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.
For sale
$135,000
82260 Training Center Rd, Folsom, LA 70437
2beds
--baths
12,000sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$11/sqft
$250/mo HOA
What's special
Feed roomWashing stationUtility and tack roomFully functioning walking wheel
- 38 days |
- 274 |
- 9 |
Zillow last checked: 8 hours ago
Listing updated: December 11, 2025 at 01:54pm
Listed by:
Steven Hayden,
Southland Properties Inc 225-751-0093
Source: ROAM MLS,MLS#: 2025021085
Tour with a local 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: 15949
- 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: $3,000 annually
Location
- Region: Folsom
Financial & listing details
- Price per square foot: $11/sqft
- Tax assessed value: $25,000
- Annual tax amount: $321
- Price range: $135K - $135K
- Date on market: 11/17/2025
- Listing terms: Cash,Conventional,Owner Will Carry
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/17/2025 | Listed for sale | $135,000-12.9%$11/sqft |
Source:  ROAM MLS #2025021085 Report a problem | ||
| 11/1/2025 | Listing removed | $155,000$13/sqft |
Source: ROAM MLS #2025001130 Report a problem | ||
| 6/14/2025 | Price change | $155,000-11.4%$13/sqft |
Source: ROAM MLS #2025001130 Report a problem | ||
| 1/17/2025 | Listed for sale | $175,000+22.4%$15/sqft |
Source: ROAM MLS #2025001130 Report a problem | ||
| 7/12/2021 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $321 -8% | $2,500 |
| 2023 | $349 +0% | $2,500 |
| 2022 | $349 +0.2% | $2,500 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$899/mo
Principal & interest
$523
HOA Fees
$250
Other costs
$126
Climate risks
Neighborhood: 70437
Nearby schools
GreatSchools rating
- 8/10Folsom Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 9/10Folsom Junior High SchoolGrades: 6-8Distance: 0.3 mi
- 5/10Covington High SchoolGrades: 9-12Distance: 10.7 mi
Schools provided by the listing agent
- District: St Tammany Parish
Source: ROAM MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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