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$2.5M total
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Asset Class
Land
Size
—
Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
95%
Welcome to the farm you've been waiting for. A spectacular, fully operational equestrian property set on over 21 picturesque acres, thoughtfully designed and offering an incredible country lifestyle. Outstanding facilities include 18 stalls, a wash stall, feed room, storage room, and an impressive and beautifully maintained original barn dating back to 1916 (approx. 90'x50'). The barn has upper-level storage for 12,000+ bales of hay/straw and is serviced by an 8,000-gallon cistern and is equipped with an owned hot water heater. Additional outbuildings include a 30'X25' tractor/equipment barn/shed and a modern 82'X37' barn built in 2020, and a 144'X72' riding arena (2020) featuring premium fiber-in-fine-sand footing for year-round training. The Property is expertly configured with five one-acre-plus paddocks, two additional paddocks, five winter paddocks, a round pen, and approximately three acres currently farmed for hay, creating a turnkey operation. At the heart of the property sits an impressive home offering over 3,700 sq ft of beautifully designed bungalow. A chef-inspired kitchen anchors the home, and the residence offers the ideal balance of functionality and rural charm. Whether you're an avid equestrian, professional trainer, or simply dreaming of a remarkable country estate, this extraordinary property offers a rare combination of exceptional facilities, timeless character, and modern amenities-all in one unforgettable package. (id:66811)
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Monthly debt service
$12K
Projected NOI
$120K
Annual cash flow
$-18K
Cash-on-cash
-2.46%
DSCR
0.87
Going-in cap
4.80%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
60,566
Households
22,593
Median income
$77,500
Median age
40.2
Daytime population
91,393
5-yr growth
4.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2986 WESSEL DRIVE, Lincoln (Lincoln-Jordan/Vineland).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.