Golf Courses For Sale Feasability Consulting Operations Management Brokerage Service

Golf Courses for Sale
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Sirius Golf Advisors started as a golf course consulting and management company in the mid-1990s. We specialized in doing feasibility studies, short-term management, operational evaluations, marketing, and turn-around management. And while we have since broadened our service offerings into brokerage we have not lost our consultative background. Our approach in helping you find the right opportunity is that of a consultant as opposed to a sales agent. This is why we rarely take listings, but prefer to work as buyers representatives where we work for YOU, not the seller. We want to help you find the opportunity that is best for you. And if we feel something isn't right, we are not afraid to tell you. We would rather sacrifice a commission than cost a client millions of dollars.

Finances Needed

While this is a good time to buy a golf course from a price standpoint, it is a horrible time from a financing standpoint. Banks have been battered badly by failing golf courses and most are unwilling to lend more money to new ventures. Traditional sources are demanding 40% or more equity before they will make a loan. To get a lower down payment, one usually will need to work with a bank either familiar with the borrower or with the property, such as a local bank in the town where the golf course is located, or use owner financing, if available. Even then, the BEST that can be hoped for would be 20% down.

However, the down payment is just the beginning. Closing costs are likely to run up to $50,000 or more. This covers due diligence items such as a survey, appraisal, environmental study, legal fees and bank fees. In some cases, a marketing study and business plan may be beneficial and would best come from a third party source, adding additional cost. And, unfortunately, most of these expenses will be incurred whether or not the closing goes through. It is also advisable to have the course and maintenance equipment inspected by an agronomist so that potential problem areas can be discovered. The buyer would also be advised to have all buildings inspected prior to acquisition, again to determine what problems may exist. All of these expenses will be the buyers and are in addition to the down payment and closing costs.

The need for capital goes beyond the acquisition costs, however. One should not count on a golf course being able to provide a positive cash flow immediately, especially if under new management. Too many variables, including uncontrollable ones such as the weather and the timing of the turnover, can make the first several months difficult. For this reason, one should have enough liquid assets upon assuming ownership, to cover all operating expenses for at least two months -- more if the operation was not previously profitable. Moreover, the new owner should be able to support themselves for a period of six months to a year without drawing money from the golf course.

There may also be capital expenses that may be incurred upon acquisition. Some of these may be known from inspections done prior to acquisition. However, it is almost inevitable that there may be additional unforeseen expenses that may come up shortly after acquisition. These may include replacing worn-out equipment or making repairs to the course or buildings.

Not to be forgotten, but often overlooked, is marketing expense. Most of the facilities that are on the market today are facilities that have failed to perform to expectations. One of the main reasons can usually be traced to a lack of good marketing. But even with successful facilities, the new owner would be advised to take advantage of the turnover to promote the new management and any improvements being made.

Unfortunately, too many golf course buyers today overlook these important expenses that come after the sale. This is why we see so many courses going back on the market after just a year or two. At Sirius, we want you to be properly prepared. We will do our best to guide you throughout the acquisition process and beyond.

To find out more about these properties, please call us at 888-SIRIUS6 or fill out our Golf Course Investors Form.

Investors Wanted!

This is a buyer’s market for golf courses. There are some tremendous opportunities in the marketplace, especially for turn-around situations. Now is the perfect time to be a part of our team and own your dream.

We are forming a new company, called Sirius Golf Investments, LLC, to take advantage of this opportunity. Our strategy is to purchase undervalued golf course, fix them up, dramatically improve their profitability and then sell them in three to five years at a substantial profit.

We have the team in place, with experience management, an award winning architect, and our own in-house construction company. All we need is you!

We are looking to raise between $3,000,000 and $5,000,000 to purchase between two to four golf courses. As a preferred investor, you will become first in line to receive dividends from our operations. Minimum investment is $25,000. To learn more, contact John Wait at jwait@siriusgolf.com or call 888-747-4876 for a prospectus.

PARTIAL LISTING*
These listings are constantly changing so please call for current information. Unless otherwise indicated, Sirius is NOT the listing broker; rather these are representative of the opportunities currently available to buyers in today’s market.

FEATURED LISTING

#2840 DFW Area Semiprivate 9 holes Metro $750,000

Par 72 6,438 yards Slope 110 10 Station Range 90+ acres

· Airstrip

· Boat Ramp

· 20 place RV camp

· 40+ Developable Acres

· 10 Developed lots

· Equestrian Center

· Two clubhouses

· Two Pools

· Two Tennis Courts

· Restaurant and lounge

FANTASTIC DEAL! Great mom &pop opportunity! 9 hole course located in former blue-collar retirment/resort area. Clubhouse with restaurant and bar. Active membership. Two clubhouses, two pools, two tennis courts. Also included air strip, boat ramp, 10 developed lots, 20 space RV park, Equestrian arena, beach access, and over 40 acres of developable land! See Website

Alaska Golf Courses for Sale

#2385 Southcentral Daily Fee 9 holes Rural/resort $1,412,000

Par 70 5,850 Yards 36 station DR 92 Acres

Nine hole golf course resort on 92 acres with variation on tee boxes so plays like 18. Scenic views of volcanoes and 3 miles from Kenai River, world famous Salmon Fishing River. Guided Fishing Trips Available. Golf / Cottage / Fishing Trips available. Opportunities for combined Golf School/Lodging/ Fishing trips. RV parking available.

Alabama Golf Courses for Sale

#1838 Montgomery Area Daily Fee 18 Holes Metro REDUCED $950,000

Par 70 6,050 Yards Slope 113 No Driving Range 118 Acres

· Originally listed at $2,500,000

Bermuda grass tree-lined course. Small undulating greens.

#2104 Central Daily Fee 18 Holes Rural $1,850,000

Par 69 5,400 Yards Slope 108 No Driving Range 131 Acres

Includes 26 Developed Lots,

· 2,400 sf home

Golf course surrounded by beautiful lakes. Clubhouse features a full restaurant. Offering includes 26 developed lots, 2,400 sf brick home and a large shed.

