200 Arlington Dr - Sports and Entertainment FOR SALE


Granite City, IL 62040
$3,900,000 USD
618-791-7663
200 Arlington Dr, Granite City, IL for Sale
$3,900,000 USD
Sports and Entertainment - FOR SALE
1/41
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 204 acres with mature trees and serene ponds (60-70 acres could potentially be developed into an additional investment opportunity). 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 that were recently purchased, 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.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$448 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 Policy.