Project Information

Investment

2022

2023

2024

2025

2026

2027

2028

2029

2030

Total Return

Galaxy Organic Apple Orchard

One-Time Expense Reimbursement Fee

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Annual Management Fee

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All fees are applicable upon deal closure. FarmTogether will not charge fees during the syndication period or if the deal is canceled prior to close.

This acquisition is a 10-year hold with a target net IRR of 15.0% and a target net average cash yield of 19.6%. Cash yield averages 5.47% in the first 5 years and 33.66% in the last 5 years. The farm is projected to begin producing in year 4 and will reach full maturity by year 9. At exit, this will be a turnkey operation attractive to large growers and investors.

Watch our on-demand webinar on Galaxy Organic Apple Orchard. We discuss what's driving the increasing demand of apples in the US, the #1 consumed fruit in the country, why we've chosen to work with Stemilt Growers, one of the leading tree fruit growers, shippers, and packers in the US, and what makes this deal an exceptionally strong addition to your portfolios. At 15.0% target net IRR & 19.6% target net average cash yield, we’re excited to offer this top-tier opportunity.

Investment Deep-Dive

Investments are structured as interests in FarmTogether 202, LLC that in turn will directly own the title to Galaxy Apple Orchard. The investors, through the LLC, thus fully own the underlying asset. 

There is a <a href="https://static.farmtogether.com/documents/Risk_Reward.pdf" target="_blank">risk factors list</a> related to the Galaxy Apple Orchard where each factor is judged to qualitatively add to the overall "Risk" profile. Each factor section has an explanation as to why the risk matters. Each risk is graded where the higher the number - the higher the risk. Combined, these factors converge to one position on our Risk-Reward Spectrum.

Apples are a staple among US consumers, being the #1 consumed fruit (fresh and processed) and the #2 most consumed fresh fruit in the US. Close to 80% of US apple production is consumed domestically, with national consumption averaging 17 pounds per capita from 2010-2019.

Solid Market

Not all apples are created equal. Galaxy Apple Orchard will be planted with two premium varietals, Cosmic Crisp® and SweeTango®, both prized for their taste and balanced flavor profiles and backed by large marketing efforts. The Cosmic Crips apple is a newly developed varietal (after 22 years of research and development tailored to Washington State’s growing conditions) that can stay fresh for up to 10 to 12 months.

Top-Notch Varietals

This is projected to be a high cash flowing property as apple production starts in year 4 and trees reach full maturity by year 9. Cash yield averages 5.47% in the first 5 years and 33.66% in the last 5 years. The target average cash yield is projected at 19.6%.

High Cash Flow

Watch our on-demand webinar on Galaxy Organic Apple Orchard. We discuss what's driving the increasing demand of apples in the US, the #1 consumed fruit in the country, why we chose to work with Stemilt Growers, one of the leading tree fruit growers, shippers, and packers in the US, and what makes this deal an exceptionally strong addition to your portfolios. At 15.0% target net IRR & 19.6% target net average cash yield, we’re excited to bring this top-tier opportunity to you.