This is a steel trailer, excellent mechanical condition. I have the breaks and undercarriage gone through every spring and this trailer has no issues. Tires are in great condition. It can be an open stock or you can put the two partitions in to make it a three horse slant. It does have an escape door and a small up front tack room. Does come with mats. There is some surface rust and some of the wood paneling on the inside (used to protect the walls) could stand to be replaced due to weathering. Does come with mats and a spare. Clear title in hand.