North Fork Farm

Iroquois County, IL

A

AcreTrader Rating (1)

Description

The North Fork Farm is a Northeastern Illinois corn and soybean farm, located in Iroquois county and 90 miles south of the Chicago metro area. The farm consists of 97% tillable acreage with direct paved road frontage and has undergone major drainage tile work in the last 3 years. The North Fork Farm boasts a Productivity Index Rating of 131.6 (out of a range of 47 - 147) with historical crop yields that have exceeded county averages. The farm is currently rented through 2021 by a tenant operating multiple AcreTrader investments and is located a short drive from several other AcreTrader investments.

This investment also includes a “flex” lease arrangement that provides an annual cash rental amount (see the financials tab which includes only this cash portion) plus an additional payment should commodity prices or farm crop yields increase above a pre-set threshold. This structure provides stability to the farmer while also allowing investors to share in any upside potential in above-average crop years.

Investment Highlights

  • 5-10 year target hold period given stable cash flows and potential for material long-term appreciation.

  • Flex lease could improve investor income each growing season should commodity prices go up and/or with strong crop yields on the farm.

  • The property will be managed by AcreTrader Management, LLC, an affiliate of AcreTrader, Inc.

  • Standard AcreTrader management fee of 0.75% applies annually.

  • Anticipated cash distributions occur on December 15 annually, beginning December 2020.

Risk Factors and Disclosures

Please see additional risk factors here  and in the Issuer Document Package for a discussion of additional risks. The above presentation is based upon information supplied by the seller and others, and some images shown may be used for representative purposes and may not have been taken on location at the subject property. While AcreTrader performs extensive due diligence on the offerings on our Site, certain of the information presented in each offering may have been provided by third party sources. Therefore, AcreTrader and its respective affiliates, officers, directors or representatives (the "AT Parties") hereby advise you that while all such third party information contained herein has been provided by to us from sources deemed reliable, we cannot guarantee its accuracy. The AT Parties further make no representations as to the accuracy or completeness of any such information and undertake no obligation now or in the future to update or correct this presentation or any information contained herein.

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