Nelson Construction and Development is excited to share the latest senior housing investment opportunity with you. Scheduled to begin construction in Summer 2022, the community will be located in the Prairie Trail district in Ankeny, IA and will benefit from all of the amenities and access Prairie Trail has to offer.
The development will consist of 126 apartment homes for Assisted Living and Memory Care residents, offering premium unit sizes and finishes not already found in the market, as well as our popular Carefree Living option where residents can live completely independently or choose to add any or all of our services ala carte.
Nelson will be raising up to $11MM in limited partner preferred equity.
All investments earn a 14% annual return with half (7%) paid current each quarter. Investments of $1MM or more (Class Prime) will be paid in a preferred position and will also receive an additional 10% of their initial investment when their principal is returned.
All unpaid returns, along with the principal investment, will be returned at the sale or refinance of the property estimated to occur within 3 to 5 years.
Prairie Trail is a New Urbanist community composed of pedestrian friendly residential neighborhoods, new mixed use Town Center, and two office parks. Sites are set aside for a school, library, grocery store, church, and neighborhood retail stores. Prairie Trail is a legacy project which preserves and celebrates the prairie, farm, and industrial heritage of Ankeny and Iowa.
Positioned at the center of it all just off SW State Street at SW Vintage Parkway, The District is home to retail boutiques, dining and entertainment venues. It is designed to enhance the already vibrant central Iowa community of Ankeny.
Ankeny Golf & Country Club offers members a beautiful award winning 9 hole golf course, private pools, and a wonderful dining experience in a private clubhouse overlooking the golf course.
Cascade Falls Aquatic Center in Ankeny, Iowa is 20000 square feet of pure fun! It is the largest municipal aquatic center in Iowa.
For further project information and investment interest, contact Jacob Wolfgang at 515-720-6170 or jacob@nelsonconstruct.com.
This Marketing Website and information contained herein have been prepared solely for, and is being delivered on a confidential basis to, prospective investors and investors to provide background information related to the project described herein. Any reproduction or distribution of this website, in whole or in part, or the disclosure of its contents, without prior written consent of Nelson Construction and Development, is prohibited and recipient agrees to keep confidential all information contained herein and not already in the public domain and will use this brochure for the sole purpose of evaluating the project described herein.
Each prospective investor and lender should make its own investigation of the project described herein, including the merits and risks involved and the legality and tax consequences of any such investment related to the project. Each prospective investor and lender should make its own inquiries and consult its advisor. Any information contained on this website is presented for marketing purposes only and Nelson Construction and Development makes no representation or warranty related to the same.
This Marketing Website does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by either Nelson Construction and Development, Prairie Trail Senior Living, LLC, or any other person or entity regardless of whether such security, product, or service is referenced on the website. The full terms and disclosures for the opportunity can be found in the Offering Memorandum (available by request, please contact jacob@nelsonconstruct.com).
We are a real estate developer, investor, and general contractor located in Des Moines, Iowa.
