Faith Farms Retirement Dispersal Auction in Elm Grove LA, #62318

Status:Sold
Closing Price:
$1,300,000
Closing Date:8/1/2018
Price / Acres:$0.00
Total Land Area:50 acres (20.23 hectares)
Pasture:42.82 acres (17.33 hectares)
Land for Riding:0 acres (0 hectares)
Horse Riding Arena:Inside 165x220 / Outside 165x220
Riding Trails:No
Wash Rack:Yes
Box Stalls:15 box stalls
Tack Room:Yes
House Sq Ft:2,154 sq. ft.
House Bedrooms:3 beds
House Bathrooms:2 baths
Location:
1145 Hwy 527
Elm Grove, Louisiana, 71051
Southeast region
Virtual Tour:Click Here To View
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Additional Horse Ranch For Sale Information

AUCTION

Faith Farms Retirement Dispersal Auction

Real Estate, Homes, Equipment, Income Producing Property

After 35± years in business, Mr. Larry an Mrs. Debra Roberts have decided to retire. Bonnette Auctions Louisiana Outdoor Properties Auction and Real Estate Group will be offering the following real estate and equipment at public auction live and online Saturday June 23rd 9am.

The property has a nice home, horse barn, with stalls, office complex, hay barns, hunting mancave log cabin, open riding arena, and enclosed riding arena with heated and cooled wedding venue facility with commercial kitchen, an income producing storage lock facility and cell phone tower, bunk house and separate mobile home, all nicely situated on 50± acres of improved pasture. This property is conveniently located just 8 miles south of Bossier City, in the country in the Elm Grove community.

The property will be offered at live auction separately and then offered in its entirety. Equipment and furnishings will also be sold. The tracts to be sold and property descriptions are as follows:

Tract 1- 83 storage units and a cell phone tower rental contract situated on 1.726± acres. The storage units are approximately 20% occupied with an average income of $5,000± per month. The cell tower return $900± per month. There is a right of first refusal to Verizon Wireless on the sale of the tower contract. Buyer of tract 1 will have to honor this lease and right of first refusal to Verizon. Copy of contract lease will be available for review on the documents page. Grain bin on this tract will be sold separately to be moved.



Tract 2- 2,000± sq.ft. double wide mobile home with 4 bedrooms and 2 baths situated on 12.51± pastured and fences acres with frontage on HWY 527.



Tract 3- 4.31± acres with a 2,154 sq.ft. log home with 3 bedroom 2.5 baths with large porches, barn with horse stalls and lab, hay barn, separate office with storage and parking, log cabin man cave hunting building, and much more. The home is energy efficient with solar panels, city water, and a 100KW Onan natural gas generator that runs the whole complex.



Tract 4- 26± acres with a 165 x 220 covered arena consisting of 36,000± sq.ft. under roof. 8,000± sq.ft. of this building is heated and cooled with a reception and dining hall used for weddings and events. This area has a complete commercial kitchen, dining hall, event hall, restrooms, brides room, and stage area overlooking the arena. The open arena portion has a feed room, washrooms, and penning areas, with Big Ass fans, and stadium seating. There is also a 2-bedroom bunkhouse and 30 x 72 shop and apartment, and 40ft container w/ A/C with this tract.



Tract 5- This tract is a combination of tracts 1 through 4 in their entirety sold in one tract.







Past income generators for this property:



Storage Buildings Rental
Cell Tower Rental
Grain Bin / Deer Corn / Feed
Corn Maze
Haunted House
Rodeo
Weddings / Event Rentals


Additional information, plats, mapping, surveys, and equipment for sale list will be in the documents section on our website under this auction listing.



OPEN HOUSE Sunday June 3rd 2-4pm.



For more information call Chris Lemoine, Barbara Bonnette, or Todd Cloinger. Louisiana Horse Ranch For Sale. Elm Grove Louisiana Horse Ranch For Sale. Horse Ranch for sale in Elm Grove Louisiana.

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This horse ranch and horse farm in Elm Grove Louisiana, southeast region, closing price is $1,300,000. The Elm Grove Louisiana horse ranch has 50 acres (20.23 hectares) total land area, pasture has 42.82 acres (17.33 hectares), riding area is 0 acres (0 hectares), has a inside horse riding area, has a outside horse riding area, does not have horse riding trails and has a wash rack. Elm Grove Louisiana horse farm includes a residence with 2 1/2 baths 2,154 square feet. Faith Farms Retirement Dispersal Auction in Elm Grove LA.