Mature Golf Course & Acres of Residential Development Property

Southeastern, WI (Kenosha County)

Mature Golf Course & Acres of Residential Development Property

Asking Price:$8,000,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:1964

Mature Golf Course & Acres of Residential Development Property

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Business Description

Unique Opportunity in Recreational Property & Golf Couse

The Seller of this opportunity is highly motivated to sell and willing to entertain all reasonable offers based upon an intense desire to pursue other business interests available now! The business opportunity consists of a challenging and mature golf course built in 1964 on 146 acres, and adjacent residential development property consisting of 207 additional acres. Its location is outstanding, in Southern Wisconsin, appealing to and easily accessible for those living in WI and No. Illinois. The additional property included is ideally situated to take advantage of a growing trend in residential/multi-choice recreational development projects appealing to upper income Families and professionals. After 4.5 years of development efforts, all entitlements to development are completed. All plans, specifications, engineering, governmental approvals, developer s agreement and final plat are in place ..and ready to go! The property has beautiful gently rolling hills, is well wooded, and offers magnificent views of the golf course and the river running thru it . It is designed as a conservancy style (green as it gets) multi-sport development project of which there only a few throughout the country and which are getting National recognition and praise. Proximity to multiple airports makes this location ideal for that on-the-go professional wanting a relaxed environment awaiting them at home. A 2009 appraisal of the property valued the lots at an average of $350,000 each! This is a one of a kind opportunity with a highly motivated Seller who is ready to negotiate and may be willing to sell the golf club or the development land separately. Serious Buyers only please and all inquiries will require an NDA and financial qualifications.

Detailed Information

Real Estate:
Owned
Building SF:
N/A
Facilities:
The golf club is a semi-private 18 hole course situated on gently rolling terrain with beautiful mature trees lining the fairways and water in play on three of the holes. The course design is a par 72 at over 6,400 yards from the tips and a rating & slope of 70.4/124. Greens are bent grass and fairways are blue grass with a complete watering system. The location and course layout/design are excellent for group outings and the banquet facilities are set up to support significant growth in this category. Newly renovated and pointedly upscale.
Financing:
Negotiable based upon the qualifications of the Buyer
Reason for Selling:
Other business opportunity

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Terry Snyder

Business Listed By:
Terry Snyder

IM&M Solutions

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