Dawson CountyNE

Josselyn Farm

Dawson CountyNE

Josselyn Farm

Description

Josselyn Farm is a 145 acre corn and soybean farm in Dawson County, Nebraska with secure water resources, productive soils, a flex lease, and an experienced operator.

With more than 600,000 acres of farmland and over 1,100 registered agricultural producers, Dawson County and the broader Central Nebraska region are a robust farming area. The farm is located less than 5 miles north of the Platte River.

While Dawson County is dominated by more alkali soils, Josselyn Farm’s soils are an exception, with substantially higher soil quality than surrounding areas. Its Hord and Cozard silt loams carry an NCCPI, or National Commodity Crop Productivity Index, of 70, compared to a county average of 58.

This farm enjoys historically abundant water resources. Recharge from the Platte River means the property lies in a secure water basin with a high water table. Pivot and handline irrigation is supplied by two on-farm wells, each of which pumps at a rate that should supply the entire farm on its own. The Central Platte Irrigation District does not limit pumping, but does have a moratorium on drilling new wells, providing additional potential value to properties that have existing permits.

Josselyn Farm will be leased to the existing tenant, a local longtime farmer operating a large leased acreage who is motivated to keep farming the property through the ownership transition.

A 3 year lease is in place at a base rate of $400 per acre along with a flex component, which provides investors with bonus rent in the event of strong yields and/or commodity prices. Recent historical yields have been between 224 and 258 bushels per acre of corn and about 80 bushels per acre of soybeans. With multiple large cattle operations nearby, the commodity feed grain market in this region supports a strong crop price infrastructure. For a more complete breakdown of crop basis in this region, watch Investment Manager Rob Moore’s highlights video above.

Investment Highlights

  • 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 2023. Frequency of distributions may increase during future periods.

Additional Details

Minimum Subscription Requirement: $1,401,570 Maximimum Subscription Amount: $1,557,300 Termination Date: February 23, 2023 Please refer to the Investment Agreement in the Documents tab for more information on these terms.

Note that Acretrader 175, LLC is a Nebraska entity.

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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