• Discounted Rents to Product in the Submarket
Campustown is one of only four off-campus student housing communities in the Campustown submarket and it rents at a significant discount compared to the other three. Students who are looking for institutionally managed off-campus housing pedestrian to the academic sector of campus for lower rental rates only have Campustown consider. The Foundry, BlockOne and Union on Lincoln Way, the other three off campus student housing communities in the Campustown submarket, each have AY 23-24 average lease rates of over $720, whereas Campustown’s is ~$550. Campustown’s unmatched value in the market supports the Property’s healthy preleasing and occupancy well into its future.

• Best Location in the Market
Campustown is well located in the most sought-after ISU submarket of Campustown on the south side of campus. Its various locations offer residents the ability to choose where they would like to live. Each of Campustown’s buildings are within a small quarter-mile footprint on Stanton Ave, Welch Ave, Knapp St or Lynn Ave. Residents of all of the 22 locations are pedestrian to frequented campus buildings such as the College of Business, Student Union, Chemistry Department, Physics Department and Lied Recreation Center. Fraternity and Sorority Row are a block to the east of Campustown and food and nightlife options are abundant with pizza joints, sandwich shops and grocery stores all around the corner.

• Stable, Power-5 University
Iowa State University is the largest university in Iowa for undergraduate enrollment and the second largest in total enrollment. It is one of the staple institutions in the midwest for higher education and is a founding member of the Big 12 Conference where it competes athletically. ISU’s enrollment has gone through a few lean years in the recent past with declining enrollment, however, the school is combatting this by taking increasingly large first-year student classes helping to ensure future enrollment growth. First-year students increased by 6.3% over the last year and 13% over the last two years.

• Expansive Amenity List
​​​​​​​Campustown’s amenities are located in its building nicknamed “The Resort” at 127 Stanton Ave where any resident a part of the Campustown community can utilize them. They include a state-of-the-art fitness center with strength equipment, cardio machines and free weights, an outdoor barbecue grill area, swimming pool with hot tub and sun deck and a sauna. These amenities are more than enough to compete with the premium off-campus product in the market and are available to all Campustown residents.