- Two student housing assets located in Ames, Iowa, less than 0.25 miles from Iowa State University
- The Stritz: Attractive prairie style building offering a mix of unit types located on Welch Ave just a few short blocks south of Lincoln Way
- 316 Hayward: Modern 2-bedroom, 2.5-bath units totaling ~1,173 SF, built in 2017 with private garages and upscale interiors, also steps from Lincoln Way
- Family managed portfolio with established occupancy history and operational consistency
- Desirable, walkable location near campus, local businesses, bars, and public transit
Stritzel Apartments
Triad Real Estate Partners is pleased to offer for sale The Stritz & 316 Hayward, two well-located student housing assets serving Iowa State University in Ames, Iowa.
This boutique 2-property portfolio consists of a total of 33 units / 90 beds, offering a unique blend of classic, well-maintained multifamily housing and newer, modern construction. The Stritz, a collection of charming, highly walkable units in the heart of Campustown, is a well-known name among Iowa State students. 316 Hayward, built in 2017, represents the portfolio’s modern complement, offering upscale two-bedroom, 2.5-bath townhome-style living with private garages, in-unit laundry, and high-end finishes.
Both assets are ideally located within walking distance to Iowa State University (enrollment 31,105), offering a stable, student-driven rental base. The offering presents investors with a rare opportunity to acquire student housing real estate in a growing, high-demand Big 12 university market.
Iowa State University is a public land-grant institution with approximately 31,105 enrolled students. Founded in 1858, it is located in Ames, Iowa, which is part of the Des Moines-Ames metropolitan statistical area, boasting a population of around 750,000. The university is consistently ranked among the top public universities in the Midwest by U.S. News and plays a pivotal role in the Ames economy, contributing to a steady demand for rental housing in the area.