950 N Cliff Ave Sioux Falls, SD 57103
For Sale
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Hidden Hills Apartments is a modern, Class B, garden-style multifamily community located at 950, 960, and 970 N Cliff Avenue in Sioux Falls, South Dakota. The property consists of 179 one-, two-, and three-bedroom units across three three-story residential buildings, situated on approximately 11.26 acres. Originally developed in 2016, Hidden Hills offers contemporary construction, efficient layouts, and strong appeal to Sioux Falls’ growing renter base. The community features well-designed units with modern finishes and is supported by a combination of surface parking and detached garages, providing additional income and convenience for residents. Hidden Hills benefits from its proximity to major employment centers, retail, healthcare, and recreational amenities, while still offering a quiet, residential setting. As of December 1, 2025, the property is 91.6% occupied and operates with strong in-place cash flow. With newer construction, a favorable expense profile, and zoning that supports continued multifamily use, Hidden Hills is positioned as a durable long-term hold or core-plus investment in one of the Midwest’s strongest rental markets. Hidden Hills may be acquired individually or as part of a larger 716-unit multifamily portfolio, providing flexibility for both standalone investors and groups seeking immediate scale in Sioux Falls.
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Hidden Hills Apartments Apartment Complex Apartment Building
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.