Great Investment opportunity! Well established and maintained 36+ acre thoroughbred training facility that can either continue as a thoroughbred operation or can easily be converted to a sport horse facility. The land is beautiful with mature oaks providing much sought after shade. The paddocks boast lush grass with excellent fencing. The home on the property is beautiful with a great outdoor pool area for relaxing. This is a turnkey opportunity with everything you need to operate. There are many ways to provide income from this property to an investor. Two barns are in place, a 28-stall center aisle barn with office and 8 adjacent surgery paddocks , and a 20-stall shedrow and center aisle barn. Additional features of the barn include feed and tack storage, bathroom, wash racks with hot water, fly spray system, and even a Vibe Plate stall with ramp and fan. On the western side of the property is an impressive 5/8 mile irrigated track that includes a 1/2 mile inner turf track for year-round training opportunities, equipped with a 6 horse starting gate, a track viewing stand, and a fully stocked pond at the center. A total of 30 paddocks have been carefully established throughout the property, including several new paddocks in the infield of the track itself. A 60’ European hotwalker with water system and crushed rubber footing is also on property, as well as a large workshop with an air conditioned break room and additional storeroom with washer and dryer, ice maker, and all tools. This farm has ample potential to be transformed for any horse discipline with a little vision. Providing the perfect place to keep an eye on the goings-on of the farm is the attractive 2-bedroom, 2-bath log cabin home. The spacious home features an open, split-bedroom floor plan with high cathedral ceilings, a rustic wood-finish, and a variety of extras. The kitchen is well-equipped with ample cabinet space, a gas stove, convection oven, breakfast bar, and much more. While both bedrooms are spacious, the master suite is particularly desirable with skylights, cathedral ceilings, and a private en-suite with garden tub. The loft space also provides the opportunity for a potential 3rd bedroom or use as a guest space. To the back of the home is a true oasis– fully fenced, the large backyard features stunning landscaping, a sparkling in-ground pool and spa, a spacious pool deck, and an outdoor grilling station, and large trellis system that provides shade from flowering plants. A full-house generator provides the option to keep things running during a power outage and also powers the water to the barns. Wifi covers the entire farm, and there’s a full camera security system for added peace of mind– you can even watch horses train on the track! An RV hookup is also established on-property for additional accommodation options, and includes direct access to the septic. Just minutes from Majestic Oaks and the Ocala Jockey Club, which was recently acquired by the World Equestrian Center, this stunning training center provides the perfect foundation for a growing thoroughbred operation!
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NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,840,000 | $1,840,000 | $1,840,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 7.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.968% | 7.228% | 7.292% |
Monthly Tax Payment | $732 | $732 | $732 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,552 | $12,396 | $16,667 |
Total Monthly Payment | $13,409 | $13,253 | $17,524 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.