Exclusive Mailbox Money Investment Opportunity
Secure Your Wealth in
Deer Creek Reserve
Strategic land assets positioned in high-growth corridors for the discerning professional investor.
Data-Driven Confidence
+20%
ANNUALIZED YIELD
5-7 Years
AVERAGE HOLD
1300+
Units Since 2021
2.0x
Equity
EXCLUSIVE ACCESS
Deer Creek Reserve
18.4%
LP IRR
7%
PREFERRED RETURN
80/20
SPLIT
6.65%
RETURN ON COST
The Opportunity
Ankeny is a 10.77-acre development located just north of the Des Moines metropolitan area in the city of Ankeny. The project’s location near I-35 makes it a commuter-friendly choice, offering direct connectivity to Des Moines’ business districts and lifestyle amenities. The Ankeny multifamily project is a three-phase development targeting 184 units composed of studios, 1 bed-, 2 bed-, and 3 bed- floor plans.
Each Ankeny phase is expected to begin six months apart allowing for robust and programmatic allocation of capital. Each building in the project is planned for 14 units, except for three buildings which will have 10 units. The wellness design with no-frills reduces construction costs and the phased approach allows significant operating efficiencies pre- and post-construction.
By developing one phase at a time, we will be in a position to match leasing and development activity allowing for synergies and material cost savings. The Sponsorship group is successfully implementing this approach across nine developments in the Eastern South Dakota Region.
Project Summary
| Property | Deer Creek Reserve |
|---|---|
| Market | Ankeny, IA |
| Units | 94 |
| Total Capitalization | $15,945,657 |
| Targeted Equity to Raise | $5,022,882 |
| Targeted Holding Period | 5 Years |
| Year 1 NOI | $663,246 |
| Year 5 NOI | $1,124,785 |
| Interest Rate | 5.56% |
| Leverage | 68.5% |
| Amortization | 25 Years |
| Term | 5 Years |
| I/O Period | 3 Years |
Investment Thesis
Our Unfair Advantage
Wellness Design
Scandinavian style interiors
Floor To Ceiling Windows
White on White Palette
Stainless Steel Fixtures
Marble Counter Tops
In-Unit Washer Dryer
Lifetime decks and awnings
No Corridors
Phased Develoment
Staggered construction across multiple buildings reduces subcontractor overlap, helping GCs secure permits faster. Property managers lease earlier by creating urgency and showcasing available units, enabling asset managers to reach 80–100% pre-leasing before GC exit. First units are delivered in 9 months, with others following every 1–2 months.
Copy-Paste
Model
Delivers projects on time and within budget.
Streamlined operations reduces costs.
Proven designs improve efficiency and reduce risk.
Enables scalable, repeatable success across multiple developments.
Predictable outcomes, consistent quality, and long-term value for investors and partners.
Prime Locations
We target high-income suburban markets with strong employment fundamentals and top-tier school systems—proven drivers of long-term demand and stability. These communities attract affluent residents who value quality of life, wellness, and access to premium amenities. By investing in locations that naturally support this lifestyle, we position each property for consistent occupancy, reduced risk, and sustained value appreciation.
Clarity in Execution
Straightforward answers to the structural, financial, and strategic questions sophisticated investors ask before allocation.
What is the timeline?
Our standard structure is designed for a 5 to 7 year hold period, giving the investment time to fully execute the business plan and optimize for maximum appreciation. This longer-term approach allows us to focus on creating value through strategic improvements, operational performance, and market timing rather than rushing to exit too early. While timelines can vary depending on market conditions and the specific asset, our goal is to exit when we believe we can deliver the strongest possible outcome for investors.
Who Can Invest?
Who can invest depends on the specific offering and current securities regulations. Some opportunities are available only to accredited investors, while others may be open to a wider range of participants. We’ll always make eligibility requirements clear upfront so you can quickly understand whether an investment is a fit for you.
What Are The Tax Advantages?
Real estate investing can offer several potential tax advantages, including depreciation, deductible expenses, and the possibility of favorable long-term capital gains treatment when an asset is sold. In some cases, investors may also benefit from strategies like a 1031 exchange, which can allow capital gains taxes to be deferred by reinvesting proceeds into another qualifying property.
Can I Invest Using My IRA/401K?
Yes. Many investors choose to invest through a self-directed IRA, and certain 401(k) funds may also be eligible if they are rolled over into a qualifying self-directed retirement account. For investors who are new to investing with us, the minimum investment is $50,000, with additional investments accepted in $10,000 increments. Because retirement accounts have specific rules and requirements, we recommend speaking with your custodian or financial advisor before investing to confirm eligibility and account setup.
How Do I Invest?
Getting started is easy. Explore the investment opportunity, review the property details, strategy, risks, and projected returns, and choose the opportunity that fits your goals. When you’re ready, complete the investment documents and fund your investment. From there, our team manages the execution and keeps you informed with ongoing updates and any distributions along the way.
Interactive Return Projection
Adjust the investment amount, hold period, and target annualized return to view projected total return and implied equity multiple.
Why Ankeny?
Multifamily Market
96.1%
Occupancy
4.3%
YOY Rent Growth
MSA Population
Population
Growth
Population
Family House
Price
Rate
Household
Income
Strong Economic Fundamentals
Rents have steadily increased 3–5% each year, driven by strong demand for Class B and new Class A units.
Business-Friendly Environment
Known for streamlined permitting processes
The city and Greater Des Moines Partnership actively support business attraction and retention.
Businesses are drawn to Ankeny for its talent pool, connectivity, and livability.
Robust Infrastructure
Strategically located along I-35 with direct access to Des Moines and the larger Midwest corridor.
High Quality of Life
As a Des Moines suburb, Ankeny combines metro job access with suburban quality of life.
Ankeny’s top-ranked schools attract families and foster long-term community stability.
Demand for Housing & Commercial Spaces
Ankeny’s population has doubled to over 75,000 in 20 years, driven by strong migration and regional growth.
Strong demand for quality housing among middle-income earners, including healthcare, education, and logistics workers.Largest employer in MN with 38000+ local employees.
Why Mailbox Money?
Truly Passive Income
Designed to provide passive income without requiring day to day involvement, supported by a structured approach to investor communication, capital management, and ongoing oversight.
Institutional-Grade Deals
Each opportunity is carefully evaluated and structured with a focus on resilient, income producing real estate, prioritizing risk management and consistent cash flow.
Aligned Incentives
Alignment is reinforced through co investment, clearly defined fee structures, and performance based participation, ensuring interests remain consistent with investors.
Built For Busy Professionals
Mailbox Money partners with a select group of accredited investors, combining disciplined processes with a high standard of communication and support.
Our approach centers on professionally managed real estate strategies designed to generate passive income, with each portfolio structured for stability, consistent cash flow, and long term alignment with investor outcomes.
- Hands-off ownership
- Clear reporting and communication
- Tax-advantaged structures where applicable
- Carefully vetted opportunities
Our Team
A team built around operational accountability, bringing together expertise across investor relations, capital formation, and strategic execution. Each function operates within a defined framework to ensure clarity, consistency, and disciplined follow through at every stage.
Dusten Hendrickson
Founder, Visionairy
Anna Rempe
Executive Assistant
Levi Te Slaa
Director of Investor Relations
Craig Griebel
Director of Marketing
Chuck Larson
Director of Sales
Our Partners
RESTRICTED ACCESS
Request an Offering
Unlock exclusive access to the full, in-depth property proposal—featuring comprehensive financial projections, detailed market analysis, and a closer look at the strategic vision behind the investment. Explore the insights, data, and opportunities that set this offering apart and position it for long-term performance.
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.
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