#2476 Birmingham Area Closed 18 Holes Metro Area $1,690,000

Par 71 6,130 Yards Slope 128 15 Station DR

18 hole golf course currently closed. Redevelopment opportunity. Zoned A1

#2576 Southeast Semiprivate 18 Holes Rural REDUCED $950,000

Par 72 6,550 Yards Slope 124 25 station DR 150 acres

· Originally listed at $1,400,000

This offering features the main club house, waterfront signature hole #13, pool, driving range, equipment shed, irrigation and equipment. Course rating from the blue tees is 71.4 and the slope is 124. It is located in a waterfront subdivision on the shores of a lake.

#2783 Northeast Daily Fee 18 Holes Samll City $1,300,000

Par 72 6,850 yards Slope 125 25 station DR 229 Acres

· 16 lots ready to sell

· More development land available

Additional land was bought for a new subdivision; 50% is paved, curbed, guttered, and utilities are installed. Five of the 21 developed lots (3/4 acre each) are already sold. Future land is available for purchase from three landowners on two sides, two fronting on Highway 75. Present membership (semi-private course) 160, more or less. Membership increased 46% in 2006 and reached 180, so we feel fortunate to have held onto as many members thru bad times as we did. The entire complex meets the definition of Community Development District and has an ABC license to serve alcohol (County is a Dry county).

The course is managed as efficiently as possible. There are three maintenance people, two part-time and a greens keeper. The Pro Shop Manager has three people he coordinates with for scheduling. He also manages the tournaments and discusses any tournaments over the phone as well as scheduling tee-times

Arkansas Golf Courses for Sale

#2153 Central Resort/Daily Fee 18 Holes Resort Area Reduced$1,295,000

Par 72 6,800 Yards Slope 130 Driving Range 595 Acres

· 460 acres in addition to the golf course

· 18,937 sf clubhouse with proshop, restaurant, locker rooms, banquet facilities and cart storage

· All utilities available..

· Originally priced at $2,995,000

#2375 Northwest Semiprivate 18 Holes Small City Reduced $2,000,000

Par 72 7,200 Yards Slope 144 20 tee DR 492 Acres

· 2,000 sf Clubhouse

· 235 acres of undeveloped land plus 96 lots and two tracts

· Originally listed at $9,975,000

Stunning 18-hole, semi-private, 7201-yard golf course with additional lots and acreage. Projected growth over next five years 13.1% ( Claritas)Significant Owner Financing Possible Additional 240+/- acres of undeveloped land included. Water, sewer, electricity, gas to the property. 65 acres, have paved roads plus all utilities in place. Lots have sold for an average of $48,000 Home prices range from $220,000 to $395,000. Lots have sold for an average of $48,000 Home prices range from $220,000 to $395,000.Current clubhouse is 2000 SF building called The Turn, which includes golf shop. 2-acre site set aside for future clubhouse. No cart barn.

#2573 Ozarks Semiprivate 18 Holes Small City $1,800,000

Par 71 5,997 Yards Slope 127 6 tee DR 78 Acres

Ozarks: OPPORTUNITY TO OWN AN 18 HOLE GOLF COURSE IN THE OZARKS!
Sale includes the ongoing operation with the clubhouse, snack bar (beer and wine sales), & all owned equipment, records, computers & Cart Storage Building. Lying below the Bull Shoals Lake dam, this well designed course stretches down White River providing scenic vistas as well as lush fairways & greens. TURNKEY OPERATION! There are no other Golf Courses in the county.

#2647 Southwest CLOSED 9 Holes Small City $485,000

Par 54 3,000 yards 30 Station DR 30 Acres

Former Par 3 golf course on 30 arces in excellent location on busy highway. Could be reopened or redeveloped commercial, industrial, etc.

#2653 Little Rock Area Semiprivate 18 Holes Metro $1,400,000

Par 72 6,400 Yards Slope 111 20 Station DR

· Opened in last 10 years

· Owner Financing Available!

Beautiful 18-hole semi-private course on 165 acres with 40 adjoining acres. Plenty of water from lakes, 8,000 sq. ft. remodeled clubhouse. $1,400,000. OWNER FINANCING AVAILABLE

Alaska Golf Courses for Sale

#2385 Southcentral Daily Fee 9 Holes Rural/Resort $1,400,000

Par 70 5,850 Yards 36 station DR 92 Acres

Arizona Golf Courses for Sale

#2406 Western Closed 18 holes Rural $3,290,000

Par 70 5,950 yards Slope 101 164 Acres

The property is an old Golf Course with the possibility of bring it back with some work. Well and Elec on property. Has Residential property to the north also available with commercial 2 ACRES for Golf Related establishment. This was a viable destination at one time and can be again. Big time snowbird area. Golf Course only $2,500,000

#2524 Southwester Executive 18 Holes Rural Reduced $5,000,000

176 Acres

· Originally listed at $7,000,000

This 176-acre property consists of an existing 18 hole executive course and a proposed adjoining 357 to 500 lot RV park. Large winter population. 10 of the 18 holes are playable, the other 8 require some work. Two additional holes wil lbe ready for play in Fall 2010

#2538 Eastern Daily Fee 18 Holes Rural $3,900,000

Par 70 5,900 yards Slope 105 Driving range 205 Acres

· 55 Acres for development

· 141 Lots

· 6.4 Commercial lot available

200 + acres available for sale. 149 acres used as a fully operational 18 hole golf course with a driving range and a club house. 54.9 acres designated for residential development. 214 lots platted- 141 lots remaining to be sold. Lot sizes range from 9,360 sqare feet to 20,261 square feet. Zoning R1-10. There is a 6.4 acre commercial parcel also available current zoning is C-1

#2570 Eastern Semiprivate 18 Holes Rural $775,000

Par 72 6,650 yards Slope 118 16 station DR 181 acres

18 hole championship golf course with clubhouse. Natural springs generate over 3 00 acre feet of water annually. Course is open for play but needs some improvements. Clubhouse needs total renovation. Total estimated cost of repairs to course and clubhouse is $300,000.00. Extra land for residential development. Adjoins lake which combined will someday become a great low cost retirement community. Sewer and water companies can also be purchased. Water Co has certified 100 years of water supply and has a designated District. Sewer co has capacity for over 500 homes..

