1415 E McKellips Rd - Sports and Entertainment FOR SALE


Mesa, AZ 85203- Central Mesa
$2,995,000 USD
602-385-1542
1415 E McKellips Rd, Mesa, AZ for Sale
$2,995,000 USD
Sports and Entertainment - FOR SALE
1/5
null | 14.92% Cap Rate

1415 E McKellips Rd
Mesa, AZ 85203
Central Mesa


HIGHLIGHTS

  • 50,000+ annual rounds
  • Owner willing to accept 14.92% cap rate! Retiring
  • 13 total acres means lower overhead both on the property and employee costs
  • Perfect opportunity for a first time buyer or golf professional

OVERVIEW

The National Golf Foundation has recently stated that development of additional short courses across the country is required in order to satisfy the growing number of new golfers. Given the number of rounds played at Little Oasis (50,000+), this is the type of property they are talking about! Little Oasis Golf Club has a fun and challenging Links style 9-hole layout that will bring satisfaction to every player. There are three Par-4's and six Par-3's with water and bunkers on 6 of the 9 holes. With a Par of 30, low scores aren’t as common as one would think because of the narrow fairways and water hazards. Little Oasis will challenge even the most skilled player which in turn provides a great golf experience. This course is a perfect place for beginners and family members to come out and enjoy themselves. Located in the city of Mesa, the track is a risk-and-reward style layout and due to its length, is suitable for all skill levels of golfer. Although it is a short course, there are challenges to keep golfers on their toes. The two lakes that form water hazards come into play on over half of the holes. It also has strategically placed sand bunkers throughout the entire design that can affect shots. Whether it’s your first time picking up a club or you’re just looking to fine-tune your game, the practice facility at Little Oasis is great for all golfers! The facility features two large greens complete with sand traps and simulated fairways. Range balls are included with a tee time or can be rented separately for unlimited practice. Little Oasis Golf Club is the perfect acquisition for a golf professional or first-time buyer due to lack of overhead and employee cost. The course is projected to have more than 50,000 rounds played in the 2025 fiscal year (ending in September). Its cash flow, for a 9-hole course, is excellent and is a tribute to its popularity in the Mesa/Scottsdale market.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$1,103 USD /SF

CAP RATE

14.92%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Little Oasis Golf Club

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

13 AC

LAND SF

566,280 SF

ZONING

Single Res w/PAD RS-6

APN/PARCEL ID

136-27-574A,136-32-084G,136-32-084H,136-32-087,136-32-089B

ASK ABOUT THIS PROPERTY

Jon KnudsonInsight Land & InvestmentsMore Info
602-385-1542

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jon KnudsonInsight Land & InvestmentsMore Info
602-385-1542

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.