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.
For sale
$175,000
82260 Training Center Rd, Folsom, LA 70437
2beds
--baths
12,000sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$15/sqft
$21/mo HOA
What's special
Feed roomWashing stationHuge hay loftUtility and tack roomFully functioning walking wheel
- 146 days
- on Zillow |
- 275 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: May 24, 2025 at 09:20am
Listed by:
Steven Hayden,
Southland Properties Inc 225-751-0093
Source: ROAM MLS,MLS#: 2025001130

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
Heating
- None
Cooling
- None
Appliances
- Included: Electric Cooktop
Interior area
- Total structure area: 12,000
- Total interior livable area: 12,000 sqft
Property
Parking
- Total spaces: 4
Lot
- Size: 0.71 Acres
- Dimensions: 150 x 230
Details
- Parcel number: 1050062073
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding, Frame
- Foundation: Other
Condition
- New construction: No
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Folsom Thoroughbred Training
HOA
- Has HOA: Yes
- HOA fee: $250 annually
Location
- Region: Folsom
Financial & listing details
- Price per square foot: $15/sqft
- Tax assessed value: $25,000
- Annual tax amount: $349
- Price range: $175K - $175K
- Date on market: 1/17/2025
- Listing terms: Cash,Conventional
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