oakland hills golf course - sale brochure · flowing property that will continue to thrive. along...

Council Chair Of Single Tenant [email protected]

PETER COLVIN

Associate [email protected]

DAVID ANDERSON

Executive [email protected]

FRANK JERMUSEK, JDPROPERPROPERTTY HIGHLIGHTSY HIGHLIGHTS

18-Hole championship golf course

Great Location next to the popular Firekeeps Casino

15+ % Cap Rate

Playing over 6600 yards

Situated on 120 acres

Located adjacent to I-94 (Interstate from Detroit to Chicago)

Additional 74 acres of land available for development

PRESENTED BPRESENTED BYY::

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

FOR SALE | GOLF COURSE

OAKLAND HILLS GOLF CLUB11619 H Drive North | Battle Creek, MI 49014

SSALE OALE OVERVERVIEWVIEW PROPERPROPERTTY DESCRIPTIONY DESCRIPTION

A pristine and very well maintained golf course that is 2 miles fromFireKeepers Casino and Hotel Complex as well as other significantdevelopments in the area. Oakland Hills is a staple in the community withover 40 years of single family ownership and operation. This is a veryprofitable operation with a 15% cap rate, for the right investor or owner/operator, Oakland Hills is a great opportunity to acquire a positive cashflowing property that will continue to thrive. Along with the golf courseoperations, there is an additional 74 acres of land that can be used fordevelopment purposes.

PROPERPROPERTTY HIGHLIGHTSY HIGHLIGHTS

▪ 18-Hole championship golf course

▪ Playing over 6600 yards

▪ Situated on 120 acres

▪ Michigan State University's turf program recognized course as "Best

Green's in Tri-State Area"

▪ Located adjacent to I-94 (Interstate from Detroit to Chicago)

▪ Additional 74 acres of land available for development

SALE PRICE: $749,000

AVG. OF 2014/2015 EBITDA $113,766.50

LOT SIZE: 120.0 Acres

BUILDING SIZE: 3,538 SF

YEAR BUILT: 1862

ZONING: RR

CROSS STREETS:H Drive North& Eleven MileRoad

11619 H Drive North, Battle Creek, MI 49014

OAKLAND HILLS GOLF CLUBFOR SALE | GOLF COURSE

FRANK JERMUSEK, JDFRANK JERMUSEK, JD


DDAAVID ANDERSONVID ANDERSON


PETER CPETER COLOLVINVIN


All Sperry Van Ness® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

nornorthcthco.o.ccomom











POPULAPOPULATIONTION 25 MILES25 MILES 50 MILES50 MILES 100 MILES100 MILES

TOTAL POPULATION 272,461 1,582,104 6,522,473

MEDIAN AGE 39.1 37.0 36.6

MEDIAN AGE (MALE) 38.0 35.8 35.5

MEDIAN AGE (FEMALE) 40.2 38.2 37.6

HOUSEHOLDS & INCHOUSEHOLDS & INCOMEOME 25 MILES25 MILES 50 MILES50 MILES 100 MILES100 MILES

TOTAL HOUSEHOLDS 105,281 615,974 2,463,824

# OF PERSONS PER HH 2.6 2.6 2.6

AVERAGE HH INCOME $56,871 $58,121 $61,816

AVERAGE HOUSE VALUE $152,795 $167,073 $174,608

oakland hills golf course - sale brochure · flowing property that will continue to thrive. along...

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