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$4,500,000
Est. payment /mo
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Key Details
Property Type Commercial
Sub Type Recreational
Listing Status Active
Purchase Type For Sale
Subdivision Spring Mill Farms
MLS Listing ID 10231537
Year Built 1992
Annual Tax Amount $10,572
Property Sub-Type Recreational
Property Description
For decades, Spring Mill Farm has reigned among the Mid-South's finest equestrian estates and stands as the largest in the Memphis area. The lighted indoor arena offers Macro Air fans and an elegant, climate-controlled viewing lounge. Refined barns feature generous premium stalls, climate-controlled office and tack rooms, medicine and feed rooms, wash stalls, a TheraPlate. Four Board-fenced paddocks, an equine treadmill and rehab and therapeutic turnout areas elevate equine care. A newly built groundskeeper residence, an apartment, camper hookups, a hay barn and room for more barns to be added. A rare versatility. Equipment conveys. This Property and Business is being sold together, currently at a 6.28% Cap Rate. Financials Provided to serious Buyers please contact Fara Captain for more information. Owner Financing is available. A celebrated turnkey hunter/jumper legacy minutes from Germantown, A once-in-a-generation opportunity!
Location
State TN
County Shelby
Area Mt Pisgah - East
Zoning CA
Interior
Heating Other (See Remarks)
Cooling Other (See Remarks)
Flooring Other (See Remarks)
Inclusions All Equipment, All Furnishings, Building and Land, Business Name, Signage
Exterior
Parking Features 16-30 Spaces, Asphalt/Blacktop, Gravel
Roof Type Metal
Building
Story 1
Foundation Slab
Water Other (See REMARKS)
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Listed by Fara Captain • Zeitlin Sotheby's Internation
Nearby Locations
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