Active
Sale
Land
Agriculture

INCOME PRODUCING FARM, WITH OWNER FINANCING BEING OFFERED

27460 POLO ROAD, Folsom, LA 70437

For Sale

$1,300,000

$43,333.33/ac

Building Size
39,000 SF
Lot Size
30 ac
Parish
St. Tammany
Days on Market
142
Listed
05/11/2026
Updated
08/13/2026
INCOME PRODUCING FARM, WITH OWNER FINANCING BEING OFFERED
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Overview

UPDATED PRICE REDUCTION, OWNER HAS REDUCED PRICE FROM : $1,495,000.00 TO $1,300,000.00, AND WILL FINANCE WITH $300,000.00 DOWNPAYMENT AT THE ACT OF SALE 6.5.% INTEREST RATE, 25 YEAR AMORTIZATION, WITH 36 MONTH CALL. Formerly known as Serenity Farms, now known as Hitch Stables, which h over 208 Animal Stalls, 3 barns, and A 39,000 square foot Arena for horse shows, very expensive to duplicate and currently serves special events events; Two (2) of which are semi-annual shows, that a buyer would receive between $25,000-$30,000.00 dollars. "SELLER MAY FINANCE, INQUIRE THRU LISTING AGENT". In addition: Just within the last Six (6) months the ownership, has contracted with a Horse Trainer, Boarder, that has within the 6 months, leased to & cares for approx. 24 privately owned horses. The Buyer of this offering will be receiving from this Income Producing asset, currently an ACTUAL INCOME of: $300.00 per horse x 24 horses=ACTUAL INCOME OF: $7,200.00 PER MONTH.

PROFORMA INCOME OF: PROFORMA INCOME OF: $47,400.00 PER MONTH OR $568,800.00 PER YEAR, PLUS THE ACTUAL INCOME increase said monthly income, TOTALS: $673,200.00 ANNUALLY. TOTAL POTENTIAL INCOME IF ALL STABLES ARE LEASED OUT, for other type animals. There are Six (6) enclosed Padox arena's for horses to perform. The property also has a just renovated 2,000 square foot home on premise, and in the rear of the property a larger home could be built, where there is a large pond, and several oaks, throughout the entire property.


For Further information, contact listing Broker/Agent: Bryan Pigeon, cell#985)789-1716 Nations Real Estate & Loan Services, L.L.C. Louisiana Director of Commercial Investments, Leasing, Land Acquisition, and Northshore Riverfront Homes & Land Email: bryan.commercialprops@gmail.com Licensed for over 36 Years, by the Louisiana Real Estate Commission

Additional Information

City
Folsom
State
LA
Zip Code
70437
Secondary Uses
Agriculture
Submarket
LACDB - 85
Property Status
Existing
Nearest Interstate
HWY. 1077 & INTERSTATE 12
Distance To Highway
5 mi
Parcel APN
6557896
Listing ID
182b4729

Parcel & Location