TSB Realty has been engaged by ownership to sell Campustown, a 455-unit, 1,216-bed scattered site student housing community located on the south side of Iowa State University’s campus in Ames, Iowa. Campustown is one of the few privately owned off-campus student housing communities that services ISU.
Campustown is composed of 22 buildings that are all within a quarter-mile footprint on the south side of ISU’s campus. The closest building, 116 Welch Ave, is less than a tenth of a mile to campus and the furthest building, 2323 Knapp St, is about two tenths of a mile to campus.
Campustown’s premier building at 127 Stanton, nicknamed “The Resort,” hosts the majority of the property’s amenities, including the resort-style pool and hot tub, state-of-the-art fitness center with separate cardio room, sauna, barbecue grill area, and sun deck. Each apartment features either stainless steel or black appliances, stone or laminate countertops and hardwood style flooring.