SOLD: Monroe Golf & Country Club
Monroe, MI

Price: $1,850,000

Down Payment:
Year Built: 1919
Total Acreage: 180 MOL

Property Overview

Holes: 18
Yardage: 6,400
Type: Private Member-Owned Equity Sale
Par: 72
Rating: 71.0
Slope: 130.0
Property Vital Data

18-Holes Donald Ross Design
Non-Profit 501(c)(7) Member-Equity Sale
13,500-Sq. Ft. Clubhouse with Banquet Ballroom
Pool Complex & Tennis Structure
180 MOL Acres Zoned R-1A Single-Family Residential
*** Register or Login to View Documents ***

New Users Must Register before Viewing Documents.

Investment Highlights

Offered at 1.10x Multiple of $1,683,450 in Trailing 12-Month Gross Revenue
Dues Revenue of $586,590 from 204 Members
30-Mile Population of 1.8 Million
15.39% Cap Rate on Projected $285,000 in NOI/EBITDA



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.



Copyright © 2009 National Golf and Resorts Properties Group




Current Customers Login Here

Email Address:


Enter Email Address and select Submit.  Your password will be emailed to you.

New Users Must Register before Viewing Documents.








Terence Vanek
Associate, Investment Advisor
Marcus & Millichap