FOR SALE: GOLF COURSE & BUSINESS

Transcription

1 FOR SALE: GOLF COURSE & BUSINESS DRIVING RANGE SMALL GARAGE J.W. PARKS GOLF COURSE HARTLAND AVE in PITTSFIELD, ME Driving Range & Golf Course Buildings and Property HOUSE CLUB HOUSE & PRO SHOP Maintenance Facility JOHN DOYON, CCIM direct direct fax 52± ACRE GOLFING FACILITY & BUSINESS 9-hole Golf Course, Driving Range, Club House, Pro Shop and House The go to course for local players including area school golf programs Turnkey venture with carts, mowers, tools, equipment and more Includes an additional 90± Acres of land which has potential for condo development TURNKEY OPERATION & PROPERTY SALE PRICE: $789,000

2 HARTLAND AVE - PITTSFIELD INTRODUCTION PROPERTY SUMMARY The J. W. Parks Golf Course is a nine hole course located in Pittsfield and just a short distance from the center of town making this the go-to course for local players including those engaged in golf programs at area schools that are part of School Administrative District #53, (a consolidated district encompassing three towns) and also Central Maine Institute, a private secondary school where the town tuitions its students and that attracts students from 25± different countries. Pittsfield, a town of 4,200 residents incorporated in 1819, is the home of the Cianbro Corporation which is ranked as among the nation s top 100 largest general contractors. The town notes that it has 2,200± jobs provided through corporations and smaller businesses. Pittsfield is located within Somerset County with a county-wide population of about 50,000 people. The town is benefitted by recreational opportunities along the Sebasticook River, at the Pinnacle Ski Slope and at seven community parks. The town also owns a local airport with a 4,000+/- foot long runway. The historic downtown is a focal point of the community and the town has its own community theater and the Central Maine Egg Festival held annually. Pittsfield was certified by the State of Maine as Business Friendly and was designated as one of central Maine s Top 10 Prettiest Villages. Additionally, Pittsfield was selected as 1 of the Top 10 Best Places to Live in Maine scoring very high as a low crime area. Employers in town with 50 or more employees (subject to variations and/or closures) include: Cianbro Construction Company (360± employees) UTC (electronic equipment) (330± employees) Sebasticook Valley Hospital (278± employees) SAD # 53 (125± employees) Maine Central Institute (125± employees) Argo Marketing (125± employees) Kleinschmidt Associates (85± employees) C. M. Almy (church vestments) (75± employees) Homestead Enterprises (65± employees) Hancock Lumber (50± employees) Walpole Woodworkers (50± employees)

3 HARTLAND AVE - PITTSFIELD PROPERTY PROPERTY SUMMARY SUMMARY This property consists of a 9-hole (Par 35) Golf Course, Pro Shop, Clubhouse barn with restaurant facilities, maintenance garage, driving range, driving range garage, a 10-room house with in-ground pool and 90± acres land. SELLER: K & D Golf, Inc. PGA PROFESSIONAL: Mike Dugas (also Head Golf Coach, Husson University) SITE SIZE: 46± acres (golf course) 6± acres (driving range) ZONE: C-4 Rural District & RF Riverfront District FRONTAGE: 1,200± feet on Sebasticook River (flood zone closer to river) 1,400± feet on Hartland Avenue BUILDINGS: Home - 4,672± SF (2 stories; 10 rooms including 3-4 bedrooms & 1.5 baths) Pro Shop - 570± SF at the rear of the house and formerly a garage Clubhouse/Barn 2,944± SF 1st floor & 2,944± SF 2nd floor (storage) Maintenance Garage 1,271± SF Driving Range Garage 240± SF All measurements provided by various sources should be considered approximate and subject to verification DEED & MAP/LOT: Somerset County Registry of Deeds Book 2298, Page 186 (Map 16, Lot 2) acres Book 2434, Page 167 (Map 16, Lot 7) 6.3 acres Book 3053, Page 266 (Map 32, Lot 33) 17.0 acres Book 4066, Page 101 (Map 16, Lot 1) acres Book 4118, Page 173) (Map 16, Lot 16) 3.62 acres Book 4302, Page 30 (Map 15, Lot 45) acres Some land contained in the deeds may have been previously conveyed. The parcels to be conveyed include the golf course, club house and home parcel(s) consisting of approximately 46 acres, the driving range consisting of about 6 acres as well as additional land with development potential. ASSESSED VALUE: $652, TAXES: $13, WATER/SEWER: Municipal (Pump drawn water from aquifier used for irrigation)

