Taylor's Place
Multifamily | 248 Units | $125,000/unit
Marketing description
Taylor’s Place Apartments is a large-scale, garden-style multifamily community located at 4213 E 12th Street in Sioux Falls, South Dakota. The property consists of 248 one- and two-bedroom units across 17 residential buildings, situated on approximately 9.5 acres in an established residential corridor. Originally constructed in 1973, the asset features a mix of two- and three-story buildings and is positioned as a Class C workforce housing community with durable construction and consistent long-term demand.
Taylor’s Place offers residents convenient access to major employment centers, healthcare, retail, and primary arterial roadways, supporting strong rental demand in one of the Midwest’s most resilient markets. The property includes a combination of surface parking and detached garage stalls, providing ample parking for residents and guests.
The community is currently 91.1% occupied as of December 1, 2025, and operates with in-place cash flow. Zoning supports continued multifamily use without restriction. Taylor’s Place may be acquired individually or as part of a larger 716-unit multifamily portfolio, offering flexibility for both standalone investors and groups seeking immediate scale within the Sioux Falls market.
Investment highlights
248-unit Class C, garden-style apartment community
Constructed in 1973 across 17 residential buildings
Mix of two- and three-story construction on 9.51 acres
203,200 SF of net rentable area (240,986 SF gross)
91.1% occupied as of December 1, 2025
Ample parking with 455 total spaces (surface + detached garages)
Zoned RA-1 / RA-2 allowing continued multifamily use
Located within an established Sioux Falls residential corridor
Offered individually or as part of a 716-unit multifamily portfolio
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