Pompey Lake Rice Farm

Quitman County, MS


AcreTrader Rating (1)


The Pompey Lake Rice Farm is a highly-improved rice farm with "Grade-A" soils located in the fertile Mississippi Delta. Recent investments in leveling this property as well as the installation of new well pumps are expected to improve crop yields as well as farm rents over time.

This farm consists of ~237 acres, with nearly 100% tillable farming acres on the property. There is potential for water fowl hunting, which could lead to additional rental income as well as improved re-marketability. Potential hunting income is not included in the annual cash rental amount (see the financials tab for more information). Increased farm rents and hunting income have the potential to improve the gross cap rate of this farm to 4.0% - 4.5%.

Investment Highlights

  • 3-5 year target hold period given stable cash flows and potential for material long-term appreciation.

  • Duck hunting lease is actively being marketed and could improve investor income

  • Recent field improvements could further improve investor income through optimized farm rent

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

  • AcreTrader Management fee of 0.75% applies annually.

  • Anticipated cash distributions occur on or about 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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