$699,900

Forefront Performance Horse Farm

Albright , Preston County , West Virginia

20.00
ACRES

3
BEDROOMS

2
BATH

1270
SQ FT

covered arena • hay barn • fenced • pond • 2 barns with 18 stalls

Property description

RARE OPPORTUNITY TO OWN TURN KEY HORSE FARM IN WV! Nestled in the heart of Preston County (less than 30 miles from to Morgantown), lies a picturesque 20-acre horse farm, surrounded by lush greenery and mature timber. The farm's infrastructure is impressive enough to be the training facility to more than one world champion horse! The spacious 36x96 main barn boasts 10 stalls, each designed to provide a comfortable and safe space for boarding horses. It also features an indoor wash bay, ideal for grooming and cleaning horses, a heated tack room for storing and organizing equipment, laundry, full bath, a dedicated foaling stall to ensure a safe and comfortable space for new mothers and their foals, and an additional 16x60 feed room and storage. A separate building is home to a 80x120 indoor riding arena which offers ample room for training, riding, and exercising horses, complete with LED lighting, and an additional 24x120 barn with 7 extra stalls for convenience, quarantine, and additional grooming space. The property's pasture is perfect for horses to roam and graze, with mature timber providing shade and shelter. The farm is fully fenced, ensuring the safety and security of the horses. The farm also boasts a serene pond, perfect for horses to quench their thirst or cool off on a warm day.Overall, this horse farm is a true equestrian's paradise, offering a unique combination of natural beauty, functional infrastructure, and comfortable living space within the serene mountains of WV. Are you looking for a new, slower life, with ample opportunity for an income producing property? A horse hobby farm, or a property to train world champion horses? Look no further than Forefront Performance Horse Farm!!

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Details

Home Features

Steps from the barns and riding arena is a charming 3-bedroom, 2-bath ranch-style house, offering comfortable living quarters for the farm's owners or caretakers. The house provides a perfect blend of rural tranquility and modern amenities. A separate HE/SHE-shed complete with LVP flooring and mini-split is perfect for office or additional hobby space.

Horse Facility Features

HORSE FARM - BUSINESS PLAN - INCOME POTENTIAL
FROM 2010 - 2023 THE FARM OPERATED AT *HALF CAPACITY BRINGING IN BETMEEN 40,000 AND 60,000 INCOME/ YEAR. (* I OPERATED A FULL TIME BREEDING BAND AND REQUIRED HALF OF THE STALLS FOR MY OWN PERSONAL HORSES. PERSONAL HORSES DO NOT GENERATE INCOME.) (THE FARM STOPPED OFFICIALLY OPERATING AS A FULL TIME BOARDING FACILITY IN NOVEMBER OF 2023 WHEN THE FARM WAS PLACED ON THE MARKET. CALLS ARE STILL FIELDED WEEKLY FOR THE PAST YEAR, REQUESTING BOARDING SERVICES. PROOF THAT THE BUSINESS IS NOT CURRENTLY OPERATING DUE TO CHOICE, NOT LACK OF NEED.)
THIS GREATLY VARIES BASED ON ADDITIONAL SERVICES AND  TIME OF YEAR - MEANING, THIS NUMBER FROM THE PAST COULD EASILY AND ABSOLUTELY BE DOUBLED.
OPERATING AT FULL CAPACITY - 17 STALLS BOARDED AT $600 - $800 / PER MONTH, WOULD GENERATE BETWEEN $10,200 AND $13,600 ; AND ADDITIONALY FIELD/ PASTURE BOARDED HORSES WOULD BE 4-6 SPACES AT $ 350 PER HORSE PER MONTH AND GENERATE BETWEEN $ 1400 AND $ 2,100.
TOTAL MONTHLY INCOME, BASED SOLELY ON BOARDING ALONE , WOULD GENERATE (ON THE LOW END) $ 11,600 PER MONTH , AND $ 15,700 (ON THE HIGH END) PER MONTH.
THE FARM ABSOLUTELY CAN OPERATE SUCCESSFULLY AT CAPACITY, AS IT HAS FOR YEARS PRIOR.
ADDITIONAL SERVICES SUCH AS TEACHING OPPORTUNITIES, COACHING, RESALE COMMISSIONS, THERAPY, RETIREMENT CARE, OR POST OPERATIVE CARE; ARE JUST ADDITIONAL SOURCES OF MONTHLY FARM INCOME - ALL OF WHICH HAVE BEEN UTILIZED HERE AS WELL.
LIVING ON SITE GREATLY REDUCES COSTS ASSOCIATED WITH OPERATING, AS THERE IS NO TRAVEL EXPENSE, NO LABOR EXPENSE, AND NO ADDITIONAL SECURITY SERVICE EXPENSE.
THIS FARM HAS BEEN DESIGNED TO BE EFFECIENTY AND EFFECTIVELY OPERATED BY THE OWNER, WITH VERY LITTLE NEED FOR ADDITIONAL SOURCES OF LABOR. THUS INCREASING THE INCOME POTENTIAL AS A BUSINESS.
THE AREA IS ESTABLISHED AS ABUNDANT IN HAY AND EQUINE FEED PRODUCTS AND SUPPLIERS.
THERE IS ALSO THE OPPORTUNITY AS A FEDERALLY EXEMPT FARM OPERATION TO  BECOME A DISTRIBUTOR OF ANIMAL FEED TO REDUCE OPERATION COSTS FURTHER, AND GENERATE INCOME AS A DISTRIBUTOR OF PRODUCT WITHIN THE SATE AND EQUESTRIAN COMMUNITY.
THE FARM HAS OPERATED SUCCESSFULLY AS A LEGITIMATE BUSINESS IN THE STATE OF WV, AND 100% FUNDED IT’S OWN MORTGAGE FOR THE ENTIRE TIME OF OWNERSHIP, EVEN AT HALF INCOME POTENTIAL CAPACITY.