Wednesday, December 10, 2008

18 Hole, Luxury Golf Course For sale 15M

Private Sale
18 Hole, Luxury Golf Course

Location- Upscale Area, Colorado
Replacement cost- $25M
Property- 18 Hole Golf course, Clubhouse, Gourmet Restaurant, Lounge, Fitness Center, Spa, Pro Shop and Banquet Facilities
Description- 220 acres, 4 season pool with separate kid's pool, ice skating and tennis courts
Age- 2001
Condition “ New"
Membership fees- Charter Membership $115,000
Golf Membership $35,000

Price- $15,000,000
Net income- $1,500,000
Cap Rate (at asking price) - 10%
Offers/rejections- turned down 11M
Round played last year at“ 13,000 "
Assumable financing- Seller has relationships with several local lenders that are very comfortable lending on this property. He will facilitate that dialogue.
Additional info- Also available for separate purchase (can have the first right of refusal transferred to new owner), approximately 5-6 view acres commercially zoned to build a hotel.

If you like to get with this seller please send contact info to
tfs_processing@yahoo.com


thankyou!