Investment Opportunities
Courses added as available. Please check back or call.
South Carolina
(01) Nice, well conditioned golf course in the rolling foothills of South Carolina in the Greenville/Spartanburg area has 39 acres adjacent to the course currently zoned, platted with all approvals in place for up to 250 town homes to service the need of the expanding middle-income baby boomer market. This is a perfect location for a 55+ community; near hospital, large shopping mall and low cost of living. The owners of the course will sale the development property or joint venture the project. Outstanding return on capital with a 3-5 year sell out projected.
(02) This is a 36-hole country club with all of the amenities to support a strong membership base. Facility is located in a growing metropolitan area. Nine or 18 of the holes could be converted to a residential development with little impact of the annual operating income. Course has been well managed and is profitable. Available for purchase at approximately 10X annual income. Price in the $6.5MM range.
(03) 18-hole course located in North Augusta, South Carolina just 3-5 miles from the Augusta National course in Augusta, Georgia. Additional acres could be included. Current owner is looking for a joint venture partner or outright sale of the course. Many financing options available. Good long term return could be easily recognized.
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North Carolina
(04) This is a golf course in a very attractive rural community. The course is currently breaking even financially. There is a strong possibility that the course could generate operating income sufficient to cover salaries and debt service with better management. Owner may carry the loan with a $250,000 - $300,000 down payment. Asking price $1.5MM
(05) Nationally recognized championship 18-hole golf course with great views at a high elevation level in the mountains of North Carolina. Popular destination location. Condo rentals available. Many lots included in the price and plenty of room for expanding the development - - over 200 additional acres available for development. Great membership base. Owners will entertain a joint venture partner at $5,000,000 or sale the entire the facility for approximately $10,000,000.
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Pennsylvania
(06) Golf course located in Western Pennsylvania near the Ohio border. Good old traditional designed course opened in the 1930’s. Course is over 6,500 yards, Par 72 with a slope of 124. Always in good condition, functional club house and profitable. Price range $2-$2.5MM.
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Michigan
(07) Over 6,400 yards, par 71 well conditioned golf located in Southern Michigan between Detroit and Ann Arbor. The course is the focal point of a very nice residential development. This course has been rated 3 ½ stars by Golf Digest Best Places to Play. Gorgeous views of the rolling landscape packed tightly between rows of mature pines and hardwoods, with ponds and natural areas along the way. Large functional club house and conference center. Very attractive price - - $2,000,000 range.
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Florida
(08) This is an 18 hole public course surrounded by an upscale residential development in Northeast Florida. The course layout covers more than 6,800 yards from the championship tees and brings with it a par of 71. Players of all abilities will enjoy the stark contrast of both nines. Players enjoy a links-style front nine, complete with 5 sets of tees, creative undulations, water, and carefully placed sand bunkers. The back nine has been carved out of standing timberland. The facility has an annual NOI of approximately $500,000. Price range will be $6 – 7 M.
(09) This is a semi-private 18-hole championship course located on 168 acres in Lee County, Florida (Naples – Ft. Meyers area). Currently doing 45,000 rounds per year and $2,800,000 + gross revenue. Good food and beverage operation in the 20,000 sq. ft. clubhouse. Good revenue from the large driving range. Owner retiring and looking for an offer in the $7,000,000 range. Facility is the focal point of a large upscale residential community.
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Virginia
(10) Nice mountain course in the Virginia, very near the North Carolina border. High elevation and very scenic. Several rentals units included in the price. The facility breakevens financially but there is significant upside potential. Asking price $1,600,000.
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Other Available Course
Tennessee
Northern Virginia
Colorado
Pennsylvania (Philadelphia area)
If we do not have the location or price you want, we can find it for qualified buyers. Give us a call.
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Golf Course Advisors
Golf Course Advisors has a major client that is realigning their golf property portfolio. Several well managed and profitable golf facilities are now available in some highly desirable areas:
NC – (Raleigh area)
GA – (Atlanta area)
TX – (Houston area)
IN – (Indianapolis area)
FL – (Northeast area)
Please call or email for more information - - - inquiries by Principals only please
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