#2588 Tuscon Area Daily Fee 18 Holes Metro $675,000

Par 72 6,500 Yards Slope 160 15 station DR

#2767 Central Daily Fee 18 Holes Small City $2,000,000

Par 72 7,050 Yards Slope 132 25 Station DR 146 acres

Voted by Golf Digest as one of the "Best Places to Play" for 2008-2009 (4.5 stars), the spectacular topography of the course includes 340 feet of elevation change as it winds through the 1,200 lot residential community

#2769 Phoenix Area Daily Fee 18 Holes Metro $4,900,000

Par 72 6,750 Yards Slope 122 40 Station DR 121 Acres

· 48,900 sf clubhouse

This classic 18-hole golf course includes a 48,909 square foot clubhouse with full restaurant and banquet facilities. In timeshare development, but timeshares not included.

#2828 Phoenix Area Daily Fee 27 Holes Metro $7,500,000

Par 72 6,300 Yards 178 Acres

27-hole, Signature daily fee golf club New 26,000 sf+ clubhouse built in 2002.

* 950 square foot pro shop

* 1,064 square foot banquet room

* 1,150 square foot dining room

* Bar & grill

* Office space

* Meeting room

* Men' s and women' s locker rooms.

* Dining room seats 110 with additional 70 in the adjacent Palmer banquet room.

Liquore license allows for the sale of beer, wine and hard liquor over the entire property. It is transferrable.

Mid- iron range, two practice greens, chipping/ bunker practice area. Grandfathered water rights. 4 wells.

9,091 square feet cart storage

6,800± square foot maintenance building

California Golf Courses for Sale

#1148 Central Daily Fee 18 holes Rural Reduced $1,650,000

Par 72 7,100 Yards Slope 125 Driving Range 160 Acres

An 18 holes, par 72, open to public golf course with single story bhouse, maintenance building, 30 station all grass driving range, practice putting green and turf/sand practice pitching and chipping areas. Total length from the championship tees is 7,100 yards. The golf course hosted a PGA tour qualifying tournament in October, 1993. There are 11 lakes loctaed throughout the property, which come into play on 12 holes. Combined with large undulating greens and stratgic bunkering, the lakes make this course not only scenic but also challenging.

#1413 Southern CA Desert Closed 9 Holes Rural Reduced $2,000,000

Par 72 6,300 Yards Slope 124 Driving Range 243 Acres

· Course is currently Closed

· Redevelopment Opportunity

· About 160 acres developable excluding golf course, residential and commercial

· Originally listed for $2,500,000

9-hole golf course that is being sold for land value. Golf course is on 68 of the 243 total acre development. Can redevelop entire property, or reopen golf course and develop 160 acres, or expand to 18 holes and develop the rest!

#1512 Central CA Daily Fee 18 Holes Metro REDUCED $2,250,000

Par 72 6,950 Yards Slope 118 Driving Range 161 Acres

· About 20 acres of developable land

· Includes single family home

· 3,652 sf clubhouse with pool

· Originally listed for $3,500,000

#2133 Los Angeles Area Daily Fee 9 Holes Metro $1,600,000

Par 70 5,200 yards Slope 100 Lighted Driving Range 50 Acres

#2147 Central CA Daily Fee 18 Holes Rural $6,500,000

Par 72 7,200 Yards Slope 127 Driving Range 200 Acres

Well-known Championship golf course with rye grass fairways that features nine lakes. Irrigation water comes from three wells with a 4,500 gal/min capacity year-round. 60 of the72 carts are equipped with GPS. New cart barn. Clubhouse has large banquet area. Course is currently leased to a management company that operates the facility. They would stay and operate or buyer can negotiate with them.

#2346 Central Semiprivate 18 Holes Resort $3,499,000

Par 72 6,800 Yards Driving Range 138 Acres

· 18,000 sf Clubhouse

· New Golf Course

· Owner Financing Available

· Waterfalls!

Complementing the natural majesty of the Sierra foothills, This beautiful club is set on 138 acres of lush Gold Country land. The 18-hole championship golf course is now graced with waterfalls and richly landscaped greens. With over 6800 Yards from the tips, this course is as beautiful as it is challenging. In addition to a fully developed pro shop, it offers a showcase swimming pool, health & fitness club and formal restaurant with dining facilities and banquet rooms, the facility spans over 18,000 square feet. The property is unencumbered. Owner financing available with attractive terms.

#2411 Northeast Private NE 18 Holes Resort

Par 72 7,411 Yards Driving Rng 1,040 Acres

· Tennis Courts

· Pool

· Planned 380 homes at build-out

· 54 finished residential lots

· 84 unfinished lots

· 5 acre commercial site

Master-planned, mountain golf community. Situated on approximately 1,040 acres, the community is planned for 380 homes at build-out. This offering includes 54 finished residential lots, as well as 84 unfinished lots, a five-acre commercial site and the Golf Club, which includes an award-winning championship golf course, practice facility, Lake House restaurant, stand-alone pro shop, temporary cart storage and golf course maintenance facility.

#2535 Northern Semiprivate 9 holes Rural $2,000,000

Par 70 5.050 Yards Slope 118 15 station range

Beautiful, year-round 9 Hole Golf Course with 5,014 yards of play (2 holes are par 5) set in the roughed green hills of Northern California - and that's just the beginning!! Included in this unique and value-loaded offering are: 1) Clubhouse with Restaurant, Complete Kitchen, Full Bar with Liquor License, Lounge/Banquet Room with spectacular vistas of Greens, Fairways and mountains, and Outside Barbeque Building; 2) Pro Shop with office and storage; 3) Maintenance Building with all Equipment needed for course up-keep including Rough, Fairway, Greens, and Triplex Mowers, and Ferguson Tractor; 4) Golf Cart Storage Buildings for both member and course-owned carts (16 carts included in sale including 12 2009 Yamaha carts); 5) All irrigated Bentgrass Greens and Ryegrass Fairways; 6) Swimming Pool; 7) Membership Roster and all computerized business systems required to operate the course; 8) Fully rented 18 Unit Mobile Home Park; 9) Fully rented 7 Unit RV Park; 10) 2 Rented Houses; 11) and ALL OF THIS on 77 Acres consisting of 5 Parcels which include an additional 12+ Acres of land for further residential or other real property development adjacent to this picturesque course

#2537 Bay Area Private 9 Holes Small City $2,000,000

Par 72 6,450 Yards No Range 67.3 Acres

Private 9 hole Golf Course with double tees that can play as a 18 hole, 6,500 yard par 72 course. Includes three houses, clubhouse that seats 120 guests with additional outside seatng with kitchen facilities, and golf cart storage building. This is truly an outstanding compound for business, professional, social, church, or family uses. Golf course is in operation with tournaments booked for week days and weekends.

