Details
Uncommon investment opportunity! 160+ acres of land with diversified income. Two residential rentals, a large operating equestrian tenant, and farming income (~$150,000; leases and financials available upon accepted offer). Buy and hold until subdivision development demand arrives, or develop a lower-density equestrian community, or sell off the lower 80 acres per the Harper's Place Plat (see documents), and/or recondition the upper 80 acres as a grand equestrian estate. Eight 10-acre lots represent half of the price, as 10-acre lots sell for $20K+/acre in this area. The interim income more than supports the balance. DEVELOPERS - reserve this ideal location for a phased subdivision with reduced carrying costs. The seller wants a deal on the whole. Please do not approach or bother occupants or interfere with the business operation.