For Sale

For Sale

Silver Horse Ranch 4019 Golden Eagle, Bryan TX

Equestrian Facility with 2 Flourplexes and 3 Duplexes 9 Vacant Lots Available Separately

Call for Pricing (979) 255-2999

$4,900,000

Includes equestrian Facility with 2 Flourplexes and 3 Duplexes

9 Vacant Lots Available Separately

Gretchen Melesky (979) 255-2999 PO Box 505

Millican,TX 77866 gretchen@

Class of `92

EQUESTRIAN ?19 Acres with 34 Stall Barns 4019 Golden Eagle, Bryan TX

Large Covered arena 300 x 150 ft with roping boxes, temperature controlled announcer box, 6 stall women's bathroom, 2 stall men's bathroom, full concession stand and covered eating area.

? 25 Private piped fence turnouts ? Round pen ? Additional outside riding area with jumps ? Two covered wash racks with warm and

cold water ? Two 2 acre fenced paddocks ? Large office in barn with high intensity ac

and heater and full bathroom ? 14 x 14 separate tack and feed rooms ? Built in slanted feed bins in feed room make

feeding time quick and easy ? Horses love Stall Skins covering rubber

mulch in each stall. () ? Fans in each stall ? Full size refrigerator in barn ? Water truck conveys ? Trailer house with covered porch for foreman ? Two large parking lots

Other Items Included in Sale: Kubota Tractor M7040S Arenawerks drag Kubota RTV Water Truck 2 Trailer houses Office furniture 32 Preplan Horse Feeders 15 Water troughs

$40,000 $11,000 $12,000 $10,000 $30,000 $4,200 $6,800 $1,500

Gretchen Melesky (979) 255-2999 PO Box 505

Millican,TX 77866 gretchen@

Gretchen Melesky (979) 255-2999 PO Box 505

Millican,TX 77866 gretchen@

2 FOURPLEXES

? Completed in 2016. ? 100% Leased. ? Downstairs units are ?1,950 sq ft with 4

bedrooms and 4 bathrooms. ? Upstairs units have their own private entrance

and consist of ?1,100 sq feet and 2 bedrooms and 2 bathrooms. ? Total of 12 bedrooms and 12 bathrooms of rental income. ? Each bedroom leases between $500-$600. ? Washers and dryers in each unit. ? Refrigerator included. ? 55-in flat screen TV in living room. ? Granite countertops ? Tile floors with carpet in bedrooms. ? Stainless appliances. ? Covered patios with large fenced backyards. ? Properties are built with flawless execution by reputable KM Custom Homes who has been in business in the bcs area for over 20 years.

Gretchen Melesky (979) 255-2999 PO Box 505

Millican,TX 77866 gretchen@

3 DUPLEXES

? Completed in 2016. ? 100% Leased. ? Each unit has 4 bedrooms and 4 bathrooms. ? Each bedroom leases between $500-$600. ? Washers and dryers in each unit. ? Refrigerator included. ? 55-in flat screen TV in living room. ? Granite countertops ? Tile floors with carpet in bedrooms. ? Stainless appliances. ? Covered patios with large fenced backyards. ? Properties are built with flawless execution by

reputable KM Custom Homes who has been in business in the bcs area for over 20 years.

Gretchen Melesky (979) 255-2999 PO Box 505

Millican,TX 77866 gretchen@

9 VACANT LOTS AVAILABLE SEPARATELY

KM Custom Homes to build the buyer more duplexes and/or fourplexes.

? Lot 1: ?1.03 Acres ? Lot 2: ?1.16 Acres ? Lot 3: ?1.34 Acres ? Lot 4: ?1.34 Acres ? Lot 5: ?1.34 Acres ? Lot 6: ?1.43 Acres ? Lot 7: ?1.20 Acres ? Lot 8: ?1.49 Acres ? Lot 9: ?1.87 Acres

Vacant lots are only available to buyer and are an additional $109,900.00/Acre Lot. KM Custom Homes is able to build those lots out if desired.

Price on duplex for KM to build out is $450,000* and fourplex is $650,000*. *These numbers are subject to change due to price increase on material cost if built after 2018.

Gretchen Melesky (979) 255-2999 PO Box 505

Millican,TX 77866 gretchen@

PROFIT AND LOSS STATEMENT

Application Income Convenience Fee Late Fee Income Rent Income Total

4001 Golden Eagle $0 $0 $0 $4,000 $4,000

Rental Units Monthly Income

4007 Golden Eagle 4020 Golden Eagle 4032 Golden Eagle

$0

$0

$0

$0

$0

$0

$0

$0

$0

$4,000

$4,000

$6,400

$4,000

$4,000

$6,400

4168 Golden Eagle Total

$0

$0

$0

$0

$0

$0

$6,400

$24,800

$6,400

$24,800

Barn & Arena Monthly Expenses

Feed

$2,100

Hay

$1,500

Shavings

$1,800

Wages

$3,200

Utilities

$400

Water

$60

Supplies

$200

Trash

$86

Internet / Cable

$80

Totals Rental Units Monthly Income Barn and Arean Monthly Income Total Monthly Expenses

Monthly Profit

$24,800 $20,090 $9,426

$35,464

*Additional cash from lessons and arena rental $2,500 to $4,5000 Excluding taxes and insurance

Gretchen Melesky (979) 255-2999 PO Box 505

Millican,TX 77866 gretchen@

RENT ROLL

Rental Properties, Grand Totals

Market Rent

$24,800

Recurring charges

$24,800

Recurring credits

$0

Deposits held

$21,695

Balance due

$879.52

Summary by Bed/Bath

Bed/Bath -/2 Bed / 2 Bath 4 Bed / 4 Bath Totals

Units 1 4 9 14

Vacant 0 0 0 0

Occupancy Occupied

1 4 9 14

% Occupied 100% 100% 100% 100%

Market Rent

Total

Avg

$2,000

$2,000

$4,800

$1,200

$18,000

$2,000

$24,800

$1,771,43

Summary by Property

Property 4001 Golden Eagle 4007 Golden Eagle 4020 Golden Eagle 4032 Golden Eagle 4168 Golden Eagle Totals

Units 2 2 2 4 4 14

Vacant 0 0 0 0 0 0

Occupancy Occupied

2 2 2 4 4 14

% Occupied 100% 100% 100% 100% 100% 100%

Market Rent

Total

Avg

$4,000

$2,000

$4,000

$2,000

$4,000

$2,000

$6,400

$1,600

$6,400

$1,600

$24,800

$1,771,43

Gretchen Melesky (979) 255-2999 PO Box 505

Millican,TX 77866 gretchen@

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