#2548 LA Area Semiprivate 18 Holes Metro $6,200,000

Par 72 6,600 Yards 35 Station Driving Range 151 Acres

Beautiful golf course and clubhouse. Large clubhouse with banquet seating for 325. Noted golf course architect that was recently renovated

#2594 Palm Springs Area Semiprivate 18 Holes Resort SOLD

Par 70 5,750 Yards Slope 118 12 station DR

· 34,000 sf clubhouse

Established and profitable 18-hole golf course in resort area. Included in the offering is a 34,000 s.f. clubhouse with men's/women's locker rooms, sauna, exercise rooms, racquetball courts, snack bar, pro-shop, grill room, tennis courts, and banquet/events facilities. The golf course has averaged 30,000 rounds the last three years.

#2603 LA Area CLOSED 9 Holes Metro REDUCED $1,080,000

Par 72 6,500 yards 50 station DR 71.7 Acres

· Was listed at $1,150,000

Former Golf Course available for development. Golf course was originally opened in 2004.

#2716 Northern Daily Fee 9 Holes Rural $1,500,000

Par 71 6,250 Yards Slope 116 15 station DR 95 Acres

· 10.5 acres development land

Regulation 3,121 yard, par-36, 9 hole, daily-fee golf course encompasses 95.07 acres and has 10.49 acres of residential-zoned excess land. The Golf Course is zoned specifically for a golf course under the county general plan overlay allowing for golf recreational uses. The 10.49 acres along Club Drive is zoned for Rural neighborhood. 8552 sq ft for building area encompasses more than one structure. Public water and sewage disposal is by way of septic system. This historic Golf Course is secluded, located in the heart of the redwoods. It was built in 1936 and is a 9 hole, par 71 golf course. The Golf Courses' proximity to the Smith River National Recreation Area makes this 100+ acres one of the most desireable properties in Northern California.

#2721 Bay Area Daily Fee 18 Holes Metro $2,500,000

Par 72 6,886 Yards Slope 131 45 Station DR Under Contract

· Designed by Robert Trent Jones, Jr

· 17,000 sf clubhouse

The golf course was designed by world renowned golf course architect Robert Trent Jones Jr. in 1989. From the longest of four sets of tees, the golf course plays to a yardage of 6,886 and features rolling terrain, a picturesque stream running through the property, five lakes and 72 strategically placed bunkers. There is a large grass driving range, putting green, separate chipping area and a practice bunker. The centerpiece of the Golf Club is a well appointed Mediterranean-style clubhouse. Within the clubhouse there is space for a fully stocked pro shop, private banquet and meeting space, a full service restaurant and a full liquor bar. For years, this course has been the preferred golf course to host local golf outings and tournaments as well as banquets and weddings. From an investment standpoint, it offers new ownership tremendous upside. This is an REO golf course that, since shortly after the bank took possession in December 2010, has been professionally maintained by Touchstone Golf Management. As a result, although the course is currently closed, a new owner will be able to hit the ground running with a golf course that is in playable condition.

#2724 Bakersfield Area CLOSED 18 holes Small City Not Disclosed

94 Acres

Redevelopment opportunity. Former golf course. 3 parcels with a total of +/-93.86 acres. The front 9 is 90.38 acres zoned RF and 3.48 acres are zoned R-2. +/- 17 units per acre as specified in R2 zoning

#2770 Bay Area Municipal 9 Holes Metro Not disclosed

Par 58 4,400 yards Slope 113 35 station DR 54 acres

This state-of-the-art practice facility and 9-hole golf course (five par 4's / four par 3's) is leased from the City for a nominal fee. The double-ended, 8 acre driving range is covered in artificial turf and offers 33 matted and 17 natural grass hitting stations. One of the best practice facilities in the San Francisco market.

#2805 Bay Area Daily Fee 18 Holes Metro $7,950,000

Par 72 6,600 yards Slope 118 20 station DR 144 acres

· Acreage for development, redevelopment opportunity

18-hole regulation golf course, with excess land for potential entitlement for residential development both within and around the course. 230+ Single Family Subdivision was approved since 1987 through 2001. New owner may reinstate the previously approved Tentative Map or redesign for potential to build more units. General Plan Designation of the site is PR (Parks and Recreation) and ML (Multiple Family Residential-Low). The property consists of 7 individual parcels totaling approximately 144 Acres with 3 different zonings; A2 (General Agriculture), R-B (Residential Business District), and P-1 (Planned Unit District).

Colorado Golf Courses for Sale

#2138 South Central Daily Fee 9 Holes Rural $1,250,000

Par 72 5,450 Yards Slope 114 Driving Range 161 Acres

· 1,794 sf clubhouse

Nine hole golf course at the base of the Sangre de Cristo Mountains.. It is located on 161+ acres with water rights and spectacular views. The club house, that is approximately 1794 square feet, houses a restaurant, bar, and pro shop with a patio overlooking the course. Wrought iron tables and chairs were added to the 1202+/- square foot patio. Living quarters, that are 836+/- square feet, are on the second level. There is also a pavilion for receptions, meetings, banquets, and other functions. All the greens and tee boxes have been replaced and seeded with Dominant Extreme bent grass, the driving range has new yardage banners, the irrigation system has been expanded to include all the green and fairways and the majority of the sprinkler heads have been replaced with Rain birds. The pond has been enlarged and dredged and the irrigation ditches have been maintained regularly. A maintenance barn is approximately 1152 square feet. See listing agent for a complete inventory list.

