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Stritzel Portfolio 1 Multifamily Properties Offered at $6,612,903 in Ames, IA
INVESTMENT HIGHLIGHTS
- Great walkable location near the campus of Iowa State Uiversity
EXECUTIVE SUMMARY
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.
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.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $6,612,903 | Number of Properties | 2 |
| Price / SF | $178.73 / SF | Individually For Sale | 0 |
| Cap Rate | 6.20% | Total Building Size | 37,000 SF |
| Sale Type | Investment | Total Land Area | 0.05 AC |
| Status | Active |
| Price | $6,612,903 |
| Price / SF | $178.73 / SF |
| Cap Rate | 6.20% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 37,000 SF |
| Total Land Area | 0.05 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
The Stritz
412 Welch Ave, Ames, IA 50014 |
Multifamily | 37,000 SF | 2012 | - |
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