Horse Properties International

Established Facility for the Serious Equestrian on 9+ Acres

167 Old Stagecoach Rd
Gilbert, Pennsylvania 18331
United States

Information135 Views

  • Price: 999,000 USD Property Area: 9.77 Acres
  • Property Type: Home with existing horse facilities Property Use: Hobby Farm, Hunter Jumper, Dressage, Polo, Reining Horses, Riding School, Western Riding, English Riding, Retired Horses, Horse Rescue, Gaited Horses, Horse and Buggy, Breeding Facility, Therapeutic Riding School, Dude Ranch
  • Special Amenities: Pool, Guest Quarters Utility Type: -
  • Bedrooms: 9 Bathrooms: 6.00
  • Age: 1985 House Area: 5,105 Sq. Ft.
  • For Sale By: Realtor Architectural Style: 2 Story Saltbox Style

Descriptions

Established facility for the serious equestrian.

MAIN RESIDENCE
The Saltbox style home has 4 bedrooms & 3 bathrooms. Wood floors throughout main & 2nd floors. Master bedroom/sitting area combo on 2nd floor. Loft area can be used as an office or exercise room. The kitchen was updated 7 years ago & features granite counter tops, stainless steel appliances & tile flooring. Bathrooms have been updated with new tile & granite sinks. The basement contains separate living quarters with kitchen, living room, bedroom & updated ¾ bathroom - perfect for an in-law suite or housing stable manager or groom. 2 car detached garage.

APARTMENT COMPLEX
Consists of well-maintained 2 two bedroom units & 1 one bedroom unit + shared laundry facility. Separate septic system for apartment complex. Excellent rental history with a group of stable & good tenants who would like to stay on.

STABLE COMPLEX
Handsomely appointed box stalls. Beautiful & spacious indoor riding arena with heated lounge. Grooming/tack area conveniently situated at entrance of indoor ring. Restroom, hot walker, 6 paddocks. Footing in indoor ring belongs to current tenant & will be removed in August when tenant leaves. She will replace with basic footing or sell footing to new owner. Pond in rear of property. Ample parking for both cars & trailers

Separate 9 stall barn + shed row with stalls that can be used for quarantine. Separate outbuildings to house sawdust & equipment.

Although there are 40 stalls in total, current Nutrient Management Program (NMP) allows for 20 horses on the property- this can change depending on number of pastures in use. The NMP can be purchased from current tenant. Details on file.

Enjoy the income this property produces! Annual gross rent of $63,600 which includes rent of stable complex. Rent is way below market value - projected increase in rent is between 8-9K more per year. Could never build all the infrastructure at this price! Non-conformance agreement for zoning.

Large barn & indoor arena on separate meter.
Upper barn, outside lighting, garage, & well pump & laundry room on separate meter.

Proof of financial qualifications must be sent to listing broker prior to any showings. Thank you.

LIST OF EXCLUDED ITEMS THAT BELONG TO TENANT WHO IS RENTING OUT STABLE IS ON FILE.

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