#2193 Resort Resort/Semipriv 18 Holes Resort Area $15,000,000

· 25,000 sf clubhouse with two restaurants

· Fitness center, tennis courts, pool complex

Located in Colorado is this golf resort business. A semi-private resort and club featuring a majestic 18 hole championship golf course, private fly fishing lodge, full service fitness center, tennis courts, pool complex, and 25,000 square foot Clubhouse which boasts of two fabulous restaurants. The golf course and restaurants are open to the public. There are over 400 members already at this golf course, and this will rise again next year. Also this resort specializes in accommodating non-golf corporate events, seminars, charitable fundraisers, award banquets, and private parties. Weddings, Spa, hot tub, steam rooms. Tennis courts, offices, Jacuzzi, and a Lot more. This property stands on over 200 acres

#2402 Central Semiprivate 18 holes Mountain SOLD

Par 72 7,053 Yards Slope 136 30 tee DR 160 Acres

· Opened 1997

· 20,600 sf clubhouse

· Famous Architect

· Award winning

#2478 Denver Area TBD TBD Metro REDUCED $17,970,000

TBD 722 Acres

· 700 Lots

· All Approvals in place

· Originally listed at $18,500,000

Fully approved, annexed and zoned golf community in the best natural lake setting in northern Colorado. Property overlooks 850 acres of water. All approvals are in place for 700 homes, golf clubhouse, convention center and 18-hole golf course. All engineering is complete and ready for construction. Metro district approved. All offsite utilities to site. Water rights in place for golf course.All engineering is complete and property is ready for construction.

#2635 Northcentral Daily Fee 18 Holes Resort REDUCED $13,000,000

Par 71 7,200 Yards Slope 131 20 Station DR 250 Acres

· Reduced from $14,000,000

· Signature Course

· Under 10 years old

· Development Land

Master-planned golf course community. The elegant design of both the golf course and lots kept the pristine features of the land enact while creating an exciting community. What better way to spend your time than in the amazing Colorado outdoors. Spectacular 360 degree views of the snow-capped Rocky Mountain National Park, Continental Divide and surrounding mountains.

Golf Course is an 18-hole, Signature championship design. The course' s heartland style will challenge your imagination with Scottish-style golf in a spectacular setting. This offering has a wide variety of home styles. Patio homes, town homes, four-plex, duplex and custom home lots allow for pricing structures to accommodate all buyers.

#2748 Denver Area Semiprivate 18 Holes Metro $2,950,000

Par 72 7,250 Yards Slope 132 15 station DR 114 Acres

Known for the best views and best greens, This Golf Club is a semiprivate course located near a prime vacation destination. Enjoy panoramic views while playing on the 18 hole championship golf course. 4,800 SF maintenance facility, spacious banquet facilities ideal for weddings, tournaments and corporate events and well-appointed grill area is an excellent complement to golf operation.

Connecticut Golf Courses for Sale

#2107 Northern TBD Rural REDUCED $1,000,000

· 117 acre tract

· Designed and permitted for 18 hole golf course with 18,000 sf clubhouse

· Approved indoor practice ring, putting rang, bar restaurant

· 100 luxury gated residential community (1,200 1,850 sq ft) (not permitted- preliminary) units is proposed

· Seller has spent 1.5 mill in permitting alone

· Willing to do 100% owner financing and/or work with the buyer to finish and finance the project

· Near Interstate 395 - convenient to Boston and Providence

· Originally listed for $2,000,00

· Great location for an entertainment facility, hotel, golf course or even just residential development. At this price you can't go wrong!! Great potential and expansion opportunities to current plans.

#2140 Eastern TBD $85,000,000

· 648 Acre development opportunity

Conveniently located just 7 miles from Mohegan Sun, 11 miles to Foxwoods and MGM Grand Casinos, Franklin Hills and Poppins Hills (648 acres) in the south central section of Franklin, CT have been approved for development of an 18 hole championship golf course, 250 room hotel and spa, 20,000sf of retail space and 1124 residential housing units. This development has direct access to city water, sewer and natural gas.

#2450 Southeast TBD $3,200,000

· 334 Acre development with 18 hole course approved

Outstanding development opportunity on 334 acres in East Lyme and Montville, CT. As proposed and permitted in 2004, opportunity consists of plans for an 18-hole championship golf course, 70 active-adult residential units, and other amenities.

Delaware Golf Courses for Sale

Florida Golf Courses for Sale

#1251 South Florida Daily Fee 18 Holes Metro $3,000,000

Par 72 6,300 yards Slope 130 Aqua Driving Range 119 Acres

· Some land available for multi-family development

· Close to I-95

18 hole upscale golf course on 118 +/- acres in fast growing Brevard County. Clubhouse, maintenance building, pro shop building (currently closed). Aqua driving range, many profit centers. Excess land for additional multi-family development.

#1655 Central Semiprivate 18 Holes Rural $975,000

Par 72 6,300 Yards Slope 120 Driving Range 130 Acres

· Olympic Pool

· Possible redevelopment opportunity

One of the area's oldest hidden treasures. Clubhouse has dining room, banquet room, and there is an olympic size pool. Features brand new greens and new irrigation! Price also includes ample development land with favorable zoning

#1663 Central FL Semiprivate 18 Holes Metro SOLD

Par 71 6,500 Yards Slope 125 Driving Range 150 Acres

· Course is profitable

· Originally priced at $5,900,000 reduced to $2,250,000

#1731 Central Florida Semiprivate 18 Holes Metro REDUCED $4,200,000

Par 71 6,600 Yards Driving Range 200 Acres

· 100 Developable Acres zoned 8 units/acre

· 14,000 sf clubhouse with restaurant and two bars

· Pool, tennis courts

· Positive NOI!

· Originally priced at $5,900,000

#2229 South Florida Daily Fee 18 Holes Metro $5,000,000

Par 72 7,100 Yards Slope 132 Driving Range 230 Acres

· REDUCED FROM $5,600,000

· Famous Designer

· Well-known and respected golf course

Convenient location - one mile off both the Florida Turnpike and Interstate 95. The course is a 72-par course that plays over 7,000 yards from the black tees. All carts feature Par View computerized digital cart display showing accurate course yardage and layout based on Global Positioning Satellite Systems.

