SOLD: Indian Springs Golf Club
La Quinta / Indio, CA


Price: $6,000,000

Down Payment: $6,000,000
Year Built: 1962 (2000-04 Renovation)
Total Acreage: 145.37

Property Overview

Holes: 18
Yardage: 6,794
Type: Daily Fee
Par: 72
Rating: 72.6
Slope: 128
Property Vital Data

- 18-Hole Daily Fee Golf Club
- Golf Course (2000) & Clubhouse (2004) Recently Renovated
- 8,000 SF Clubhouse with Pro Shop and Restaurant
- Comprehensive Golf Practice Area
- Located within Tourist Destination of Greater Palm Springs
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Investment Highlights

- T-12 Gross Revenue of $2.75M from Over 35,000 Rounds Played
- Positive Cash Flow DAY 1 | T-12 NOI/EBITDA of $263,940
- Supported by Neighborhood of 900 Homes Surrounding the Course
- Includes Developable Parcel Capable of Accommodating 4 Residential Homes





 
 
 

 

 
 
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EXCLUSIVELY LISTED BY:

Raymond Demby - LEAD AGENT
Investment Advisor
Leisure Investment Properties Group
(813) 387-4725
rdemby@marcusmillichap.com

Steven M. Ekovich
National Managing Director
Leisure Investment Properties Group
(813) 387-4791
Steven.Ekovich@marcusmillichap.com

Kent Williams
Broker of Record
Marcus & Millichap, San Diego