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.
Multi-familyProperty Type
0.71 acresLot Size
$10Price/Sq.Ft.
$250/moHOA Dues
4 spacesParking
Listed by Steven Hayden• Southland Properties Inc
Bought with Steven Hayden• Southland Properties Inc
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.
GBRMLS #2025001130
Jun 14, 2025
Price Changed
$155,000
$13/sq ft
Jan 17, 2025
Listed
$175,000
$15/sq ft
AcadianaMLS #BR2025001130
Jun 14, 2025
Price Changed
$155,000
$13/sq ft
Jan 17, 2025
Listed
$175,000
$15/sq ft
GSREIN #2299767
Jul 12, 2021
Sold
*
Jun 15, 2021
Pending
—
May 14, 2021
Listed
$143,000
$12/sq ft
AcadianaMLS #NO2299767
May 14, 2021
Listed
$143,000
$12/sq ft
GSREIN #1
Nov 29, 2020
Price Changed
$143,000
$12/sq ft
AcadianaMLS #NO2246177
Mar 25, 2020
Listed
$143,000
$12/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
St. Tammany Parish
APN
7043782260TrainingCenterRD13
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 6, 2023.
Property details
Parking
Parking/Garage Information
# of Parking Spaces Total: 4
Interior
Heating & Cooling
Cooling: None
Heating: None
Interior Features
Appliances: Electric Cooktop
Exterior
Building Information
Construction Materials: Wood Siding, Frame
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Apt Complex (5+ Units)
Lot Information
Lot Size Dimensions: 150 x 230
Lot Size Area: 30,927.6
Lot Size Acres: 0.71
Utilities
Utility Information
Water Source: Public
Sewer: Septic Tank
Location
HOA Information
Has Homeowners Association
Association Fee: $3,000
Association Fee Frequency: Annually
Derived Association Fee (Monthly): $250
Schools Information
Elementary School District: St Tammany Parish
Middle Or Junior School District: St Tammany Parish
High School District: St Tammany Parish
Location Information
Subdivision Name: Folsom Thoroughbred Training
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: St. Tammany Parish
APN: 7043782260TrainingCenterRD13
Home facts updated by county records on Apr 6, 2023
Other
Listing Information
List AOR: GBRAR
Around this home
Schools
Folsom Elementary School
Public PreK-5 • Assigned • 1.5mi
9/10
Folsom Junior High School
Public 6-8 • Assigned • 0.3mi
9/10
Covington High School
Public 9-12 • Assigned • 10.5mi
5/10
Provided by GreatSchools
Historical weather
Folsom, LA • 70437
Average low and high temperatures (°F)
60
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48
77
53
81
60
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89
69
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60
74
54
66
45
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.9 hrs
8.6 hrs
JuneDecember
Provided by Shadowmap
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