The first class course comes with a on-site full service golf shop featuring the latest merchandise to satisfy all your golfing needs. A full service restaurant, bar, and grill are also on site. As a bonus, the property also comes with accommodations for up to 80 people for meetings. As a final potential bonus, the property currently rents space to a real estate brokerage on a month-to- month basis. This could be another opportunity for a relative to have a job on the property other than working on the golf course. With the amount of homes in the area, this little office does very well and sees a lot of traffic.

This course has a history of being a VERY busy public course that does approx. 55,000 rounds every year! The bulk of visitors migration from the northeast and Midwest just to play golf in the area. This is a well located and well established course that was originally built in 1996 when there was nothing around it no one around it. Today, all around the course, are brand new homes and subdivisions with an average recent value of $600,000 each.

#2311 Central Resort/Daily Fee 36 Holes Small City Reduced $2,800,000

Par 72 7,000 yards Slope 130 22 station D.R. 300 Acres

· Two championship golf courses

· 16,000 sf clubhouse

· Development parcel approved for 124 units

· Originally listed for $3,800,000

Golf Course, 36 holes with 16,000 sq ft clubhouse, full service restaurant, sports bar, driving range, and development parcel zoned R-3 approved for 124 units. Total 300 acres.

#2349 Tampa Area Executive 18 Holes Metro Reduced $1,000,000

Par 60 3,300 Yards 25 station D.R. 50 Acres

o Originally Listed at $2,000,000

o Zoned AC so potential for redevelopment.

#2371 Panhandle Par 3 9 Holes Rural Reduced $229,000

Par 54 No Driving Range 10 Acres

· Originally listed at $289,000

This is a NEW ten (10) acre parcel that was constructed for a '9' Hole-Par '3' golf course. It features 3 ponds located within this manicured grounds. Recently completed. Also, a clubhouse with owners quarters, which could easily be converted to a snack bar or 'possible' sm. rest..MUST SEE TO APPRECIATE!

#2479 West Palm Area Semiprivate 18 holes Metro SOLD

Par 70 6,008 Yards Slope 125 18 station Driving Range 851 Acres

· 70 Acres of Commercial

· 264 Acres Residential

18 hole golf course plus 70 acres of commercial property, 46 acres of industrial property, and 264 acres of residential property. Golf course takes up 140 acres.

#2532 Panhandle Daily Fee 18 Holes Rural Not Disclosed

Par 72 7,300 Yards Slope 133 30 station Driving Range 1,040 Acres

· Includes 780 lots

Designed as a 1040 acre, 780 lot, golf course and equestrian community in the beautiful Florida Panhandle. The stately three million dollar, 9600 square foot entry building through which guests must drive in order to enter or exit the property, clearly represents Heritage as the most upscale and prestigious property in the region. Offering its own lake, the property also is a mere thirty minute drive from the sugar white beaches of the Gulf of Mexico. Moreover, the golf course has been recognized by Golf Digest as one of the premiere new courses in the country. Thus, the property has proven incredibly desirable to affluent families and retirees, alike

#2541 Central Daily Fee 18 Holes Small City UNDER CONTRACT

Par 72 6,450 Yards Slope 130 15 Station Driving Range

Central: This beautiful ans challenging, Ron Garl designed golf course is rated Four Stars .Golf Course is a 18 holes, par 72, measures 6431 yards from the back tees. The tree lined fairways, , water hazards, undulating greens and strategically placed bungers will demand your full attention. This medium-length layout has three sets of teeboxes, for fun but challenging golfing experience. The course rating is 71 with a slope rating of 130.

#2569 Orlando Area Semiprivate 18 Holes Metro Not Disclosed

Par 72 7,050 Yards 50 station DR 1,383 Acres

· Master planned Development

Spectacular master planned residential golf course community with Signature golf course and approved for 2,250 homes, 120,000 commercial and 120 multi-family units. 141 finished lots with roads and utilities in place on and near golf course. Fully furnished and equiped sales center

#2589 Daytona Area Semiprivate 18 Holes Metro REDUCED $1,995,000

Par 72 6,750 Yards Slope 124 30 station DR 113.5 Acres

· Originally listed at $2,900,000

· Lighted Tennis courts

· Pool

113.5 acre, 18-hole championship Golf & Country Club with magnificent oaks. This excellent design features small, well bunkered greens and wide open fairways. Abundant doglegs lend to the character of this unique layout, the courses’ most talked about feature. Golf pro shop, bag storage room, club repair room, spacious office, locker rooms, health club, six lighted tennis courts, swimming pool, restaurant and banquet room add to the amenities package.

#2630 Ft. Lauderdale Area Semiprivate 27 Holes Metro $12,000,000

Par 72 7,100 Yards Slope134 20 Station DR 234 acres

· Lender requested Sale

· 46 Room Inn

· 200+ Townhome development opportunity

/-234- acre parcel, with 200+ townhome sites, 27 holes of golf with existing country club facility. 46-room Inn, with rights for 92 rooms. Lender requested sale.

#2675 Tampa Area Daily Fee 18 Holes Metro Not Disclosed

Par 72 7,254 Yards 30 Station DR

· 6,000 sf clubhouse

· Course less than 10 years old

Upscale, 18-hole championship golf course. The club draws from a population of 4.2 million people within a 50 mile radius. This award-winning design was immediately recognized as Florida' s Premier Links Course and has quickly become a local favorite. From an investment standpoint, this is an opportunity for potential buyers to acquire a $7 million asset at well below both replacement and development cost. Bring ALL OFFERS! Property is currently un-priced due to sale by court order. The course is located within a stable golf market with potential housing growth and a new university all planned for close proximity. Need for a permanent clubhouse and pro shop can be built out of cash flow providing upside in all revenue centers. Additional upside exists to grow rounds and revenues through stabilized membership.

#2695 Tampa Area Resort Course 18 Holes Metro $6,000,000

Par 71 6,600 Yards Slope 124 25 Station DR 135 acres

Resort course featuring famous architect. Profitable. Recently renovated in 2001 and is surrounded by million dollar homes. Currently has 220 members.

