PRICE REDUCED!

Confidential – Tennessee Golf Course

Offered at $ 2,450,000.00 This is a great 18 Hole Semi-private golf course located in a small community in Middle Tennessee on 126 acres with Bent Grass greens, driving range & putting green. The golf course has character and is fun to play. Included is a 4,200 sq.ft. brick Clubhouse with Pro Shop, and a Restaurant that has seating for 85 people inside and 85 outside. There is a 6,000 sq.ft. maintenance building and a separate 4,500 sq.ft. brick building that houses the golf carts. The club owns a complete line of maintenance equipment and 50 new electric Yamaha golf carts. Adjacent to the maintenance building is a mobile home that is currently occupied by an employee and adjacent to the clubhouse is a very nice single family residence offered for sale separately at $150,000.00. All of the facilities as well as the golf course are in great condition. The golf operation and the restaurant are both profitable. The $ 2,950,000.00 asking price represents an approximate 10% Cap Rate. This one is worth buying!!!The owner wishes to keep the sale of the golf course confidential. Complete collateral information with detailed Profit & Loss Statements is available to potential buyers upon signing a Confidentiality Agreement and providing information supporting their financial ability to acquire the golf course.

NEW LISTING! Oak Grove Golf Club - 18 Holes $1,850,000 New Listing!!! Oak Grove Golf Club is an 18 Hole golf course located in New Boston, Texas just outside of Texarkana, Texas. The 6,920 yard Par 72 course was designed by the nationally known architect, John Colligan. Included in the sale of the golf course is a 6,000 SF clubhouse which includes a Pro Shop area and men’s and women’s locker rooms and a dining area that will seat 20 people. There is a 10,000 SF metal Maintenance Barn which houses the golf course maintenance equipment and there are six 1,200 SF cart barns that will accommodate a total of 140 golf carts. There is a 1,890 SF outdoor covered pavilion behind the clubhouse with a built in grill and a concrete top serving bar. Included is a very large driving range and short game practice area.  Oak Grove owns all of its own maintenance equipment, office equipment, and furniture and fixtures. They lease 40 electric club cars and two work carts. There are five lakes and one creek located on the property.  Included in the offering price are 22 residential lots on and around the golf course in a residential subdivision called Oak Grove Place

Kings Creek Golf Club - 18 Holes  $2,350,000

This picturesque 18-hole public golf course sits on 179 acres across from a large recreational lake and includes a cart storage facility, golf carts, covered Pavilion, maintenance barn, two very large private lakes plus over 10 acres of developable land. The two-story clubhouse houses a Pro Shop, Bar & Grill and Banquet area located downstairs with eight motel rooms upstairs. This is an ideal property for an owner with the vision and commitment to maximize its golf operations.