182 Unit / 235 BED STUDENT HOUSING PROPERTY AT IOWA STATE UNIVERSITY. CONVERTED TO PURE STUDENT HOUSING IN 2015-16. WITHIN WALKING DISTANCE TO DOWNTOWN AMES ON THE CYRIDE BUS ROUTE. ASSUMABLE FINANCING WITH 3 YEARS OF INTEREST ONLY REMAINING.

South Meadow is a 182 Unit / 235 Bed student housing property at Iowa State University in Ames, Iowa. The four apartment buildings were built in 1973 and are located 1.3 miles southeast of campus. South Meadow is a continued add value opportunity at the fastest growing public university in the Midwest.

IOWA STATE UNIVERSITY

  • Total enrollment at Iowa State University in the fall of 2016 was a school record 36,660 - an annual increase of 1.83% (659 students). Over the past decade enrollment has surged, growing by an average of 1,050 students each academic year.
  • Money Magazine named Iowa State the best college value in the state. Value Colleges ranked ISU’s graduate school as the #5 best value, and its criminal justice program #9 nationally in its 2017 edition.
  • Iowa State’s academic offerings are administered through eight colleges that offer 108 bachelor’s, 112 master’s, and 81 Ph.D. degree programs. ISU also offers a professional degree program in veterinary medicine.
  • Iowa State is a member of the Big 12 Conference and competes in Division I of the NCAA in the 18 varsity squads it fields. ISU’s student athletes are known as the Cyclones. Recently the men’s basketball program has experienced a great deal of success, earning a spot in the NCAA Tournament each of the past 5 seasons, advancing to the Sweet 16 in 2014 and 2016.

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South Meadow

Iowa State University

Price  //  Subject to Market

Units  //  182

Beds  //  235

Square Ft.  //  118,156

Site  //  6.99

Year Built  //  1973