Must Sell Golf Course And 571 Lots For Sale

Business description

THIS IS A MUST SELL PROPERTY......PROPERTY HAS NO DEBT. A Residential Golf and Lakes Community seeks a Partner for $2,600,000 or will sell in its entirety for $6800000... The Community is in a beautiful setting; complete with rolling terrain and creeks; just north of Columbus, GA. This offer includes an 18 Hole Championship Golf Course on 200 acres of land. The Golf Course was ranked as one of the Best New Public Golf Courses. In return for the investment, the New Partner would acquire 50% of the existing inventory; comprised of 5 existing lots in Phase 1, a $270,000 value, 27 lots in Phase 2 a $1,350,000 value, a +/- 200 acre parcel with Resort Zoning (Master Plan is approved for 428 Single Family Lots. and 10 acres of Commercial Development), a 34.5 acre parcel with R3 Zoning (Master Plan is approved for 142 villas), an 18 hole golf course with a Mega Practice Facility, 41 acres of lakes, 10 acres of open space, a 6,000 sq. ft. Golf Course Maintenance Building, a complete fleet of Golf Course Maintenance Equipment, and a 2,800 sq. ft. Temporary Club House, once the current owner and the new partner’s project investments are paid back. The sellout profits are speculated to be between $18,000,000 and $21,000,000. Nearby, Fort Benning is in the mist of a long term base expansion. They are currently negotiating a 100,000 acre expansion to the base. There are currently 17,000 military retirees within 30 minutes of the community. That number is expected to double in the near future. This influx of military personnel, civil service employees, families etc. has attracted numerous businesses to the Columbus, GA area. These range from a Fortune 500 Company to a Global Technology Company. A new Super Walmart is located 5 minutes from the Development. Potential Partner must have $2,600,000 cash (will be secured). Ready to hear more? Please contact for additional information.

Property information

Real Estate:

Real Property Included

Location:

Conveniently located just north of Columbus, GA, in Harris County Georgia, near Fort Benning, this 570.05 acre Development is a combination of 2 Zoning Categories. 535.57 acres are zoned Resort. 34.48 acres is zoned R3 High Density Residential. Call to schedule a visit today.

Premises details:

Over 570 acres with 18 hole golf course and it is resort and residential zoned.. .

Other information

Expansion potential:

Enormous potential. THE PROPERTY HAS 571 LOTS FOR SALE AND THERE IS A HOUSING SHORTAGE IN COLUMBUS GA. WITH ALL LOTS SOLD BUYER COULD NET OVER 23 MILLION DOLLARS IN 5 YEARS.

Competition / Market:

No concerns

Support & training:

As required

Reasons for selling:

Owner is seeking a partner. Potential partner must have $2,600,000 in cash. Will be secured.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

WITH 2.5 MILLION CASH DOWN THE OWNER WILL CARRY A NOTE OR BECOME A PARTNER WITH THE BUYER.

The property has no debt and totally unencumbered...