Lived there. Buildings are of...okay construction, or at least they were when I was there 5 years ago. Did have some problems with management at times...once with cars getting towed. Another time, my next door neighbor's bedroom had a screwed up wall that festered tons of mold. He had to vacate the room and they were trying to stick him with the repairs and his overnights elsewhere while out of there and such.
Proximity to campus was nice. Works well for sporting events, just walking. There's a dedicated busline between there and campus, and just driving or walking to the commuter lots to catch a bus there is also easy if needed.
Overall, it was fine I guess. Not much better or worse than other places in Ames.