200 Arlington Dr - Sports and Entertainment FOR SALE


Granite City, IL 62040
$2,500,000 USD
618-791-7663
200 Arlington Dr, Granite City, IL for Sale
$2,500,000 USD
Sports and Entertainment - FOR SALE
1/42
null | Request Cap Rate

200 Arlington Dr
Granite City, IL 62040


OVERVIEW

Arlington Greens Golf Course is your opportunity to own a prime piece of real estate located close to St. Louis, highways and major attractions. The golf course is a fully operational turn-key business and commercial property offering endless potential. Golfers of all skill levels can tee off on this well-manicured 18-hole course which sits on approximately 179 acres with mature trees and serene ponds. In the last few years Arlington Greens has 55,000-60,000 golfers tee off per year and hosts a variety of tournaments and leagues. The clubhouse offers an event space, pro shop and a convenient place to grab a snack and sit on the patio. The golf course is equipped with a putting green, driving range, 74 golf carts, large tent for events and cart paths to ensure a satisfying experience for all visitors. An extensive list of equipment in the 48' X 75' aluminum shed is included in the sale as well as another 30' X 24' aluminum shed for chemical storage. Additional income is generated by poker machines (new owner will need to apply for license). Arlington Greens Golf Course represents a unique opportunity to acquire a well-established, income-generating property and has a strong potential for continued success. Additional 25 +/- acreage and parcel may be included in the purchase with an agreed upon price. (Subject to survey) See attached documents for maps of course and additional acreage for sale.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$287 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arlington Greens Golf Course

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

204 AC

LAND SF

8,886,240 SF

ZONING

-

APN/PARCEL ID

13-1-21-18-00-000-005

ASK ABOUT THIS PROPERTY

Jim ReppellRE/MAX AllianceMore Info
618-791-7663

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Jim ReppellRE/MAX AllianceMore Info
618-791-7663

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