14.35% Cap Rate | Popular Central Florida Golf Course For Sale
Asking Price: | $5,995,000 |
SVN | Northco is pleased to present the listing of Highlands Ridge Golf Course ("Property"), an exquisite 18-hole golf course nestled in the scenic beauty of Avon Park, Florida. Spread across 243 acres of lush landscape, this premier golfing destination offers a picturesque setting for golf enthusiasts of all levels. The Property is a turn-key operation with a clubhouse including pro shop and irish pub, practice facilities and maintenance buildings & equipment. Known as "One of the Best-Designed Courses" in Central Florida, the course plays over 7,100 yards and has 5 tee boxes with wide open fairways, offering challenges to golfers of all abilities. The sellers have made many recent capital improvements making this a great opportunity for the next owner to step into.
Additionally available at a separate sale price is the Preserve at Highlands Ridge, the south course, that could continue on as an 18-hole golf course or redeveloped.
Sale Highlights:
- 14.35% cap rate - Award-winning 18-hole golf course located in Central FL, designed by world renowned architect, Dave Harmon
- Turn-key operation on 243 acres and plays over 7,100 yards with wide open fairways offering challenges to golfers of all abilities, extensive practice facilities as well
- Upscale clubhouse including pro shop and the recently remodeled Highlands Irish Pub - the one and only Irish Pub of Highlands County
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