#2701 Tampa Area Daily Fee 18 Holes Metro $2,350,000

Par 72 6,800 Yards Slope 139 25 Station DR 156 Acres

· 11,000 sf clubhouse

Links-style design that features many elevation changes with attractive framing of greens by the use of pine trees, water and large snow-white sand traps. The 11,000 square-foot, plantation style clubhouse is both elegant in decor and efficient in design. In a departure from the large and inefficient clubhouses crippling other facilities, this cozy enclave offers beautiful views of the double-barrel ninth and eighteenth fairways from either the dining room or surrounding outdoor balcony and patio. Great location in an affluent suburb. 11,000 sf plantation-style clubhouse. Course recently upgraded!

Purchase of this club gives an investor instant presence in one of the country's busiest golfing MSAs. Strong income, age, and ethnicity demographics are excellent for golf course ownership. Local support from 852 rooftops in the Housing Community, and a median area household income of $70,351, fortify future demand. New ownership energy translates to an immediate turnaround opportunity.

#2756 Daytona/Orlando Area Daily Fee 18 holes Metro/Resort $4,500,000

Par 72 7,100 yards Slope 128 50 Station DR 282 acres

· 157 acres developable plus golf course

· Up to 475 units development

The golf course is under new management and is gaining market share. The course is quickly gaining market share. The course is on 105 acres and the remaining 157 acres can be developed residential or commercial. Zoning exists for developing 475 residential units. It has a successful restaurant and banquet facilities.

#2771 Central Daily Fee 9 Holes Rural $2,563,000

Par 72 Driving Range 149 acres

· 75 developable acres + golf course.

· 1,840 sf home

· 4 rental units

A scenic river front property you'll have to "See to Appreciate". The 149 acres consists of a 9 hole, par 72golf course along the river and 74.64 undeveloped acres that is approved for another 9 holes and lot homes. The vacant parcel was rezoned from R-2, F-R, and A-1 to PUD (Planned Unit Development) in 2007. Also includes 1,840 sf residence and a fishing pond!Cozy club house complex that sits beneath ancient oaks that includes 4 rental apartments; 3 buildings for storage of the maintenance equipment & machinery for the course, also included in this offering. The computerized irrigation system uses a 4" & 8" well for watering the course. Two 4" wells provide drinking water to the club house, apartments and residence.

#2810

Georgia Golf Courses for Sale

#1356 Columbus Area Daily Fee 18 Holes Metro REDUCED $7,500,000

Par 72 7,000 Yards Slope 140 Driving Range 557 Acres

· Originally listed for $9,000,000

· 535 Acres

· 571 Lots ready for sale!

· Housing shortage in area!!

· Owner financing available

This 535 acre property in Columbus Georgia, is a championship golf course and 571 residential lots for sale. The course is a rolling terrain, very wooded with many lakes, 7000 yds par 72. The It is ideal for a reasonably priced homes very close to Fort Benning Ga. The course was built in 1998 and about a third of the course is occupied with single family dwellings. Because of the tremendous growth in the Columbus Georgia market we feel the 571 lots can be sold in the next 5 years. Fort Benning is adding 15000 new personnel, there is also 25000 retired military in the region, Kia motors has added a factory employing 12000, it is also the home Aflac employing 7500 and dozens of other nationally know companies. There are NO OTHER golf courses in the Columbus area that have existing golf course lots for sale. If all the lots are sold within the next 5 years it should generate a NET operating income of around 21 million dollars. Plus you will still own the golf course which could be turned into a country club with all of the new homes in the area. A very similar community close by sold out 900 golf course community lots within 3 years. Do not miss this opportunity. Over 700% RO

The golf course and residential community is located just outside Columbus Georgia in a very beautiful wooded, rolling terrain. Owner will carry paper with 2.7 million cash down, you must have a minimum 2.7 million in liquid cash to qualify. The property is currently lien and debt free and should be appraised in the 12 to 14 million dollar area. The price of $2.7 million is for a full 50% share in the property, you can be a working partner or investment only.. If you would like to own it outright the price is $9.8 million, and the current owner will stay on if required. The owner has developed over 150 golf courses and golf course communities throughout north america.

#1728 Statesboro Area Daily Fee 18 Holes Metro SOLD

Par 72 6,500 Yards Slope 120 Driving Range 167 Acres

· 9,500 sf clubhouse

· 25 developable acres inside the course and three to five large lots on the course perimeter

· Course is currently CLOSED

#1848 Atlanta Area Daily Fee 18 Holes Metro SOLD

· Golf course completed, but never opened.

· Course could be playable in 60 days

· Optional 242 Developed lots

· Optional 209 Additional Acres for Development

Golf course development in suburban Atlanta area, very convenient to airport. Optional 242 developed lots and 209 acres of raw land for future development. Golf course was completed but never opened. Needs equipment and maintenance building. Driving range needs to be completed. Outstanding opportunity!

#2179 Southwest Daily Fee 18 Holes Small City $1,000,000

Par 72 6,900 yards Slope 134 Driving range 180 acres

· OWNER FINANCING AVAILABLE

Semi-private 18 hole golf course, located on the historic Flint River and Lake Chehaw. The course was designed and built in 1995 turn key. Voted best of the best golf club in our area. Owner Financing available, 20% down. Includes a profitable Food & Beverage department and a solid member base. The current owner was involved in the original 1995 cunstruction of this par 72 course. The layout measures 6,919 yards. The course rating is 72.9 and the slope rating is 136. The major improvements include a 6,169 clubhouse, swimming pool and cabana, golf maintenance/golf cart storage steel building. All structures are well maintained and need no repairs. The fairways and tees are 419 Bermuda, low maintenance and draught resistant. The greens are Tift Dwarf Bermuda and are built to USGA specs. All greens are in excellent shape with no blemishes or foreign grasses. Irrigation is from an irrigation pond located on the property. There has never been a problem with lack of water for irrigation, even through extreme draughts. The course has a fully automatic double row Toro irrigation system with nine satelite control boxes. The golf practice facilities include a lighted putting green and a 3 acre driving range with bunker practice.

