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Chesterfield business owner selling the farm, blames Affordable Care Act

The 400-acre Chesterfield estate will be sold in its entirety or split into six distinct tracts. (PHOTO: Motleys)

The 400-acre Chesterfield estate will be sold in its entirety or split into six distinct tracts. (PHOTO: Motleys)

CHESTERFIELD COUNTY, Va. — Another huge local equestrian estate is galloping up to the auction block.

Wayne Campbell, longtime owner of Richmond Respiratory & Medical Supply, is selling his 400-plus-acre Chesterfield farm at 12830 River Road.

Campbell said he decided to sell the farm after his medical supply company’s revenue was hit by changes from the Affordable Care Act and new Medicare regulations.

“I don’t like letting (the farm) go for the reasons we’re letting it go, but it’s probably time for a change,” Campbell, 67, said.

The home on the estate is 6,000 square feet and includes a pool.  (PHOTO: Motleys)

The home on the estate is 6,000 square feet and includes a pool. (PHOTO: Motleys)

Campbell Springs Farm has been broken into six tracts that can be purchased individually or together. Motleys Asset Disposition Group is handling the auction.

Motleys started accepting bids on Tuesday, and bids can be placed in person on Sept. 9 at the farm.

Click here to continue reading on RichmondBizSense.com.

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