Essex Realty Group, LLC
WHY LIST YOUR PROPERTY WITH ESSEX GOLF GROUP?
* we only accept a limited amount of listings at any given time, that way we can focus on your property and your goals.
* we have been involved in the golf and hospitality industry for over thirty years; we have the contacts within the industry that allow us to “get the word out” about your property and business without compromising your confidentiality.
* being experts in the daily operation of golf and hospitality facilities, we are able to offer our clients valuable suggestions that support and aid in the sale of their business.
* many properties are sold through collaborative marketing/sales efforts with other professional brokers; Essex Golf works with most brokerage firms and we have a successful track record selling and finding properties for our clients.
Interim Management Services
An additional service that is offered by Essex Golf is The Interim Management Service(IMS). The service is designed to assist clubs that are currently being marketed for sale and that are in need of immediate temporary management assistance during the transition. Our Interim Manager will manage the club during the period when the Club is most in need of competent and detail oriented hands-on management. During this period, the Interim Manager will be well aware of the circumstances surrounding the possible sale of the property and will assist both Essex Golf and the owner with presentation and marketing of the facility.
Real Estate Listings – Commercial Properties
Connecticut
The Tradition Golf Club of Wallingford: First time available in over twenty years! More info to follow, won’t be on the market long. $3,750,000 SOLD
Banner Estates and Black Birch Country Club: Rare offering of large development track in CT. 400+ acres with approvals in place for 300+/- homes. 18-hole golf course and other amenities included. Located in East Haddam, Connecticut River Valley and less than thirty minutes of I-95. PRICE UPON REQUEST
CT Commercial Opportunity: Well established golf & sportswear retailer with 6,800 sq. ft. brick and mortar retail space and an active e-commerce site. Golf hard/soft goods offered as well as a wide variety of sportswear. Additional revenue derived from computerized club fitting, club repair, golf club rental and indoor lessons/clinics. Prominent location in affluent shoreline community. Current long term NNN lease significantly below market rates. Huge growth potential for energetic buyer. Contact moneil@essexgolfgroup.com for additional information.
18-hole Course and Club: One of the few Clubs in CT to ever come on the market. Recently renovated and totally turn-key; active annual membership base, event and restaurant business. Selling well below current owner’s investment. Possible conversion to alternative use; housing, campus, commercial frontage. Great opportunity for owner/operator. The Windham Club $2,000,000 SOLD
Quarry Ridge Golf Course: Perched atop one of the highest locations in Central Connecticut, Quarry Ridge Golf Course is an 18-hole championship layout that has been popular with players from both CT and Massachusetts. Located in the town of Portland, the course is situated in the geographic center of the state. Portland is bordered by the affluent community of Glastonbury to the north, and the Connecticut River to the west, and by the city of Middletown to the south. Property also includes a small residence and several potential building lots. $2,795,000 SOLD
Twin Hills Country Club: Busy and profitable 18-hole course in Coventry CT: Well maintained, totally turn-key and ready for some new energy and creative marketing ideas. Located off a major Interstate with frontage on busy Route 44 – the road to UCONN!. This is the only course on the market in highly desirable CT. May also be considered for potential residential/mixed use development. E-mail moneil@essexgolfgroup.com for more info. This one won’t last long. $1,950,000 SOLD
Confidential: Highly Ranked Championship Course & Club: Considered one of the best in the state! First class operation with first class facilities. Great course, great clubhouse and strong revenue stream. Minutes off I-95 and less than one hour from the GWB. Selling for a fraction of the original development costs. Sale price $8,000,000 Contact Mark O’Neil for additional information. SOLD
Farmington Village Landmark: Perfect for B&B, Office Space or Elegant Estate Home 6.5 acres – subdivision possibilities. $1,295,000 SOLD
18 Hole Golf Course on 175+/- ac.: In upscale suburban community. Possible conversion to residential housing, active adult community, or assisted living complex. $6,595,000 SOLD
New York State
