Condo
450 Reid-Hooker
About this property
Rare chance to own the Mid-South's premier equestrian estate! A Great investment for Equestrian Lovers- Cap Rate of 6.28%! Spring Mill Farm offers 77 manicured acres in Eads with two ponds, a running creek & 30+ acres of riding: grass Grand Prix field w/ bank & water jump, all-weather jumping arena, outdoor ring, two round pens & trails. Lighted 100x150 indoor arena w/ Macro Air fans & upstairs climate-controlled lounge seating 20+. 65 stalls across 3 barns, incl 49 premium 14x14, plus an AC office & tack room, medicine & feed rooms, indoor wash racks, 4 hot/cold outdoor wash racks and a TheraPlate stall. Equine treadmill, 6-horse walker, rehab area & 21 paddocks w/ shelters. 2022-built 4BR/2BA groundskeeper home, 1BR/1BA income apartment, 2 camper hookups & hay barn. Plenty of land to build additional Barns. Tractors, truck & equipment included. Established hunter/jumper business with a national-finals pedigree, just 14 miles to Germantown & 35 min to the Memphis airport.
