Sioux Falls Commercial Real Estate

Multi-Family

Under Contract

Plum Creek Apartments

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1600 1st Avenue NE
Watertown, SD

Space Available: 24 Units

For Sale: $840,000

Property Description

  • Three One-bedroom units and twenty-one two-bedroom units.
  • Rental subsidy. USDA Section 515 (Rural Development).
  • Property Management in place.
  • Off-street parking.
  • Separately metered utilities.
  • Through the wall air conditioning.
  • Electric baseboard heat.
  • Landlord pays water, sewer & garbage.
  • Playground.
  • Laundry facilities available in each building.
  • Located only 4 blocks from Wal-mart and in walking distances to Lake Area Technical Institute and Watertown High School.
  • Watertown is located along I-29 and US Hwy 212 and has a population of over 25,000.
  • Financials will be provided to qualified buyers upon request.

Brokers

Jeff Brooks

Jeff joins NAI Sioux Falls after acquiring experience in the banking, sales and property management fields. Most recently, Jeff worked as a Regional Property Manager for a large property management company located in Sioux Falls, SD.