WORKFORCE HOUSING OPPORTUNITIES
Mailbox Money Deals
Explore Mailbox Money RE’s development pipeline, including new multifamily communities designed to serve growing markets and create potential investor opportunities.
Simple, transparent access to real estate development opportunities.
How to Read Each Opportunity
Location
The market or community where the development is planned.
Unit Count
The estimated number of residential units in the development.
Projected IRR
The estimated annualized return target over the life of the project.
Total Capitalization
The estimated total project cost, including acquisition, construction, soft costs, financing, and reserves.
Projected metrics are estimates only and are subject to change. This page is for informational purposes and does not constitute an offer to sell securities.
Upcoming Developments
Foss Fields
Location: Sioux Falls, SD
Unit Count: 500
Projected IRR: 22.3%
Total Capitalization: $81.4M
Overland Reserve
Location: Rochester, MN
Unit Count: 94
Projected IRR: 21.5
Total Capitalization: $18.6M
Deer Creek Reserve
Location: Ankeny, IA
Unit Count: 94
Projected IRR: 18.4%
Total Capitalization: $15.9M
Windsor Reserve
Location: Hartford, SD
Unit Count: 94
Projected IRR: 18.6%
Total Capitalization: $17.6M
Dakota Commons Reserve
Location: Watertown, SD
Unit Count: 112
Projected IRR: 26.3%
Total Capitalization: $16.3M
Badger Heights Reserve
Location: Rochester, MN
Unit Count: 94
Projected IRR: 22.5%
Total Capitalization: $19.3M
Orchard Hills Reserve
Location: Norwalk, IA
Unit Count: 94
Projected IRR: 18.3%
Total Capitalization: $15.9M
River Park Reserve
Location: Brandon, SD
Unit Count: 90
Projected IRR: 22.9%
Total Capitalization: $14.4M
Bluestem Reserve Phase II
Location: Yankton SD
Unit Count: 38
Projected IRR: 20.7%
Total Capitalization: $6.03M
Sioux Village Phase II
Location: Brookings, SD
Unit Count: 84
Projected IRR: 23.1%
Total Capitalization: $14.7M
Future Development
Location: SE Sioux Falls, SD
Unit Count: TBD
Projected IRR: TBD
Total Capitalization: TBD
Projected metrics are estimates only and are subject to change. This page is for informational purposes and does not constitute an offer to sell securities.
Developed with Discipline. Built for Everyday Investors.
Mailbox Money RE is focused on making real estate investing easier to understand and more accessible. Our development pipeline is organized to help investors quickly evaluate each opportunity, compare projected metrics, and take the next step with confidence.
Simple Project Overviews
Clear Investment Metrics
Growing Community Focus
Want Access to the Full Development Deck?
Request more information to review available project details, offering materials, timelines, and investor next steps.
Mailbox Money helps solve the affordable housing crisis by developing workforce housing in stable Midwest markets, offering passive real estate opportunities for accredited investors.
Quick Links
Contact
Mailbox Money
120 S Main Ave
Brookings, SD 57006
[email protected]
(605) 691-1933
Compliance
Investment opportunities are offered only to accredited investors. Minimum investment is $50,000.
Returns are not guaranteed. All investments carry risk, including the potential loss of principal. Please review all private placement memorandums and risk factors prior to investing.
© 2026 Mailbox Money. All rights reserved.