Pemiscot County, MO
The Pascola Farm is a 621-acre farm located in Pemiscot County, Missouri, situated near past AcreTrader offerings. The farm sits in the "Bootheel" region of southeastern Missouri, a fertile and versatile area that supports the highest cropland values in the state.
The property consists of 601 cropland acres, mostly made of Sharkey clay and Wardell sandy clay loam soil varieties. These soils support a multitude of crops and provide the optionality to produce rice, soybeans, corn, or cotton.
Most of the farm was leveled to 1% grade in the last year. The farm has four total wells, each with brand new pumps and gearheads. An additional $50,000 is being raised to improve drainage and irrigation on the property.
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.