Pierce Education Properties has acquired The Madison, a best-in-class student housing community in Ames, Iowa.
“Pierce Education Properties is very pleased to acquire such an outstanding property as The Madison. The Madison represents an outstanding example of student housing design and amenities and marks our return to ownership in the Ames market,” said Frederick Pierce, president and CEO of Pierce Education Properties.
The Madison is a 9.9-acre, 2001-built, class A student housing community serving Iowa State University at 4912 Mortensen Road in Ames. The community offers 144 units and 540 beds in three- and four-bedroom configurations. Offering the largest floorplans in Ames each unit features nine-foot ceilings, private balconies or patios, large closets, full-size kitchens, in-unit washer/dryers, cable TV, high-speed internet, and some fully furnished units. The community is located on the CyRide Bus Route for easy access to the ISU campus.
The Madison
