Pristine Golf Course For Sale

Hospitality for Sale
Catylist Listing ID: 30020509
Property Subtypes: Golf Course
Number of Units: 1 Units
Building Size (RSF): 5,935 SF
Gross Building Area: See Agent
Gross Land Area: 161.30 Acres
Sale Price: $1,100,000
Unit Price: $1,100,000 Per Unit
Property Use Type: Vacant/Owner-User
Name of Establishment: The Country Club of Sebring
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/23/2017

Overview / Comments

The Country Club of Sebring is a 6,700 yard, 71 par, 18 hole semi-private golf course designed by Ron Garl. The golf course sits on 161.3+/- acres allowing for a great layout with every hole an individual delight to play. The property includes putting greens, driving range, cart storage and return areas, pro shop, office space (leased), restaurant (leased), and a tikki bar near the community-owned swimming pool. Purchase includes 60┬▒ golf carts paid in full, and $170,000+/- of leased equipment with only approximately $30,000 balance on lease. $750,000+/- improvements to the golf course have been made over the past 7 years. The golf course is surrounded by beautiful, well-maintained neighborhoods. Highlands Hammock State Park preserves surround the golf community allowing for some picturesque sightings of a wide range of wildlife. Option to purchase an additional development lot of 2.3+/- acres overlooking hole 9. This development lot was previously approved for 3 buildings with 8 condominiums in each building. Additional information available with a signed confidentiality agreement that includes financial information, survey information, a recent appraisal of the golf course, and the past development plan for the 2.3+/- acre lot.

Attachments & Media

Additional Details

Nearest MSA: Sebring
County: Highlands

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,341 25,975
Median Age: 54.05 54.38
Households: 4,276 11,932

Source

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