Canasawacta Country Club: An 18-hole gem in charming Central New York village! Lush fairways, rolling hills, ponds, and some of the best greens in the region. Very little competition and decades of a solid income stream including an impressive NOI. Clubhouse with large banquet venue and nice ala carte business. Small apartment in clubhouse for owner, pro, manager, etc. Totally turn-key – immediate availability. $1,400,000 PRICE REDUCTION NOW $995,000 NEW PRICE $895,000
Cornish Designed Course With Lodging Component: 18-hole, 7,000 yard Geoffrey Cornish design, superb conditions, rolling hills, expansive views. Banquet center with two distinct function rooms. Georgeous B&B with adjacent Carriage House. 190 +/- acres with opportunities for subdivision or additional lodging units. Located minutes from Binghamton University in upstate New York. Course can be sold w/o B&B for $1,200,000 or total package at $1,950,000 SOLD
Central New York 18-Hole Championship Course: Radisson Greens, a popular public course, over 7,000 yards from the championship tee’s, designed by Robert Trent Jones, Sr. Active restaurant, busy league schedule, growing outing business. Absentee owner; great potential for hands-on owner/operator. Limited OWNER FINANCING for qualified buyer – great opportunity. $2,000,000 PRICE REDUCTION $1,795,000 SOLD
Upstate New York 6,600 Yard Championship Course: Chili Country Club is a busy club with a widely known retail component. Large clubhouse that is ripe for increasing the banquet and event business. Mature, popular with local players; solid league business. 2008 Gross $1.6M. Confidentiality Agreement required for additional details. $2,495,000 OFF MARKET
Vesper Hills Golf Club: 18-hole, 7,000+ yard Cornish designed championship course located just 17 miles from downtown Syracuse, NY. Beautiful views of Finger Lakes, bent grass greens, grass range, small (by design) clubhouse, and lots of available acreage for residential development. Total of 600+ acres. Confidentiality Agreement required for additional details. $2,900,000. SOLD
Confidential Listing: Recently constructed and developed 18-hole championship golf course in New York state. Named designer, fantastic layout. New clubhouse and large maintenance building. Cost of new construction was over $7.5m, owner will sacrifice for $3.495m. May be real estate development opportunities. Contact Mark O’Neil for info. SOLD
Busy Public Course In College Town: Brockport Golf Club, Upstate New York, not far from Rochester, Buffalo and Niagara Falls. Beautiful 18-hole, 6,700 yard, par 72 championship layout set on 160+/- acres, known for outstanding course conditions. Busy, “family-friendly” restaurant, active banquet business, and over 100 outings played per year. Price includes many recent improvements. E-Mail at bottom of page for Confidentiality Agreement to obtain financial data. PRICE REDUCED $950,00 $500,000 SOLD
New York Metro Area Cash Machine – 18 Holes, small clubhouse, 60,000+ rounds, $1,000,000 EBITDA, recently aprraised for $9M, great for continuing golf course operation or make millions on development. Total turnkey operation, 90 day closing, $10,000,000 PRINCIPALS ONLY. E-Mail Mark O’Neil For Info. OFF MARKET
Finger Lakes Course: Live and work in “Wine Country.” 18-hole championship layout located in the beautiful Finger Lakes Region of Upstate New York. Opened in 2000; modern construction with full irrigation, drainage, etc. Separate building houses Golf Shop; clubhouse has popular restaurant and 2-BR apartment for owner. $1,950,000. PRICE REDUCTION NOW $1,250,000 SOLD
9-Hole Course w/ RV Park: Two great sources of income! 9-holes with an additional 9-holes under construction and sixty recreational vehicle sites. The sites are 40’x50′ with electric service, water/sewer, telephone and WiFi. A busy seasonal restaurant serves both ala carte diners and banquet use. Total of 175+/- acres with mature woods and streams. Great opportunity for only $795,000. SOLD
AUCTION! Adirondack Ranch Resort; “1000 Acres Ranch and Golf Course” is being sold at auction. Nestled along the shores of the Hudson River and the Adirondacks, the properties are minutes from Warrensburg and Route 87. In operation since the 1940s, 1000 Acres Ranch has been providing generations of families and friends the chance to breathe, watch the river flow by, ride horses and enjoy a quiet evening by the fire. Consisting of nearly 490 combined acres, this turn-key opportunity may be once-in-a-lifetime. Don’t miss it. This property is just 3.5 hours from New York City, 1 hour from Albany, 4 hours from Boston and 2.5 hours from Montreal. Auction is scheudled for 11/18. Contact us for more information. SOLD at Auction $1,405,000
Pennsylvania
GolfTec Golf Instruction Franchise: Great golf franchise FOR SALE. Located in suburban Pittsburgh, PA. State-of-the-art golf instruction facility with built-in customer base. All computerized swing training and video analysis equipment included in sale. Great location with favorable lease. Totally turn-key operation – new owner can be generating income immediately. $180,00 including all FF&E, marketing materials, customer data base and everything needed to begin your own golf instruction business. SOLD
