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Newly Constructed, 63-Unit Apartment Complex

Market Price

315 E Kemp Ave, Watertown, SD 57201

Active
Last Updated: 03/11/2026

95,544 sqft

Building Size

0.84 acres

Lot Area

Details:
Building Size:    95,544 sqft
Lot Area:    0.84 acres
Units:    63
Year Built:    2025
Highlights:
  • The building will be in excellent condition.
  • It is located in a desirable neighborhood in the community
Description:

The Ruins is brand new construction offering 63 apartments in a desirable area of Watertown, South Dakota. Sitting at 90% complete, the property was built with lifestyle options in mind, as it is proximate to local and national restaurant chains, local gyms, parks and other community staples. This is an excellent oppotunity for an investor to acquire this asset, finish construction and create a new flourishing community in a growing city.

Located in a desirable neighborhood of Watertown with easy access to US Highway 212, Route 81, and just four miles from Watertown Regional Airport, with nearby retail, restaurants, fitness centers, and cultural amenities.

Map:
Documents:
Title
Brochure_-_Watertown__SD_-_Multifamily_Building.pdf
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Location
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