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National Golf & Marina Properties Group

News

IS IT THE RIGHT TIME TO BUY OR SELL A GOLF COURSE OR MARINA PROPERTY?

If your property lost money last year and the previous two years were flat, you probably know the answer. But like the five stages of death (denial, anger, depression, bargaining, and acceptance) dealing with the reality can be hard. Discount mid term election “happy talk” coming out of recession free Washington. The cavalry was wiped out by the bank bailout.

Depending on your particular situation, you may recoup some of your investment or you will cut your losses. The market for golf courses resembles the market for apartments in the early nineties: the value of the property is based on a multiple of gross income and is typically less than replacement cost. Operators with economies of scale and foreign buyers are in the market and will pay cash. If you can afford to finance the balance of a sale after a sizable down payment we may be able to help you get a better price. Spring is the best time to sell a golf course and there is still time to get the property in good shape for buyers.


1/10/2016 12:00:00 AM


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Featured Waterfront Property

Waterfront Estate / Private Harbor (21-35 acres)

National Golf and Marina Properties Group is pleased to present this rare opportunity to own a private harbor waterfront property off of Lake MI. This 20 acre private harbor / large acreage waterfront is a great lakes destination with the potential for multiple income sources.

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Featured Golf Course Listing

**JUST REDUCED**

Baytree Executive Golf Course
18 Hole Executive Style Course

Located in Tavares, Florida

Features 30+ sand bunkers and five (5) lakes

Clubhouse. golf carts, pro shop, restaurant

Opened in 1990 and current owner is retiring

Includes four (4)vacant lots located by clubhouse

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Featured Marina Property

FULL SERVICE MARINA AND RV SITE NORTH CHICAGO, IL

Has been family owned and operated for generations.
+16 Acres 300 Wet Slips
Slip depth of 4' - 7'
25,700 SF Buildings Storage
Building Boat Showroom
RV Sites
Water & Electrical Hook-up

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Marina Property Listings for Sale Marina listings including Harbors, Boat Yards, Yacht Yards and other Waterfront properties for sale.

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