, the property is 93.6% occupied and operates with strong in-place cash flow and a favorable operating profile. With its newer vintage, durable construction, and continued demand for Class B rental housing, Garden Villas is well positioned as a long-term hold or core-plus investment.

Garden Villas may be acquired individually or as part of a larger 716-unit multifamily portfolio, providing flexibility for investors seeking either a standalone acquisition or immediate scale within the Sioux Falls market.