Property Description

The Quarters at Ames is a purpose built, off-campus, student housing community with high quality 2- and 3-bedroom apartments. The Quarters is located near Kellog Ave and South 17th Street, within easy walking distance to places important to students including campus, restaurants, parks, athletic venues and night life. The location is also near the CyRide bus stop.

On-Site Amenities

  • Free WiFi
  • 24-hour clubhouse with coffee brand fitness center
  • Ample parking located near the buildings
  • Outdoor living and socializing areas including swimming pool, patio, and fire pit area
  • Study lounges with computers and printers

Property Type

Student Housing

Structure

Delaware Statutory Trust

Baker Tilly
BT Quarters at Ames DST

IA

Remaining Availability

38% Remaining
Total Funds
$45,000,000
Remaining Availability
$9,566,660
Minimum Investment
$100,000
Funded To Date
$15,933,340
Est. Hold Period
10 Years
Leverage
43.33%
Equity Raise
$25,500,000
Price/SF or Price/Unit
$86,872/Bed

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Location Details

 
 
 

Population

126,740

Population Growth

0.8%

About The Area

Beneath the small town charm of Ames, Iowa, beats the heart of a much larger city. With a population of more than 65,000, Ames offers cultural, recreational, educational, business, and entertainment amenities more common in bigger metros. As a growing city, Ames continues to focus on building a strong community filled with opportunities for all. There are so many reasons that Ames, Iowa, is the Smart Choice!

In 2015, Ames was named one of the “15 Cities That Have Done the Best Since the Recession” by Bloomberg Business and one of the top 25 “Best Places for STEM Grads.” Ames ranked No. 8 by Niche Ranking for “Best Towns for Millennials in America.” Additionally, USA Today named Ames as the healthiest city in America!

 

Sponsor

Baker Tilly US, LLP (“BTUS”) is one of the largest accounting, advisory and financial services firms in the US and the largest independent member of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 148 territories, with more than 36,000 professionals. The combined revenue of independent member firms is over $4.0 billion.