Horse Stables or Residential Development

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Horse Stables or Residential Development

Business Description

This property has been home to Turner Stables for the past 20 years and the owners are ready to retire. The 47+ acres are mostly level with some gentle slopes and a stocked pond. It is well suited for a residential development. This property offers the feel of "country living" with a convenient location near the north end of Green River Road. It has easy access to a variety of dining, shopping and entertainment. Electric, city water & sewer are on the property (no gas). Gas is available along Petersburg Rd.

This property is also available as a horse training/boarding business. The main barn has 27 stalls, wash rack with stocks, 2 tack rooms, a viewing room, rest room, feed room, grain auger and office. Attached is an 80 x 160 indoor arena with sand/dirt base. There are 2 outdoor riding arenas: 125 x 250 and 150 x 300. There are 3 large fenced pastures with loafing sheds and 4 additional paddocks for turn out, with 3-sided sheds each. The other pole barn has 13 additional stalls, a hay loft, shavings bin and equipment storage. The third building is a 4,000sf house with 5 bedrooms, 4.5 bathrooms, 2 full kitchens, 2-car garage and large attic storage.

Either way, this is a "must see" opportunity.

About the Business

Location:
Daylight, Indiana
Year Established:
1998
Real Estate:
Owned
Building Sq. Ft.:
28,736
Facilities:
There are 3 buildings that make up the total of 28,736 sf.
Website:
www.facebook.com/Tunerstables
Market Outlook/
Competition:
Great location
Growth & Expansion:
This is a growing area with good schools and conveniently located.
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About the Sale

Reason For Selling:
Retirement

Listing Info

ID:
1602646
Ad Detail Views:
0

Attached Files Attachment Disclaimer

  Executive Summary (5 MB)
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Asking Price:
$1,041,480

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$1,041,480
included in asking price

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