For the Serious Equestrian

Ad Type
For Sale
Ad Status
United States

Property For Sale in Gilbert, PA

Open House for 2 Major Horse Farms in Chestnuthill Twp, PA. 167 Old Stagecoach Rd & 827 Pheasant Run Rd. Saturday, October 22nd 12-3 pm (Rain date Sunday Oct 23rd 12-3 pm). Here's your chance to preview 2 of Monroe County's most outstanding equestrian facilities. Start at either farm & drive 4 miles to the 2nd one. RAFFLE FOR $100 GIFT CERTICATE AT TACK SHOP (drawing will be held at 3pm). Refreshments will be served. Established facility for the serious equestrian. MAIN RESIDENCE The Saltbox style home has 4 bedrooms & 3 bathrooms. Wood floors throughout main & 2nd floors. Master bedroom/sitting area combo on 2nd floor. Loft area can be used as an office or exercise room. The kitchen was updated 7 years ago & features granite counter tops, stainless steel appliances & tile flooring. Bathrooms have been updated with new tile & granite sinks. The basement contains separate living quarters with kitchen, living room, bedroom & updated ¾ bathroom - perfect for an in-law suite or housing stable manager or groom. 2 car detached garage. APARTMENT COMPLEX Consists of well-maintained 2 two bedroom units & 1 one bedroom unit + shared laundry facility. Separate septic system for apartment complex. Excellent 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 current tenant & will be removed in August when tenant leaves. She will replace with 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 current 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 LIST OF EXCLUDED ITEMS THAT BELONG TO TENANT WHO IS RENTING OUT STABLE IS ON FILE

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