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Farmland ownership ROI
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SoDak Farms
Posted 2/23/2024 10:53 (#10636538 - in reply to #10636511)
Subject: RE: Farmland ownership ROI


EC SoDak
Some land was sold probably 6-7 years ago, the bulk would been early 2021. He sold around 11k/ac, land probably would’ve peaked if you averaged his ground productivity somewhere in that 12-13 range. Much was bought 5k and less, some much less. The bulk was bought by 1 investor and was rented back. He rolled it all into apartments all around eastern SoDak. I won’t go into his numbers, not my place, but it’s been working out pretty well.
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