For Sale
$3,990,000126 Acres
For Sale
4 beds • 3 baths • 2,752 sq ft

30416 Stellmacher Drive Southwest, Albany, OR 97321 - Linn County

Farms
Ranches
Residential
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Property ID 19968780

GreenGold Hazelnut Orchard - Guaranteed Return

The GreenGold Hazelnut Orchard is a 126+ acre fully leased farm with hazelnuts, excellent water rights, and professional management. The property owners receive a guaranteed return of 5.25% base rent, plus a share of the crop proceeds and rental income from the residential dwelling. The orchard is located just outside of Albany, Oregon and provides long-term appreciation with a growing demand for the premium nuts.

Highlights

126+ acre farm with 121+ acres of Lewis and Clark varietal hazelnuts
Excellent water rights from Willamette River and adjacent slough
3,093 square foot custom residence and approximately 24,000 square feet of agricultural and support buildings
Professionally managed by one of the largest orchard operators in Oregon

Description

The GreenGold Hazelnut 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 3,093 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.

Location

Brett Veatch

Agri-Investment Services Division of Berkshire Hathaway
(458) 235-4419

Message

Land for Sale by Brett Veatch

Previously Sold by Brett Veatch

Brett Veatch

Brett Veatch

Agri-Investment Services Division of Berkshire Hathaway