Scan with Smart

Phone Camera

Hazelnut Orchard | Guaranteed Return

United States /Oregon, 30416 Stellmacher Drive Southwest, 97321, 126

Listing ID :

98117730

Acres :

126 Acres
$3,990,000

View Agent's Properties and Profile:

Brett Veatch

Contact Seller

Property Description

The GreenGold Orchard represents an opportunity to acquire a fully leased orchard with a guaranteed return. This 126+ acre farm is planted to 121+ acres of Lewis varietal and Clark varietal hazelnuts on premier, river-bottom soils that are highly productive. The farm boasts excellent water rights from the Willamette River and adjacent slough with 131 acres of primary water rights and 109 acres of supplemental water rights. This combination of highly productive soils and ample water makes for a healthy, high-yielding orchard. Located, just outside of Albany, Oregon, the GreenGold is professionally managed by one of the largest orchard operators in Oregon. A long-term lease is in place and property owners are compensated by a guaranteed return of 5.25% base rent, plus a share of the crop proceeds and rental income from the residential dwelling. There is an underlying, assumable debt instrument at an attractive 4.38% fixed interest rate. Additional improvements include a 2457 square foot custom residence aesthetically placed on the property. There is also approximately 24,000 square feet of agricultural and support buildings. This represents an excellent diversification investment in an stable asset class that enjoys long-term appreciation. In general, good, irrigated farmland is diminishing commodity and in a world where population growth places an ever-growing premium on sources of sustainable protein. Investments of this nature have proven to be effective shields against inflation. Hazelnuts orchards are low-impact on the land and provide environmental benefits. A well-tended orchard can be productive for 80 to 100 years and world demand for these premium nuts continues to grow at a steady rate.

Basic Details

Property Types:

Acreage, Home, Ranch, Home with Acreage, Agriculture Business

Listing Type:

For Sale

Listing ID:

98117730

Price:

$3,990,000

Acres:

126 Acres

Features:

River, Irrigated, Orchard, Home, Work Shop, Water Well, Electricity, Water Rights

Address Map

Country:

United States

State:

Oregon

County:

Linn

City:

Albany

Latitude:

44.61068753482136

Longitude:

-123.1754493713379

Street Address:

30416 Stellmacher Drive Southwest