Vermont
Haystack Golf Club – 18-Hole Championship Golf Course: A Southern Vermont Gem!! Full service golf club, easy access to major highways, Desmond Muirhead designed, very close to Mt. Snow and the bustling village of Wilmington, VT. Currently operating during golf season only, but 4-season amenities available for aggressive operator. Potential for additional land and other assets. Limited owner financing may be possible. Great candidate for EB-5 program (http://www.eb5greencard.com/index.php) Confidentiality Agreement required for further details. $2,495,000 SOLD
St. Johnsbury Country Club – Quintessential 18-hole Vermont experience. Front nine designed by renowned architect Willie Park Jr., back nine added in 1991. Outstanding course conditions; loyal membership; traditional New England style clubhouse with two fireplaces and large patio. Totally turnkey. Aggressively priced at $1,200,000. SOLD
Virginia
27-Hole Scenic Virginia Golf Course: 200+/- acres, 40,000+ rounds annually, $2.5m gross rev’s, practice facility, 15,000 sq. ft. clubhouse, historic guest house with rental income, conference center, special events and single family house too. Well maintained facilities, solid growth potential. $7,500,000 SOLD
Cypress Point Country Club: Ault & Clark designed, 18- hole, semi-private golf course with four sets of tees from 5237 to 6545 yards. Bermuda fairways, bent greens. Opened 1987. Clubhouse offers both casual and fine dining. Tennis courts. Olympic sized swimming pool. In addition to 12,000SF clubhouse, covered 6200 SF patio. $4,500,000 SOLD
New Hampshire
AUCTION! Owl’s Nest Resort & Golf Club; located just off Interstate 93 in Campton and Thornton, New Hampshire at the gateway to the White Mountains and greater Waterville Valley. The resort consists of an award-winning, championship-designed (Mark Mungean), 18-hole, scenic golf course surrounded by a master-planned residential development on 594± acres. The master plan calls for a density of up to 490 units where currently 48 homes have been developed and or sold in a mix of 11 different neighborhoods. The plan also calls for an additional 9-hole golf course. The project was previously approved for the EB-5 Visa Program to complete the build out of all infrastructures for future development. Auction scheduled for Nov. 12th. Let Essex Golf represnt your interests and guide you through the purchase. GREAT OPPORTUNITY! SOLD AT AUCTION FOR $2,200,000
Lochmere Golf & Country Club: This well known and popular 18 hole golf course opened for business in 1992 with 10 holes and expanded to 18 holes in 1997. The entire 18 holes were designed and built by noted New England golf course architects Phil Wogan and George Sargent. The golf course, buildings, grounds and maintenance equipment are all in excellent condition and represent a true “turn key” operation for the aggressive owner/operator. The extensive capital improvements completed by the owner in the recent past will allow the new owner to focus on further business development and increased sales, rather than acquisitions and improvements. The property is being offered at $3,600,000.00 OFF MARKET
Classic Southern New Hampshire Course: Very nice 18-hole course set amidst the rolling mountains of beautiful southern NH. Traiditional clubhouse with warm, inviting bar and restaurnat. Great range – perfect for golf academy in the summer and X-country ski center in winter. Great Price of ONLY $795,000!! Won’t be on the market long at this price. Contact Mark O’Neil for more info. SOLD
Massachusetts
Western Massachusetts Championship Course: Busy 18-hole course located in a very popular tourist area. Nice sized function room, lots of banquets and outings! Total turn-key operation – ready to be assumed ASAP $995,000. E-Mail for More Info. OFF MARKET
Nine Hole Course With Bonus Properties: Located in a charming village in Western Massachusetts, this 9-hole gem sits on 154 acres and includes four residential properties. Limited development potential; selling well below appraised value, and includes all equipment. Turnkey operation. $1,250,000 SOLD
Donald Ross Design In Central Massachusetts: Scenic 9-hole layout designed in 1922 by world-renowned Donald Ross; includes classic New England style clubhouse, and also includes one of the areas only disc golf courses.$395,000. SOLD
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CLICK COMPLETE THE INFORMATION BELOW TO RECEIVE A CONFIDENTIALITY AGREEMENT AND ADDITIONAL INFORMATION:
Upon receipt, we will forward detailed information regarding the specific property you are interested in.
