Cedar River Farm
Benton County, IA
The Cedar River Farm is a 73 acre farm located in Benton County, Iowa forty miles north of Cedar Rapids. Iowa is known for having some of the most productive crop ground in North America and this farm has a Corn Suitability Rating (CSR2) score of 75.3, on a scale of 0-100. This score indicates the farm is well-suited to produce consistent and high-yielding grain crops.
This investment includes $23,500 in additional funds for improving the property, including work that will reduce soil erosion and increase the amount of farmable ground on the property. This farm has an open lease for 2021, but with recent improvements in commodity prices, we believe a competitive lease at $300 per tillable acre may be secured this year.
PLEASE NOTE that due to Iowa's farming laws, a few restrictions exist regarding this investment opportunity:
- You may only invest in this farm as an individual. Entities such as LLCs are not allowed to invest in this offering.
- If you currently have an interest in a different LLC that owns farmland in Iowa, you are restricted from investing in this farm.
- If you invest in this farm, you may be precluded from investing in other farms in Iowa specifically. You will be able to continue investing in all other states on the AcreTrader platform.
5-10 year target hold period given stable cash flows and potential for long-term appreciation.
Invest in a hard asset with little or no correlation to other major asset classes.
The property will be managed by Acretrader Management, LLC, an affiliate of AcreTrader, Inc.
Standard AcreTrader management fee of 0.75% applies annually.
Cash distributions expected to occur annually, beginning in December 2021. Frequency of distributions may increase during future periods