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Income-producing agricultural and community business property situated on 7. 58 acres with direct frontage on W Highway 40 ONLY 4. 5 MILES TO WORLD EQUESTRIAN CENTER. The land is improved with extensive animal and agricultural infrastructure, including multiple barns, stalls, paddocks, perimeter fencing, carports, and related support structures, allowing for immediate use without the need for ground-up development. A 3-bedroom, 2-bath manufactured residence is located on site, suitable for owner occupancy, staff housing, or operational support. The property is currently configured to support animal-based and recreational agricultural uses and offers flexibility for a variety of owner-user or investment strategies. Zoning includes A-1 General Agriculture with a confirmed B-2 Community Business component, providing flexibility for commercial and community-oriented uses. Paved road access and high visibility along Highway 40 further enhance accessibility and exposure. This offering presents an uncommon combination of acreage, existing improvements, zoning flexibility, and highway frontage in a single property. Business opportunity can be bought turn key including all or some of the 135 animals on site. Buyer to verify room sizes of mobile home and permitted uses and financial information. More Pics Coming Soon!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,295,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $1,036,000 | $1,036,000 | $1,036,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.750% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 5.858% | 5.787% |
| Monthly Tax Payment | $91 | $91 | $91 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,721 | $6,046 | $8,534 |
| Total Monthly Payment | $5,937 | $6,262 | $8,750 |
* 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.