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Student Housing Portfolio Sale
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135 Dotson Drive, Ames, IA 50010

Mixed student and non-student housing portfolio with ten properties totaling 122 units and 207 bedrooms.

Property SizeContact for details
Days on Market136

Property Features for 135 Dotson Drive

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 122
Listing Agency: CBRE - Des Moines
Listed By: Ryan Jensen · License #IA F00261000
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 12:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Des Moines

Investment Insights

Based on property information with market context.

This sale package is a student housing portfolio offered through an exclusive advisor, comprised of ten diverse properties totaling 122 units and 207 bedrooms. The mix includes one-, two-, and three-bedroom units, along with four single-family conversion homes featuring up to seven bedrooms.

According to the provided remarks, the portfolio is currently occupied at approximately 95% and includes a student and non-student mix. The remarks also indicate there is no restriction on occupiers within the portfolio.

The portfolio’s unit configuration supports a range of household sizes, with both traditional bedroom layouts and larger conversion homes included within the overall count of units and bedrooms.

Key Highlights

  • Portfolio includes 10 diverse properties totaling 122 units and 207 bedrooms
  • Unit mix includes one-, two-, and three‑bedroom options plus four single‑family conversion homes
  • Single‑family conversion homes contain up to seven bedrooms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Building Supply Hair Salon Real Estate Agency Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

122
Residential units

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby

Demographics for 50010, IA

32,552
Population
14,732
Households
2.2
Avg Household Size
30
Median Age
59%
College-Educated
98%
High-School Grad
60.3 sq mi
ZIP Area
540
Density / Sq Mi
$65,701
Median Household Income
$27,672
Median Earnings
$981
Median Rent
$243,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Mixed student and non-student housing portfolio with ten properties totaling 122 units and 207 bedrooms.
Where is this apartment building located?
The property is located at 135 Dotson Drive Ames, IA.
What are key features of this property?
This property features: Portfolio includes 10 diverse properties totaling 122 units and 207 bedrooms; Unit mix includes one-, two-, and three‑bedroom options plus four single‑family conversion homes; Single‑family conversion homes contain up to seven bedrooms
(515) 314-1715 Call to check price and availability
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