#2305 Southwest Daily Fee 18 Holes Small City $865,000

Par 71 6,241 Yards Slope 122 25 station DR 127 Acres

#2396 Southeast Semiprivate 18 Holes Coastal REDUCED $1,500,000

Par 71 6,850 Yards Slope 136 30 tee Driving Range 187 Acres

· 5,500 sf clubhouse

· Nightly rental apartment in clubhouse

· Saltwater swimming pool, tennis courts

· Originally Priced at $2,600,000

Beautiful 18 hole course on 187 acres lots large LIVE OAK TREES. Beautiful Club house with restaurant and bar ,Tennis courts, New Pool& fitness center with steam room and sauna, hot tub out by POOL. POOL IS SALT WATER. Clubhouse has Penthouse apartment that rents for $200 nite. Large maintenance barn & shop.

#2454 Augusta Area CLOSED 18 Holes Small City $750,000

Par 72 6,514 Yards Slope 114 No range 111 Acres

· Redevelopment Opportunity

18 Hole golf course now closed. The property has an over 110 Acres, pro shop building and storage building. The property has irrigation and a pond in the center of the site. The property could be subdivided into residential tracts. The property could also be used at a tree farm or landscaping business. Acerage is estimated and taken from County records

#2468 Atlanta Area Semiprivate 18 Holes Metro REDUCED $2,100,000

Par 72 6,602 Yards Slope 125 25 Station Driving Range 400 Acres

· Originally listed for $3,000,000

· Rated in the Top 10 for Georgia

· 400 Acres

18-Hole Golf Course. Just reduced from 4.7 million. This couse is situated on approx. 400 Acres and is one of Georgia's TOP TEN 18 Hole Golf Course. It has a club house, restaurant, cart barn, maintenance shop, driving range, and practice putting green. The golf course is in EXCELLENT CONDITION .

#2611 Northeast Mountains Resort 18 Holes Rural Reduced $2,96 0,000

Par 71 6,901 yards 20 station DR 162 Acres

Daily fee golf club that includes approximately 162 acres that was originally designed by Bill Watts and built in 1971. It is comprised of an 18-hole championship golf course, a golf cart storage building, a golf maintenance building and a partially completed Clubhouse. In 2007, the golf course was renovated under the direction of architect, Bill Bergin. Renovation was designed to support a relatively high end real estate development; the greens and tees are bent grass and it is the only golf course in Georgia with bent grass fairways. The par 71 golf course stretches out to more than 6,900 yards as it wanders through a beautiful Georgia mountain valley with picturesque gorges and mountain meadows. The entire course is fully irrigated with an automatic system. Water for irrigation is abundant and is primarily from ponds and lakes constructed on site

#2615 Atlanta Area Executive 18 Holes Metro Not Disclosed

Par 61 4,100 Yards Slope 125 40 station DR

18 hole, par 61 executive golf course, leasehold estate, recently planted all new greens and renovated much of the golf course. The course features new Champion Bermuda grass greens that putt as well as Bent grass, but do not suffer from the summer heat. Some holes play like a links course, some through the trees and up and down. Hole number eight just may be the most challenging par three in Georgia. This 18-hole executive golf course has 12 par threes, 5 par fours, and 1 par five for a par 61. This is the perfect course for golfers who want to play a quick round, save some money, or who are just learning the game.

#2638 Atlanta Area Daily Fee 27 Holes Metro Not Disclosed

Par 72 6,900 Yards Slope 146 10 Station DR 205 Acres

27 hole championship links core golf course designed by Georgia golf architect Mike Young. The course features Bent grass greens and Bermuda fairways and tees. At the center of the course is a beautiful 20-acre lake. Heritage Golf Links provides unsurpassed golf practice facilities, including an expansive and well-lighted driving range with simulated target greens (replete with bunkers), all-grass tee boxes, well-conditioned golf balls, putting green, chipping and pitching green, and an array of PGA-certified teaching professionals. The range is also home to a 5,000 square foot teaching and fitting center. A newly remodeled 12,000 square foot clubhouse with a contemporary decor features terrific views of the lake and golf course. A large stone patio and fireplace are adjacent to the lake and clubhouse, providing an ideal venue for outdoor weddings or special events. The clubhouse also features a full service restaurant and bar with flat screen televisions.

#2649 Atlanta Area Par 3 18 Holes Metro $699,000

Par 54 2,200 Yards Slope 113 7 Station DR 35 Acres

· Includes 4/4 house!

Atlanta area: 35.5acre, 18 hole par 3, golf course with driving range. clubhouse/kitchen, barn, including all mowers & equipment. 4br/4ba house on property. Paved cart paths. Currently operating as public course. Golf carts leased. Great opportunity to live in the country and practice your golf game whenever you want. This would be a great property for a not for profit originations to host camps to teach people to play golf!

#2785 Atlanta Area Driving Range Metro $7,500,000

· Redevelopment opportunity

16.5 +- acres of land in Atlanta area. Zoned C-2. This site was used as a golf center. There is a 2,424 SF building on the property currently.

Hawaii Golf Courses for Sale

#2834 Hawaii Daily Fee 9 Holes Metro $10,000,000

Par 70 5,400 yards Slope 112 122 Acres

Golf Course with nearly 1 mile of sandy beach frontage. Kahuku Golf Course is a nine-hole par 36 course with approximately 122 acres of land. Buyer to do own due diligence on future development and use of the course.

Idaho Golf Courses for Sale

#1145 Mountains Resort 18 holes Resort REDUCED $1,590,000

Par 72 6,700 yards Slope 130 Driving Range 135 Acres

· Originally listed at $6,175,000

· 14,000 sf clubhouse

· 20 residential lots

18 hole championship golf course, par 72, 6,700 yards, on 135 acres inside a masterplanned community of 436 privately owned lots. Built in 1980. Fully operational resort with experienced and dedicated management and staff. A turn key opportunity for an investor or operating company. Includes 14,000 sq ft clubhouse with upscale restaurant , bar, pro shop, locker rooms, cart storage, 72 new Club Cars, new maintenance facility and equipment, outdoor pool, spa, poolside restauranand fitness facility. Includes 20 residential lots. Over $50 million invested over 25 year history. Current land development opportunity may be negotiated. Additional adjoining lands also available. Water rights are transferred with property and have continuous preference since 1914.

#2650 Eastern To Be Built TBD Rural/Resort Now $16,400,000

Par 72 TBD TBD TBD 5,400 Acres