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    Goodwin, SD Lake Norden, SD Arlington, SD Clear Lake, SD
    New Apartment Building in Watertown
    Updated: Mar 11
    New Apartment Building in Watertown

    315 E Kemp Ave, Watertown, SD 57201

    Contact for pricing
    95,544 sqft
    Opportunity to acquire a 63‑unit apartment building in a growing city.
    Brand new construction (Year Built: 2025), 90% complete.
    Located in a desirable area of Watertown, South Dakota.
    Proximate to restaurants, gyms, parks, and other community staples.
    Excellent investment opportunity to finish construction and create a new community.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Pelican, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    15-Unit Apartment Building
    15-Unit Apartment Building

    121-123 W 6th Ave, Mitchell, SD 57301

    $1,200,000
    11,280 sqft 0.11 AC lot

    Fully leased multifamily property with refreshed building systems and landlord-paid gas and water.

    View details
    Historic Mixed-Use Building in Mitchell
    Historic Mixed-Use Building in Mitchell

    117 East 3rd Avenue, Mitchell, SD 57301

    $1,375,000
    51,600 sqft

    Mixed-use property with income potential in downtown Mitchell.

    View details
    Two-Building Apartment Community
    Two-Building Apartment Community

    207 and 213 9th Avenue, Madison, MN 56256

    $980,000
    23,968 sqft

    Two-building multifamily property features 24 units with updated interiors, coin-op laundry, and tenant-paid utilities.

    View details
    Multifamily Property in Madison, SD
    Multifamily Property in Madison, SD

    210 Center Street West, Madison, SD 57042

    $2,500,000

    Former high school converted to multifamily with underground parking.

    View details

    Off-Market Properties in Pelican, SD

    Consider similar Off-Market properties in Pelican, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    16 Kemp Ave
    Restaurants

    16 Kemp Ave, Watertown, SD 57201

    Value Estimation by Request
    9,700 sqft
    View details
    315 Kemp Ave
    Individual retail properties

    315 Kemp Ave, Watertown, SD 57201

    Value Estimation by Request
    95,962 sqft
    View details
    1 Kemp And 6 - 8
    Individual retail properties

    1 Kemp And 6 - 8, Watertown, SD 57201

    Value Estimation by Request
    52,642 sqft
    View details

    Pelican, SD Apartment Buildings Market Trends and Statistics

    Explore 4 apartment buildings for sale in Pelican, SD on our real estate platform. These investment opportunities span a total of 95,544 square feet of properties for sale.

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    Demographics Overview

    Population 26K
    Population Growth (5Y) +4.3%
    Median Household Income $64,809
    College Educated 27.5%

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