Mississippi Value-Add Rice Farm

Min. Investment$10,975

Target IRR13.70%

Offered By

AcreTrader is an investing platform that makes it easy to buy shares of farmland and earn passive income through one of the fastest-growing asset classes available. The platform features actual parcels of farmland where investors can choose offerings to participate in based on their investment preferences.

Historic Returns

15.4% - 30.3%

Investor Types

Equity

Min. Investment

10,000

Property Types Available

Farmland

Visit Platform

Do you think Mississippi Value-Add Rice Farm is a good investment?

YES

The Mississippi Value-Add Rice Farm consists of 160 acres in Tunica County, Mississippi. The property is located within the Mississippi Delta, approximately one hour south of Memphis, Tennessee and outside the town of Tunica, Mississippi. Additional funds are being raised to level and irrigate this farm, which have the potential to increase crop yields, farm rents, and future land values. While the farm has traditionally grown soybeans, these improvements would make it possible to flood irrigate the property, enabling rice cultivation which typically commands a rent premium.

Terms

Min. Investment$10,975

Target IRR13.70%

Target Return14%

Property TypeFarmland

Target Hold Period3 - 5 years

Target Raise$702,400

Close Date–

Benzinga's Take

The farm is 96% tillable and includes paved road frontage. It is also located within the Mississippi waterfowl flyway, which is an area in high demand for hunting and recreation leases.

SUBSCRIBE TO BENZINGA ALT RATINGS

Benzinga is launching an alternative asset rating product. Enter your email above to receive emails on new ratings.