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STATUS
STATUS
Rice
SoybeansCapital Being Raised
Total Acres
Price/Unit
Est. Ownership Duration
Min. Investment
1:00 PM Central
The Sunrise Farm is a 322.8 acre rice and soybean farm located in Dunklin County, Missouri. This investment opportunity consists of a fully leveled and irrigated farm with potential additional hunting lease income.
With over 296,000 acres in crop production, Dunklin County sits along the southern reaches of southeastern Missouri’s delta region known as the Bootheel. This region’s strength lies in the irrigated production of rice, corn, soybeans, and cotton derived from fertile alluvial soils and historically robust groundwater resources. Due to the composition of soils and geology in the region, the Bootheel typically experiences significant groundwater recharge annually, causing groundwater levels to be considered robust and sustainable.
The Sunrise Farm is 100% leveled and irrigated to facilitate the farms rotation of rice and soybeans. The Property lies within the northern reaches of the Mississippi River Delta, which produces 70-80% of the rice grown in the United States. Rice production requires a shallow flood throughout the growing season and the farm’s precision leveling and irrigation system is specifically designed to facilitate this process. The irrigation system via two wells and zero grade land leveling maximizes the efficiency of rice production while reducing workload on the operator relative to other systems.
The Missouri Bootheel is a common sourcing region for AcreTrader (AT). The Sunrise Farm represents our 16th offering in a five-county area and 6th offering in Dunklin County. AT has sourced and managed approximately 4,000 acres in the Missouri Bootheel. AT believes this continued aggregation of investment quality farmland in the Missouri Bootheel increases the potential exit value and optionality for the farms under management in this region.
According to Acres(1) data, we believe this Property is being purchased at a below-market entry price based on available comparable sales of properties of similar size and quality in the same region, which is an active, tenant-dense land market.
The Sunrise Farm’s location in Southeast Missouri positions it squarely within the Mississippi Flyway, a major corridor for migrating waterfowl. Additionally, the Property lies within 3 miles of a major regional waterfowl conservation area and features one duck blind that has previously been leased to a local outfitter. It is expected that the farm will continue to be leased for waterfowl hunting which may generate income in addition to the cropland rent.
Minimum Subscription Requirement: $1,803,600
Maximum Subscription Amount: $3,006,000
Termination Date: 1/1/2027
5-10 year target hold period is anticipated.
Please see the Financials tab and the Investment and Limited Liability Company Agreement for additional information. The Private Placement Memorandum (PPM) is available in the Documents tab to be viewed or downloaded. The PPM and offering descriptions should be read carefully to fully understand the objectives, risk factors, charges, and expenses of an investment.
Please refer to the PPM for the full list of risk factors.
Geographic Concentration The Company’s activities will be limited to acquiring and holding the Property as an investment and are therefore inherently concentrated in a specific geographic location. A stagnant or depressed economy in the area in which the Property is located could adversely affect the value of the Property and the Company’s ability to provide a return or any profit to investors.
Third-party property managers may not be effective The Manager, on behalf of the Company, may retain third-party property managers who will, under the supervision of the Manager, oversee the day-to-day operations of the Property by the tenants. The success of the Company will, accordingly, depend on the performance of such third-party property managers, and their failure to successfully perform their management duties could adversely impact the Property’s results of operations and could reduce cash available for distributions to Members of the Company.
Crop Risk Rice and Soybeans are planned to be grown on the Property. These commodities are subject to price volatility that could result in selling prices below break-even for the operator. Commodities are also subject to weather conditions including but not limited to drought, flood, and hail.
Farmland Risk Farmland investments are also subject to additional risks including volatility in commodity prices, weather events or disease that could damage crops and many other operational factors.
Securities offered by North Capital Private Securities Corporation (“NCPS”), a broker-dealer registered with the SEC and a member of FINRA | SIPC. Their Form CRS can be viewed here.
Alternative asset investing is speculative, involves a high degree of risk, including complete loss of principal, and is not suitable for all investors. Alternative investments are illiquid, not listed on an exchange, and not a short-term investment. Distributions are not guaranteed. Changes in tax law may adversely affect offerings. This offering is a private offering and is not registered under the Securities Act or under any state securities laws or the securities laws of any other jurisdiction. There is no assurance any investment will achieve its objective.
Note that Investors are purchasing shares in a newly formed entity that will purchase this farm but are not purchasing actual acreage of the farm directly. The entity will directly own the farmland. Farmland investments are also subject to additional risks including volatility in commodity prices, water accessibility, weather events or disease that could damage crops and many other operational factors. Economic implications include potential increased production costs and reduced crop yields.
The PPM contains a complete list of all Risk Factors and should be read carefully before investing. 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 Platform, LLC, 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 to us from sources deemed reliable, we cannot guarantee or make representations as to its accuracy or completeness. The AT Parties undertake no obligation now or in the future to update or correct this presentation or any information contained herein.
Please be advised that certain registered representatives of NCPS who are performing sales activities on behalf of NCPS in connection with offerings on the AcreTrader Platform may also be providing services to other entities affiliated with the offerings, including but not limited to the issuer of this or other investment offerings on the AcreTrader Platform. Such services might include, but are not limited to, sourcing real estate, conducting land due diligence, negotiating real estate purchases, preparing marketing and other investor-facing materials, land management-related administrative services and authorizing investments. The registered status of such personnel creates inherent conflicts of interest for a number of reasons, including but not limited to the fact that they may gain financially from your investment, directly through commission payments or indirectly by receiving compensation from the issuer or an affiliate of the issuer. Registered representatives are not presently anticipated to receive commissions in connection with their sales activities for AcreTrader Platform offerings.
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