Price Reduction - Water Views
Address
3732 Roy Parks Road Gainesville, GA
Price
$ 2,299,000
Property Attributes
- MLS#7036841
- TypeMulti-Family
- CountyHALL
- CityGainesville
- Zip30575
- Style
- Year Built1953
- Taxes$ 9707
- Price$ 2,299,000
- Bedrooms25
- Full Bathrooms25
- Half Bathrooms0
- Lot Size86 Acres
Listing Provided Courtesy Of:
Realty Gold Team
Data Source:
First Multiple Listing Services (FMLS)
Property Description
‘YELLOWSTONE COMES TO ATLANTA’! Rare to market, crown-jewel 87 acre fully-boarded professional equestrian farm (Honey Bee Farms) located in Hall County in Gainesville area... Enjoy some of the most beautiful, enchanting rolling pastures nature has to offer. Professionally run- pristine condition facility by owner/operator, this stunning landmark property has a 5-star Google area reputation- with over 40 customers on a current waiting list to enter!! Features are: (25) 12’x12’ stalls (with auto-on fan systems) generating approx $600/mo each; (18) pasture horses generating approx $400/mo each. (1) cottage house that can rent approx $1,800/mo; (1) 3BR/2BA home generating approx $1,200/mo; and a third home that owner occupies, 3BR/3BA that can generate approx $2,000/mo. All three homes on individual meters... Total annual revenue potential [with all houses rented too] $336,000+. And there is plenty of room for add’l pasture space too for more monthly receipts! Property is lined by fast-moving stream. There are 2 ponds (one spring-fed). Pristine, olympic-size lit arena that is “showcase” quality! (5) paddocks. (4) tack rooms to accommodate 100 saddles. (2) wash stalls with hot water. (3) feed rooms. Freestanding hay & equipment barn. Backup generator system. Well-fed water system, which means low utility bills... Guest bathroom. Add additional revenue potential by hosting weddings; providing riding lessons; etc... Plenty of room to grow for years to come! Short drive to Interstate I-85 and I-985. This turn-key equestrian farm is among the highest-quality, professionally run you can find- with a reputation and name that is known throughout N. Atlanta.
| Elementary School | Middle School | High School |
|---|---|---|
| Myers Elementary School | North Hall Middle School | Johnson - Hall High School |
| Price History | |
|---|---|
| 4/25/2022 | Listed $2,750,000 |
| 6/1/2022 | 17% - $2,299,000 |
General Features
| Accessibility | None |
|---|---|
| Cap Rate | 14 |
| City | Gainesville |
| Community Features | None |
| Construction Materials | Wood Siding |
| Cooling | Ceiling Fan(s), Central Air |
| County | Hall |
| Days on Market | 37 |
| Directions | GPS FRIENDLY... LOCATED ON BOARDER OF GAINESVILLE & TALMO, GA |
| Elementary School | Myers |
| Energy Efficient | None |
| Green Energy Generation | None |
| Grossincome | 336000 |
| Heating | Central, Electric, Forced Air |
| High School | Johnson - Hall |
| Levels | One and One Half |
| Middle/Junior High School | North Hall |
| Net Operating Income | 236000 |
| Operatingexpense | 100000 |
| Property Attached Y/N | No |
| Property Condition | Resale |
| Property SubType | Other |
| Property Type | Residential Income |
| Roof | Composition |
| Security Features | Security Gate |
| Sewer | Septic Tank |
| Standard Status | Active |
| Status | Active |
| Street Name | Roy Parks |
| Subdivision Name | NONE |
| Tax Annual Amount | 9707 |
| Tax Lot | 3A |
| Tax Year | 2021 |
| Total Units | 25 |
| Utilities | Cable Available, Electricity Available, Phone Available, Water Available |
| View | Lake, Rural |
| Virtual Tour | https://www.youtube.com/watch?v=_spPJ-ncdtw |
| Water Body Name | None |
| Waterfront Features | Stream |
| Year Built | 1953 |
Interior Features
| Flooring | Carpet, Hardwood, Vinyl |
|---|---|
| Furnished Y/N | Furnished |
| Street Suffix | Road |
| Window Features | None |
Exterior Features
| Fencing | Wood |
|---|---|
| Lot Dimensions | 529 x |
| Lot Features | Level |
| Lot Size Acres | 86 |
| Lot Size Source | Public Records |
| Parking Features | Driveway, Level Driveway |
| Total Parking | 9 |
| Water Source | Private |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 30575
Statistics provided by Inside Real Estate
Price
Taxes
Visits
Year Built
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