Established Equestrian Facility For Sale in Chestnuthill Township, Gilbert

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For the Serious Equestrian

•  5105 sqft , 6 bath , 9 bdrm 2 story FOR SALE  USD999,000 .

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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Other For Rent/Lease in Chestnuthill Township

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•  1 bath other “Half of the barn – 15 stalls” FOR RENT  USD2,000 ML .

Rare opportunity to rent 15 stalls at this nicely set-up equestrian facility on 33+ acres! Enjoy riding in one of the largest indoor rings in area measuring 70 x 170. 17×45 heated viewing room w/ office, wash stalls, grooming stalls & tack rooms. Women & men’s restrooms. 2 outdoor fenced riding rings, one is 90 x 180 & the other is 150 x 300 & has a judge’s booth. 10 fenced pastures & a pond. The 15 stalls to be rented: half of the barn on right side when facing barn. Paved driveway – plenty of room for trailer turn-around.

Tenant will have use of all paddocks & riding arenas, hayloft, feed & tack (purchaser will have the option of changing usage). Farm will remain for sale. Living quarters are not included.

Tenant is responsible for stall maintenance. Electric for Barn to be put in tenants’ name. Tenant must carry insurance of 1 million liability and must give landlord an accord form naming Landlord as additionally insured before moving horses onto the property. Tenant also needs to carry care, custody and control insurance. If insurance lapses at any time Tenant will not be able to conduct any business and boarders of tenant will not be able to ride their horses.

If tenant uses bulk sawdust, it must be stored away from the building. Bagged shavings can be stored in the hayloft or storage area by indoor arena. Tenant responsible for removal of their garbage. Landlord will be responsible for plowing a path in front of barn. Tenant will be responsible for plowing the parking lot or any additional area tenant may want. Landlord will be responsible for mowing front side of barn and area in front of houses. Tenant will be responsible for all paddock and riding arena maintenance including mowing in and around riding rings and paddocks.

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Horse Farm with Large Indoor, 2 Outdoors, Colonial Home on 33+ Acres

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•  3200 sqft , 3 bath , 3 bdrm 2 story “Colonial” FOR SALE  USD1,050,000 .

Nicely set-up equestrian facility on 33 acres boasts one of the largest indoor rings in area measuring 70 x 170. Rear wooden wall can be removed to add 17 more feet to length. 32 matted box stalls + 8 additional stalls. 17×45 viewing room, wash stalls, grooming stalls & tack rooms. Large outdoor arena where shows used to be held + 2nd ring. Colonial home w/ 3 bedrooms & 3 bathrooms. Another house on premises owners use only for storage due to zoning restrictions.

PROPERTY:
– tree lined 33.43 acres
– paved driveway – plenty of room to turn-around large trailers
– rolling meadows
– pond
– property is in Act 319

EQUESTRIAN FACILITES:
– center isle main barn with 32 matted stalls (6 can be used as foaling stalls)
– large attached 70 x 170 indoor riding arena with skylights & multiple entrances from stable. New roof installed 2020.
– 17×45 heated viewing lounge with brick fireplace, tack, feed rooms & office
– wash stalls with hot & cold water, grooming stalls and tack rooms
– 8 additional stalls behind the indoor arena + 2 pony stalls
– 2 outdoor fenced riding rings, one is 90 x 180 and the other is 150 x 300 & has a judges booth
– 10 fenced pastures
– several frost free hydrants
– several trails around the perimeter
– female & male restrooms
– run-in shed in paddock near outdoor ring

COLONIAL HOME
– 2 story, 3 bedrooms & 3 baths
– formal dining room w/ recently refinished hardwood floors
– formal living room
– open concept kitchen with tile flooring & double sink
– family room w/ recently finished floors & brick-faced gas fireplace
– office on first floor
– laundry on first floor
-deck with views
– master bedroom w/ walk-in closet & full bathroom
– full walk-out basement (finished room in basement with closet)
– walk-up attic
– additional house used only for storage due to zoning (has buried oil tank)
– central air
-3 zone heat

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