Country Club - 18 Hole Golf Course
Location Louisiana,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1450000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1983
Number of Employees 10 - 19
Inventory 220000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Available.
Reason for Sale Personal.
Description Outstanding redevelopment opportunity. This splendid 26 year old country club for sale has an 18 hole golf course designed by one of the best in the business. Sale includes club house of about 16,000 sq ft. Property is about 182 acres. It backs up to an interstate and faces a major high traffic four lane highway that branches off the interstate. Also, there are 4 lighted tennis courts, junior Olympic size pool, baby pool, 2 racquet ball courts, restaurant and banquet facilities.
Country club is located in a good size very fast growing city just a short drive and a few minutes down the interstate to a large metropolitan city with all the amenities. It is the only club/golf course in town. Seller is very motivated to sell and has priced well below 2 appraisals done in the last couple of years. Seller will sell 50% interest or all. Selling 50%, seller will stay on to manage the club. The low price, superior location, and large acreage, this is an outstanding redevelopment opportunity. It would be hard to find a comparable ''raw'' real estate tract for the price asked for the whole operation. You have to see it and its location to appreciate the enormous redevelopment potential. Large acreage tracts for development are very hard to find in this area/region.
The club has currently 267 full memberships and 55 summer swim memberships. The restaurant serves lunch 7 days a week and dinner Thursday through Saturday. Seller is open to substantive offers. Come see the uniqueness and potential of this opportunity. Meet the owner, make offer. We promise you won't be disappointed.
Click Here To Contact Seller
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