626 S 16th St, Ames, IA 50010
MULTIFAMILY For SaleYear Built: 1980
Floors: 3
| Space | Size | Type | Pricing |
|---|---|---|---|
| Ames Student Housing Portfolio | SALE | $4,300,000.00 |
Max Colby - CBRE
PHONE: 5152216672
CBRE is pleased to present a 47 unit, 3 property student housing portfolio located in Ames Iowa, home to Iowa State University. This diversified multifamily portfolio presents a rare opportunity to acquire three well-located income-producing assets in the heart of Ames, Iowa: 626 S 16th Street, 212 Hayward Avenue, and 519 Welch Avenue. Strategically positioned near Iowa State University and major employment, retail, and transit corridors, these properties benefit from consistently strong rental demand driven by a stable student and professional tenant base. Together, the portfolio offers investors immediate cash flow, operational scale, and long-term appreciation potential in one of Iowa’s most resilient and steadily growing rental markets. 626 S 16th St: 16,200 Livable SF 12 one-bedroom, 12 two-bedroom 212 Hayward Ave: 7,400 Livable SF 14 one-bedroom units, 1 commercial space 519 Welch Ave: 7,707 Livable SF 1 one-bedroom, 8-two-bedroom