Do you think Green River Farm is a good investment?
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The Green River Farm is a 237 acre corn and soybean farm in Lee County, Illinois. This investment opportunity consists of a historically productive farm with Class A soils, as defined by the American Society of Farm Managers and Rural Appraisers, in a core region of the Corn Belt. This property was brought to AcreTrader through our local agricultural network and will continue to be farmed by the operator who has been operating on this land for over 50 years.
Terms
Min. Investment$15,000
Target IRR9%
Target Return9%
Property TypeFarmland
Target Hold Period5 - 7 years
Target Cash Yield2.1%
Target Raise$2,858,000
Close Date–
Benzinga's Take
The Green River Farm is a historically productive corn and soybean farm located in Lee County, Illinois. The farm’s 220.72 tillable acres carry an average soil Productivity Index (PI) of 136.8, well above the established threshold of 133 for Class A soil in Illinois. The farm has produced an average yield of 235 bushels of corn and 62 bushels per acre of soybeans across the past two years.SUBSCRIBE TO BENZINGA ALT RATINGS
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What is the target raise?
Target raise is $2,858,000
What is the target cash yield?
Target cash yield is 2.1%
What is the minimum investment amount?
Min. investment is $15,000
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