November 30, 2020

Condominium Storage Program Offered

20141008_maxyield_066 (1024x681)INFORMATIONAL MEETING SCHEDULED!
Join us Tuesday, January 27, 2015 at 10:00 a.m. at the Clay County Regional Events Center to learn more about this beneficial program. Contact any MaxYield location with questions or to request your packet to sign up.

More information is available at www.MaxYieldGrain.com/condo.

MaxYield Cooperative is offering another condominium grain storage program.

Condominium storage was offered by MaxYield for the first time in 2006 and again in 2007. Each offering was very well received by our membership and sold out. We have only had a few Condo units exchange between Condo members. The shares traded at, or above, the original purchase price.

What is Condominium Grain Storage?
Each Condo investor would purchase and own one or more shares in a Limited Liability Company (one share equals 5,000 bushel) The LLC would construct and own a large storage 725,000 bu bin at a MaxYield location. As an investor in the LLC, you may deliver your storage bushels to any MaxYield location (with the exception of Kerber Milling, GP Lakota, or Hawkeye Pride). The investor enjoys the tax benefits equal to the depreciation on the bin. You have reserved storage space, and no grain storage costs. We expect the Condo bin to have a 40 year useful life span.

There are many benefits and we know you have questions. Many of the answers you’re looking for are on our condo storage fact page, found here. You can also contact your nearest MaxYield location or members of our grain team.

 

(This communication is not an offer to sell storage units or solicitation of an investment in an LLC. Any offer to sell storage units or to solicit an investment in an LLC is made only through a prospectus.)

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