PA Picks – Bring Along your Clubs and Caddy

February 22nd, 2012 by Ori Klein
It’s tee time at the auction block! This week we’re exploring some golf courses being put up for sale via the auction route. These niche properties could be the next ace in the hole for advantageous investors with grand plans on the green.
Take a look at REI Auctions 154-acre golf course with an additional 336 acres to play with located in Bristol, Tennessee. Adjacent to the Bristol Motor Speedway, this property will be offered in 10 tracts dividing the golf course, or auctioned as a whole. PA is picking this one for its plethora of lucrative recreational possibilities: with several buildings sitting on vast lush greens, the area is ideal for activities including go-carts, ziplining, hosting an RV Park, and of course, golfing for avid players and miniature enthusiasts as well. Auction date is April 5th.

http://reiauctions.com/ViewAuction/tabid/70/AuctionID/115083/Default.aspx

For those looking for the greener pastures of a golf course on a smaller scale, check out Rogers Realty & Auction/Marknet Alliance’s former Sandy Point Golf Course in Hartsville, South Carolina. With approximately 280 acres including 30+/- developed lots, this property includes a full-service clubhouse equipped with men’s and women’s locker rooms, an office, storage space, pro shop and a spacious room ideal for snacks and refreshments. The 18-hole golf course was designed with two par fives on the front and back nine holes, and two par threes on the front and back nine holes. PA digs this listing for its versatility, where potential owners have the choice of restoring the premises to its original golf course splendor, converting the property into a rambling livestock ranch, or building a dream home to putter around in. Auction date is March 17th.

http://www.marknetalliance.com/index.php?subp=1&sct=144&pg=ap&pid=25224


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