Santa Barbara avocado groves are now open to investment through crowdfunded offerings, as FarmTogether has launched Riviera Avocado Grove.
The Riviera Avocado Grove is a mature 99-acre Hass avocado orchard based in Santa Barbara County.
The investment has a 10-year holding period, with a target of about 10.5% net internal rate of return and a 9.3% average cash yield, along with a projected 2.3x multiple on invested capital…