Folsom, LA 70437,82260 Training Center Rd
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Folsom, LA 70437,82260 Training Center Rd
Folsom, LA 70437,82260 Training Center Rd
Folsom, LA 70437,82260 Training Center Rd
Folsom, LA 70437,82260 Training Center Rd
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Christian Matherne

Christian Matherne

Pennant Real Estate

+1(225) 206-7438
$ 155,000
Est. payment /mo
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Active

82260 Training Center Rd Folsom, LA 70437

12,000 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apt Complex (5+ Units)

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $12

Subdivision Folsom Thoroughbred Training

MLS Listing ID 2025001130

HOA Fees $250/ann

HOA Y/N true

Lot Size 0.710 Acres

Property Sub-Type Apt Complex (5+ Units)

Property Description

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.

Location

State LA

County St Tammany

Interior

Heating None

Cooling None

Appliance Electric Cooktop

Exterior

Garage Spaces 4.0

Private Pool false

Building

Foundation Other

Sewer Septic Tank

Water Public

Schools

Elementary Schools St Tammany Parish

Middle Schools St Tammany Parish

High Schools St Tammany Parish

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition As Is


Listed by Southland Properties Inc

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Christian Matherne

Team Leader | License ID: 0995699702

+1(225) 206-7438

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