Galaxy Organic Apple Orchard

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    $15,0000.22 acres
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    Galaxy Apple Orchard is located in the heart of Washington’s apple belt, Franklin County, WA. The orchard consists of 201 acres planted to mature apple trees. The plan is to redevelop 100% of the property into an organic apple orchard over the next 2 years. The soils are suitable for this organic transition; we project to plant two premium varietals, Cosmic Crisp® and SweeTango®, praised for their balanced flavor profile and backed by strong marketing efforts.

    We have identified an excellent operator in the area, Stemilt Growers, and are finalizing an agreement with them.

    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%. At exit, this property will be a turnkey operation attractive to large growers and investors.

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