3732 Roy Parks Road
$1,999,000
3732 Roy Parks Road, Gainesville, GA 30575
14
Cap Rate
236,000
NOI
Details:
Highlights:
- Lot Features: Level, Private
- Gross Income: 336000
- Number Of Buildings: 9
- Bathrooms Total: 0
- Documents Available: Aer Photo, Legal Desc, Prof/Loss
- Cooling: Ceiling Fan(s), Central Air
- Heating: Central, Electric, Forced Air
- Electric: 110 Volts, 220 Volts
- Flooring: Carpet, Hardwood, Vinyl
- Construction Materials: Wood Siding
- Parking Features: Parking Lot
- Accessibility Features: None
- Security Features: Closed Circuit Camera(s), Security Gate, Security Lights
- Buyer Agency Compensation: 3.00
Description:
‘YELLOWSTONE COMES TO ATLANTA’! Rare to market, crown-jewel 87 acre fully-boarded professional equestrian farm (Honey Bee Farms) located in Hall County in Gainesville area... Enjoy some of the most beautiful, enchanting rolling pastures nature has to offer. Professionally run- pristine condition facility by owner/operator, this stunning landmark property has a 5-star Google area reputation- with over 40 customers on a current waiting list to enter!! Features are: (25) 12’x12’ stalls (with auto-on fan systems) generating approx $600/mo each; (18) pasture horses generating approx $400/mo each. (1) cottage house that can rent approx $1,800/mo; (1) 3BR/2BA home generating approx $1,200/mo; and a third home that owner occupies, 3BR/3BA that can generate approx $2,000/mo. All three homes on individual meters... Total annual revenue potential [with all houses rented too] $336,000+. And there is plenty of room for add’l pasture space too for more monthly receipts! Property is lined by fast-moving stream. There are 2 ponds (one spring-fed). Pristine, olympic-size lit arena that is “showcase” quality! (5) paddocks. (4) tack rooms to accommodate 100 saddles. (2) wash stalls with hot water. (3) feed rooms. Freestanding hay & equipment barn. Backup generator system. Well-fed water system, which means low utility bills... Guest bathroom. New for 2022 additional $1,200 monthly income from lessons (trainers required to hold their own liability insurance)... Add additional revenue potential by hosting weddings; ABNB; etc... Plenty of room to grow for years to come! Short drive to Interstate I-85 and I-985. This turn-key equestrian farm is among the highest-quality, professionally run you can find in GA- with a reputation and name that is known throughout N. Atlanta. New price adjustment makes this a very attractive acquisition...
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