167 Old Stagecoach Road, Gilbert, PA 18331
Description
Supplements: 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 previous tenant - she will replace w/ 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 previous 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.
More Information MLS# PM-98909
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