Amy Phillips
BEDS0
BATHS
SQUARE FEET12,000
MLS#2025021085
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONFolsom Thoroughbred Training
SCHOOLSt Tammany Parish
Property Description
OWNER FINANCING AVAILABE! Exciting Investment Opportunity with excellent cashflow and potential for more! This barn is equipped with 20 stalls, washing station, feed room, utility and tack room, a fully functioning walking wheel, and a huge hay loft for storage or to add more apartments of additional income! Stalls currently rent for $150 per month per stall for a potential of $3000 per month. The 1 bedroom 1 full bath apartments upstairs rent between $350-400 per unit with one unit currently rented with a long term tenant at $400 per month. Purchase of the property grants access to a fully operating and maintained 3/4 mile racetrack with starting gates.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Heating: None
Home Style: Apt Complex (5+ Units)
Lot Size: 0.71 Acres
Feature Descriptions
Appliances: Electric Cooktop
Area: No Area
Association Fee: $3000/Annually
Association Y/N: Yes
Days on Site: 106
Exterior: Wood Siding, Frame
Foundation: Other
Lot Dimensions: 150 x 230
Parking Total: 4
Sewer: Septic Tank
SQFT Total: 12000
Water: Public
Local Schools
School District: St Tammany Parish
Listed By / Shown By
Listed By
Agency Name: Southland Properties Inc
Agency Phone: 225-751-0093
Shown By
Agent Name: Amy Phillips
Agent Phone: (225) 620-7344
Agency Title: Burns & Co., Inc. REALTORS®
Estimate Your Payment
Estimated Payment
$ 314.65 per month $278.20 Principal & Interest $0.00 Property Tax (data not provided by mls) $36.46 Homeowner's InsuranceChange Payment Information
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82260 Training Center Rd | MLS# 2025021085
This multi-family property located at 82260 Training Center Rd, Folsom, LA 70437 is currently listed for sale with an asking price of $125,000. Training Center Rd is located within the St Tammany Parish school district. Search Folsom real estate on aphillips.burnsandco.com today.