82260 Training Center Rd, Folsom, LA 70437

$120,000
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Sold Price
$120,000
List Price
$125,000
Closing Date
Apr 28, 2026
MLS#
2025021085
Status
CLOSED
Type
Multifamily
Acres
0.71
Parish
St. Tammany
Subdivision
Other
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(941) 350-3176

Property Description

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.

(941) 350-3176
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Additional Information

Hoa Fee
$3,000
Sewer
Septic Tank
Water
Public
Appliances
Electric Cooktop
Heating
None
Cooling
None
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Listing courtesy of Southland Properties Inc. Selling Office: Southland Properties Inc.

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