For Sale
$2,000,000

460 Dixie RdCovington, GA 30014

Covington equestrian estate, owner financing.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 36-acre horse farm in Covington, Georgia, presents a unique investment opportunity. The property boasts three custom-built barns with capacity for up to 26 horses, providing ample space for boarding and training. A half-mile track caters to horses of all skill levels, ideal for various training regimens and competitions. Two converted silos offer versatile space, potentially serving as guest apartments or office areas, enhancing convenience for clients and staff. Comprehensive facilities include an equipment barn, dedicated hay and feed storage, and wash bays, ensuring all necessities for a thriving equestrian business are readily available. Comfortable living quarters are provided by three apartments and a bunk room with a full bath, accommodating trainers, staff, or overnight guests. The property is zoned for agricultural use (Ag) and features the APN 0113000000217000. The asking price is $2,000,000, with owner financing considered. While the sale excludes the existing business, the property's potential for substantial income is evident, with estimated rental income from stalls, pasture boarding, and apartments. A farm caretaker currently resides on the property and may remain post-sale. This turnkey operation offers a rare chance to establish or expand an equestrian enterprise in a well-appointed, custom-built setting. Located at 460 Dixie Rd, Covington, GA 30014.

Highlights

  • Owner financing considered.
  • Strong income potential for equine businesses.
  • Estimated potential income: $250/stall, $100/pasture board per horse, $1800/month for 2/2 apartment, $1000/month for 1/1 apartment.
  • Existing farm caretaker may remain post-sale.
  • Farm sale only; business assets not included.

Property Details for 460 Dixie Rd

Property type
Land, Farms
Lot Size (sq. ft)
1,568,160 SF

Location Insight

City
Covington
County
Newton
State
Georgia
Latitude
33.584395
Longitude
-83.76848
460 Dixie Rd, Covington, Georgia

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460 Dixie Rd
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