Two New Single-Family Rental Communities in Phoenix Added to Mark-Taylor Residential’s Luxury Portfolio

Scottsdale, Ariz.— February 9, 2023 – Located in Phoenix’s most sought-after suburbs, Banyan at South Mountain and Banyan Preserve are filling the space between renting and owning for many in the metro area. Mark-Taylor Residential, the leading developer, owner and investment manager of multifamily communities in the Southwest, welcomes two upscale single-family rental communities to their expansive management portfolio.

Owned by Banyan Residential, these family- and pet-friendly communities offer a lock-and-leave, maintenance-free resort-style environment featuring all the perks of traditional multifamily housing. Designed for effortless suburban living – Banyan at South Mountain and Banyan Preserve offer three- and four-bedroom floor plans with amenity-rich spaces that create elevated living experiences.

“Banyan at South Mountain and Banyan Preserve, meet the need of many looking for luxury home living without the risk and responsibility of home ownership,” said Natalie Jones, Managing Director of Multifamily Investments at Mark-Taylor Residential.

Recently acquired by Banyan Residential, Banyan at South Mountain brings a new, luxe living destination to the Valley. Made up of 72 luxury single-family rental homes, these modern living spaces are enhanced with SMART technology which creates a favorable balance of convenience and privacy.

Banyan at South Mountain, located at 1540 E. Burgess Lane, is just west of 16th Street and south of Broadway Road. Near South Mountain Park and Sky Harbor International Airport. This private, gated community is comprised of spacious three- and four-bedroom detached homes. Residents can enjoy fenced-in backyards, gourmet kitchens and attached two-car garages.

Sister community, Banyan Preserve, is Mark-Taylor Residential’s second asset in partnership with Banyan Residential. Located at 1220 E. Baseline Road, Banyan Preserve’s 38 luxury homes infuse exceptional living with the modern touches just 20 minutes from downtown Phoenix, where local conveniences are all within reach of this peaceful suburban community.

Maximizing space and privacy, the Banyan Reserve detached homes offer one- and two-story floor plans, kitchen pantries, private backyards and car garages. With open-concept floor plans, hardwood-style flooring and 9-foot ceilings, Banyan Preserve marries function and aesthetics.

At Banyan at South Mountain and Banyan Preserve, residents can experience the same amenities and high-quality apartment living, while having the space and privacy of a home. For more information about Banyan at South Mountain and Banyan Preserve, visit www.mark-taylor.com/apartments/az/phoenix/banyan-at-south-mountain or www.mark-taylor.com/apartments/az/phoenix/banyan-preserve.