11.5% Cap Rate | Premier 18-Hole Golf Course on 140 acres in Newberry,
Asking Price: | $1,600,000 |
SVN | Northco is pleased to present Newberry Country Club ("Property"), an Upper Peninsula golf course located in beautiful Newberry, Michigan. The incredible 18-hole public golf course is situated on 140 pristine acres and features numerous improvements over the past 10 years including a new clubhouse with a restaurant, redesigned bunkers, lengthened holes, and new tee boxes. The property is noted as one of the premier courses in the area with scenery unlike any other and consists of a breathtaking 18-hole course, clubhouse, restaurant, sports bar, and pro shop. Newberry Country Club is filled with unique variety suitable for all levels of golfers. Newberry is located just 45 minutes north of the Mackinac Bridge that connects the lower and upper peninsulas of Michigan. Additionally available, not included in the sale price, are 60 acres of development land and a 3-bedroom home.