Combination Ranch and Wedding Venue! Several Incom
Tennessee, Rutherford  ad ref. HT131F765  -  by mstriplewillows  -  986 views
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Or equestrian/residential facility only for $470,000

Willing to sell all or part. Secluded 47 acre tract with Morton built barn/house combination, includes a 60 x 120 indoor arena, 8 stalls, workshop, attached hay leanto storage, inground pool, cottage, Pavillion, Cabana House with extra apartment upstairs. All this for only $850,000! Income from several different sources: boarding (pasture and full board - $43,200 per year average), Overnight Stabling Directory member ($2,500 per year income average), Wedding and Event Hosting income ($20,000 per year average), rental income ($15,000 per year, not including the main house 2600 s.f.). - A total of over $80,000 income generated per year. Wedding and Event Business could be very easily expanded to generate even a greater return. Website (www.chevalmanor.com) would be included for free with full sale.

As another option, Cheval Manor Ranch could be divided into 2 tracts: the Equestrian Tract and the Event Hosting Tract. I would be very interested in holding onto the Event Hosting business, since it's fun, easy and profitable. Price of the Equestrian Tract would be approximately $470,000 and would include approximately 20 acres, the main barn/home combination, the inground pool, workshop and leanto storage shed. Applicants in this scenario MUST be very neat, organized, clean, hardworking, and exhibit exceptional pride of ownership, because the success of my Event Hosting business would be dependent upon the overall maintenance and presentability of the whole property. See our website (www.chevalmanor.com) for more information and TONS of photos!

May consider owner financing with substantial down (30%).
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Trade: Karen B.
Cheval Manor Ranch
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Cheval Manor Ranch
Ad Type:For Sale
Status:Available
Property Type:Ranch
Category:Horse Ranch
Bedrooms:3.00
Bathrooms:3.50
Lot Size:47.00 Acres
County:Rutherford
Country:United States of America
Price:$ 850,000
Location:Murfreesboro, TN 37127


 
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