SOLD: Meadows Farms Golf Course
Locust Grove, VA


Price: $1,750,000

Down Payment:
Year Built: 1993
Total Acreage: 263

Property Overview

Holes: 27 (+ warmup hole)
Yardage: 7,014
Type: Daily Fee
Par: 72
Rating: 74.4
Slope: 138
Property Vital Data

- Three 9-Hole Courses, Plus Warm Up Hole
- Turnkey Asset with Outstanding Growth Opportunities
- 8,100 Square Foot Clubhouse
- 4,200 Sq.Ft. Cart Storage (100 Gas Golf Carts)
- Grass Driving Range
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Investment Highlights

- Positive Cash Flow DAY ONE
- $1.4M Gross Revenue (Including Leased F&B Operation)
- 30 Mile Radius: Average Household Income Over $98,000
- 30 Mile Radius: Population Increase of 40% Since 2000
- Converted Fairways to Patriot Bermuda in 2011
- Located near Fredericksburg, VA between
Richmond, DC & Charlottesville


 
 
 

 

 
 
Please visit our Listings Page to get an overview of our portfolio of Leisure Investment Properties for Sale in the United States. In addition to the properties for sale on our site, we have additional resources to find investment properties for sale anywhere in the United States.
 
     
 
 
     
   
   
 
 
   
   
 
 
 

 

 

 
 
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EXCLUSIVELY LISTED BY:

Rob Waldron
Investment Associate
Marcus & Millichap
813-387-4784
Robert.Waldron@marcusmillichap.com

Steven M. Ekovich
Vice President & Managing Director, National Golf & Resort Properties Group
Marcus & Millichap
813-387-4791
Steven.Ekovich@marcusmillichap.com

Payton Banks
Broker of Record
Marcus & Millichap REIS Virginia