That's right, it is a Golf Course!

Special Purpose for Sale
Catylist Listing ID: 30298941
Property Subtypes: Sports/Entertainment
Building Size (RSF): 3,500 SF
Gross Building Area: See Agent
Gross Land Area: 75 - 77 Acres
Sale Price: $1,100,000
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/24/2018

Overview / Comments

The owner/operator of this beautiful 18-hole golf course has decided to retire. Let this successful owner’s decision to retire be your catalyst into a great opportunity. This well maintained and OPERATING golf course sits on approximately 77 acres. Check the price of raw land in this area and you will find that the land alone may garner the asking price! But, instead you would receive all the assets that go along with the golf course. These include but are not limited to: Clubhouse, carts, mowers and related course maintenance equipment, an equipment barn and so much more.
This unique course has features such as the longest green in Tennessee, a private water source for use on the course, some of the longest par-3 holes around this area! This is no kiddie course with 3 par 5's (hole 3 & 4, 11) and 5 par 4's (5 ,7 ,14,16,18) Hole Number 5 is played as a 4. The Bermuda grass Tees, Bent grass greens and Zoysia grass fairways make this a lush green course.
The course is surrounded by condos and homes, with home sites still available and new construction underway. The retiring owner is offering two sites for sale.
The current owner and golf pro will stay after the sale for up to 2-3 months at the new owner’s requests. The length of time can be negotiated as well as compensation.
Call for more details and come see this opportunity first hand.

Additional Details

Nearest MSA: Athens
County: McMinn
Taxing Authority: McMinn County
Tax ID/APN: 039 260.00
Property Visibility: Excellent
Largest Nearby Street: Highway 11N
Total Number of Buildings: 3
Parking Type: Surface
Sprinklers: None
Heat Type: Solar
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,471 24,915
Median Age: 38.45 40.14
Households: 3,865 10,147
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