Cottage Grove Row Crop Farm

Will, IL

A

AcreTrader Rating (1)

Description

The Cottage Grove Row Crop Farm grows corn and soybeans and is located just outside of Chicago. This 78.6 acre farm will be improved with the addition of drainage tile, dirt work, and leveling. Land improvement is expected to improve the value of the property.

Investment Highlights

  • The total price of the farm is $350,699 or $4,462/acre.

  • 78.6 gross acres, with 74.5 tillable acres.

  • Farmer has historically rotated between soybeans and corn for better income and soil health.

  • Planned land improvement projects should provide an opportunity for increased valuation.

  • Gross cash yield expected at 5.3%. Verbal agreement has been made with tenant for 2020 season.

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

  • Standard AcreTrader management fee of 0.75% applies annually.

  • Anticipated distribution payments 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. AcreTrader and its respective affiliates, officers, directors or representatives (the "AT Parties") hereby advise you that none of them has independently confirmed or verified any of the information contained herein. All information provided herein has been provided by sources deemed reliable, but we cannot guarantee 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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