82260 TRAINING CENTER RD, Folsom, LA 70437
$125,000
Property Type:
MultiFamily
Square Footage:
12,000
Lot Size (sq. ft.):
30,928
Status:
Active
Current Price:
$125,000
List Date:
11/17/2025
Last Modified:
2/10/2026
Description
OWNER FINANCING AVAILABE! Exciting Investment Opportunity with excellent cashflow and potential for more! This barn is equipped with 20 stalls, washing station, feed room, utility and tack room, a fully functioning walking wheel, and a huge hay loft for storage or to add more apartments of additional income! Stalls currently rent for $150 per month per stall for a potential of $3000 per month. The 1 bedroom 1 full bath apartments upstairs rent between $350-400 per unit with one unit currently rented with a long term tenant at $400 per month. Purchase of the property grants access to a fully operating and maintained 3/4 mile racetrack with starting gates.
Supplements: ********
More Information MLS# BR2025021085
Listing Info
Delayed Marketing: No
List Price/SqFt: 10.42
Status: Active
Listing Date: 2025-11-17
Listing Price: 125000
Current Price: $125,000
Modification Timestamp: 2026-02-10T00:03:49Z
Photo Modified: 2026-02-07T19:48:23Z
Location, Tax & Legal Info
School District: St Tammany Parish
Legal Desc: Condominium Unit 13 in Folsom Thoroughbred Training Center
General Property Description
Lot Dimensions: 150 x 230
SqFt - Total: 12000
SqFt - Source: Approximate
Total Parking Spaces: 4
# Heat Units: 0
# AC Units: 0
Individual Metered?: No
Mineral Rights: Conveyed
Assn Fee $: 3000
Assn Fee Terms: Yearly
Number of Units: 22
Acres: 0.71
Remarks & Misc
Remarks: OWNER FINANCING AVAILABE! Exciting Investment Opportunity with excellent cashflow and potential for more! This barn is equipped with 20 stalls, washing station, feed room, utility and tack room, a fully functioning walking wheel, and a huge hay loft for storage or to add more apartments of additional income! Stalls currently rent for $150 per month per stall for a potential of $3000 per month. The 1 bedroom 1 full bath apartments upstairs rent between $350-400 per unit with one unit currently rented with a long term tenant at $400 per month. Purchase of the property grants access to a fully operating and maintained 3/4 mile racetrack with starting gates.
Office/Member/Contract Info
List AOR: GBRAR
Currently Not Used
Acreage Range: 0.51 - 0.99
Siding
Wood: 1
Construction
Frame: 1
Foundation
Other: 1
Heating
None: 1
Cooling
None: 1
Appliances
Electric Range: 1
Financing
Cash: 1
Conventional: 1
Owner Finance: 1
Originating Details
Originating System ID: ROAMP
Originating System Key: 2025021085
Originating System Listing ID: 2025021085
Originating System Name: ROAM Paragon
Location Tax Legal Info
Street Number: 82260
Street Name: TRAINING CENTER RD
Parish: St. Tammany
State: LA
Zip Code: 70437
Tax Assessment Number: 9999
Property Features
Siding: Wood
Construction: Frame
Foundation: Other
Heating: None
Cooling: None
Appliances: Electric Range; Electric Range
Financing: Cash; Conventional; Owner Finance
Listing Office:
Southland Properties Inc
IDX
Last Updated: February - 10 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.