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315 E Kemp Ave, Watertown, SD 57201
63-unit apartment building, 90% complete, in Watertown, South Dakota.
Property Size95,544 SF
Days on Market154
Property Features for 315 E Kemp Ave
General Information
Standard status
Active
Size
95,544 SF
Class
A
Total Parking Spaces
64
Property subtype
Multifamily
Zoning
C1 - Community Commercial
Building Details
Year Built
2025
Buildings
1
Stories
5
Units
63
Listing Agency:
NAI Sioux Falls
(605) 261-2777
Listed By:
Marcus Benson · License #21232
Source:
Crexi
Added: Mar 11
Changed: Aug 8
Last Checked: Aug 9 at 6:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Sioux Falls
Investment Insights
Based on property information with market context.
This property, subject to a bankruptcy sale, is a new construction apartment building located in Watertown, South Dakota. The building comprises 63 apartments and is approximately 90% complete. The property's location offers proximity to local and national restaurant chains, gyms, parks, and other community amenities. This presents an opportunity for an investor to complete construction and establish a new residential community within a growing city. The property size is 95544 square feet.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
839
Businesses Nearby
Explore this area
Business Placement
Demographics for 57201, SD
26,091
Population
12,304
Households
2.1
Avg Household Size
39
Median Age
21%
College-Educated
92%
High-School Grad
319.1 sq mi
ZIP Area
82
Density / Sq Mi
$64,809
Median Household Income
$40,840
Median Earnings
$903
Median Rent
$223,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 63-unit apartment building, 90% complete, in Watertown, South Dakota.
Where is this apartment building located?
The property is located at 315 E Kemp Ave Watertown, SD.
What are key features of this property?
This property features: 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.
