Under contract-accepting backup offers. This exquisite 244. 23 +/- acre horse training facility offers a turnkey equestrian experience! Located in NW Marion County, only 10 miles from the World Equestrian Center and 10 miles to OBS Sales.
The training facility is complete with 6 Barns- 198 Stalls consisting of a (2) 40-stall center aisle barns, a 38-stall shed row barn, a 24-stall shed row barn, a 30-stall shed row barn, and a 26-stall shed row barn. This property would work for any discipline.
Opportunity to train your horses on either dirt or turf surfaces. 1 +/-mile irrigated dirt racetrack, plus there is a 7/8 mile +/- turf track. Enjoy watching your horses from the viewing stand.
Watching Park Farm, horse property, is a horse trainer’s dream with all the amenities needed for your equestrian operation. Amenities on the farm include an Equestrian swimming pool with a deck and PVC fenced exterior for safety, (7) European walkers, (12) round pens, (3) riding arenas, (42) lush green paddocks, automatic waterers, an office, (2) workshops/storage buildings, a gated entrance, underground piping for water/sewer lines, and ornamental landscaping.
The property is fenced and cross-fenced with 4 and 5-board fencing. The property has beautiful building sites to build your dream home overlooking the farm.
The equestrian facilities are top-notch, with all the amenities needed for top-quality thoroughbred or the breed of your choice equestrian training operations. The farm has a rich history of graduates, which includes 1 horse of the year, 7 Eclipse champions, 2 Kentucky Derby winners, 3 Preakness winners, 1 Belmont winner, 9 Breeders Cup winners, 43 individual Grade 1 winners, and a vast number of Grade 2 & Grade 3 winners.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$9,750,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $7,800,000 | $7,800,000 | $7,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $923 | $923 | $923 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $49,944 | $49,944 | $68,484 |
Total Monthly Payment | $50,992 | $50,992 | $69,532 |
* 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.