WildeWood Country Club Columbia, SC

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1 WildeWood Country Club Columbia, SC 18-Hole Championship Golf Course $1,300,000

2 LIPG Country Club FINANCIAL SUMMARY PURCHASE PRICE GROSS REVENUE $1,300,000 $1,378,581 OVERVIEW Property Name WildeWood Country Club Address 90 Mallet Hill Rd, Columbia, SC # Holes 18 Holes of Championship Golf Acreage 160 Course Par 72 / 6,700 Yards Rating / Slope 72.6 / 132

3 Portfolio Map PROPERTY OVERVIEW LOCAL / REGIONAL MAPS Clemson College of Agriculture WildeWood Country Club Lake Murray Sesquicentennial State Park University of South Carolina Jim Hamilton LB Owens Airport Distance to WildeWood Clubhouse Subject Distance Drive Time Interstate Miles 5 Min Clemson College of Agriculutre 4.1 Miles 10 Min Sesquicentennial State Park 6.5 Miles 12 Min Columbia Place Mall 10.7 Miles 21 Min Jim Hamilton - LB Owens Airport 17.6 Miles 22 Min University of South Carolina 18.3 Miles 23 Min Downtown Columbia 18.5 Miles 24 Min Lake Murray 30.3 Miles 39 Min 3

4 WildeWood Country Club Location Overview Columbia is the capital and second largest city in the state of South Carolina. The first city, as well as the first-planned capital, in America named after Christopher Columbus was founded March 26, 1786, as the center of government, education, and commerce in the Palmetto State. It is known for its rich historical past and modern architectural achievements. Along the streets of downtown one can experience the historic sites ranging from antebellum mansions to the 163 year old state capital building mixed in with modern skyscrapers. Today, the CMA is home to over 200 years of history, beautiful Lake Murray, The University of South Carolina, and the Army s largest training base at Fort Jackson. The city also hosts numerous festivals and recreational opportunities, on an annual basis. Columbia is surrounded by beautiful rivers, lakes, and national parks while also maintaining a strong economy and low unemployment rates. These factors have heavily contributed to low migration rates in terms of family relocation to other states and a high duration of residence. PROPERTY OVERVIEW Columbia, SC 4

5 Overview The of Marcus & Millichap is pleased to exclusively offer the opportunity to purchase WildeWood Country Club (also referred to as The Club ) in Columbia, South Carolina. The Club features 18 holes of Championship Golf, an Expansive 10,000 Sq. Ft. Colonial Style Clubhouse, Pro-Shop, Bar & Grille, Indoor and Outdoor Tennis Facility, and Swimming Pool. WildeWood Country Club is located in Columbia, SC and is the home course of the University of South Carolina Golf Team. The course can be purchased individually or together with Woodcreek. Since inception, both clubs have comingled revenues and expenses. Our analysis included separating these numbers through carefully calculated inferences and making future projections based off running these courses independently of each other. The Club is ideally located within a 25 minute drive of downtown Columbia, and many more densely populated areas while also offering an escape from the hustle and bustle of the city. It is conveniently positioned near Interstate 20, which makes it easily accessible to the public. WildeWood is surrounded by an established family oriented community with an average household income of over $95,000. The course itself is fair, yet challenging, for golfers of all handicaps. It was designed by renown golf course architect Russell Breeden and built from Furthermore, the greens are meticulously maintained in order for WildeWood to remain open all year round. WildeWood has 332 members and generates over $1.3 million in total revenue per year. As a note, Rounds and Revenue are both down compared to previous years due to the fairways being regrassed during the first half of Listing Price PROPERTY OVERVIEW PROPERTY DESCRIPTION 18 Holes of Championship Golf Designed by Russell Breeden Amenities include: 10,000 Sq. Ft. Colonial Style Clubhouse, Pro Shop, Indoor & Outdoor Tennis Facility, & Swimming Pool Conveniently Located 25 minute drive from downtown Columbia and University of South Carolina Projected Year One NOI/EBITDA of $122,002 Supported By a Large Community with a 5-Mile Average Household Income of Over 95,000 $1,300,000 Rounds / Members 04,164 / 332 Number of Holes 18 Avg Rev Per Round $ Current Gross Revenue $1,378,581 Current GRM 0.94 Current NOI / EBITDA ($109,869) Pro Forma Gross Revenue $1,841,710 Pro Forma GRM 0.71 Pro Forma NOI / EBITDA $122,002 Pro Forma Cap Rate / EBITDAx 9.38%/10.66x # 5

6 LIPG Country Club GOLF ADVISORS Steven M. Ekovich Senior Vice President National Managing Director 201 North Franklin Street, Suite1100 Tampa, FL Tel: (813) Lic. FL BK Drew Babcock Broker of Record Marcus & Millichap 1320 Main Street Columbia, SC Tel: License: Kody Tibbetts Senior Financial Analyst 201 North Franklin Street, Suite 1100 Tampa, FL Tel: (813) Fax: (813) David Kosman Financial Analyst 201 N Franklin Street, Suite 1100 Tampa, FL Tel: (813) Fax: (813) David.Kosman@MarcusMillichap.com