4 HARTLAND AVE - PITTSFIELD PROPERTY PROPERTY SUMMARY SUMMARY CLUBHOUSE: Dining area, bar (a full golf course liquor license transferable upon registration with the state and subject to re-inspection), commercial kitchen, decks, golfing supplies. The facility is permitted for 99 guests. The clubhouse facility is not open for nightly dining (except for Fridays) and only for a few special events hosted annually. CLUBHOUSE PRO SHOP: 570± SF at the rear of the house and formerly a garage CONSTRUCTION: Home - wood frame Clubhouse/Barn post and beam EXTERIOR: Vinyl on all structures FOUNDATION: Home - Stone and poured concrete Clubhouse concrete piers WINDOWS: Home replacement double hung Clubhouse double pane windows HOUSE FLOORS: Home hardwood, tile and carpet Clubhouse Vinyl / plank new in 2018 ROOF: Home asphalt shingle, about 15 years old Clubhouse metal, about 3 years old HEAT: Home: Two heat pumps, an oil fired hot air system with a 275± gallon oil tank along with a pellet stove Clubhouse: Propane fired Rinnai and a heat pump installed in 2018 Maintenance garage: propane fired unit ELECTRIC: Home 100+/- amps Clubhouse 200 amps POOL: 14 X 20 ± in-ground DECKS / PATIOS: Two decks located at the club house One patio surrounding the pool at the home PRO-SHOP This document has been prepared by Malone Commercial Brokers for advertising and general information only. Malone Commercial Brokers makes no guarantees, representations or warranties of any kind, expressed or implied, regarding, but not limited to, warranties of content, accuracy, and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Malone Commercial Brokers excludes unequivocally all informed or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages there from. All data is subject to change of price, error, omissions, other conditions or withdrawal without notice. Malone Commercial Brokers is acting as the Seller s/lessor s agent in the marketing of this property. 5/24/18

5 HARTLAND AVE - PITTSFIELD PROPERTY PROPERTY SUMMARY SUMMARY (GOLF BUSINESS) J.W. Parks is a 51± Acre golfing facility with membership and public access which hosts about 6,000 rounds of golf annually. The course has large white pines that serve to demarcate various fairways. The fairways are 167 to 531± yards long and the greens are approximately 2,500 to 3,500 SF. It is a par 35 course. The putting green is located on the south side of the Clubhouse. Across the street from the golf course is a scenic driving range with views and frontage on the Sebasticook River. The Clubhouse is post and beam built and has a full-service golf shop, a commercial kitchen, dining room, bar and two decks offering sunset views. The second story is used to store golf carts but has potential to be finished as a rustic event center. The current owner does not choose to maximize the clubhouse as a restaurant or event center leaving upside potential for a new owner. SEASON: May through Mid-October weather dependent MEMBERSHIP STRUCTURE: Family - $ Couple - $ Senior Couple - $ Single - $ Senior Single - $ Student - $ Yearly Cart Lease $ GREENS FEES: 9 Holes 18 Holes $14.00 Mon Fri $24.00 Mon Fri $16.00 Weekends/Holidays $26.00 CARTS: 36+/- gas operated golf carts and 1 electric cart CART PATHS: Re-processed pavement and gravel (carts paths do not surround the entire course) SOILS: The owner believes the soils are classified as clay based and sandy loam SALE PRICE: $789,

6 HARTLAND AVE - PITTSFIELD AERIAL PROPERTY OF GOLF SUMMARY COURSE & DRIVING RANGE GOLF COURSE DRIVING RANGE

7 EXCLUSIVE OPPORTUNITY - GOLF COURSE BUSINESS FOR SALE 52± ACRE GOLFING FACILITY SUBJECT SITE Pittsfield s Central Maine location affords easy commutes to: Bangor - 40± min. Sugarloaf Ski Resort - 90± min. Moosehead Lake Recreational Area - 80± min. Acadia National Park/Bar Harbor - 1 hr. 40± min. Portland - 90± min. PITTSFIELD For more information contact AREA STATISTICS RADIUS: 5 mile 10 mile 15 mile Total Residential Population 6,122 18,628 36,225 Total Households 2,419 7,571 14,641 Average Household Income $53,458 $53,030 $53,678 Total Businesses ,080 Total Employees 2,537 5,787 9,433 U.S. Census Bureau, Census 2010 Summary File 1, Esri forecast for 2017, InfoGroup Inc. JOHN DOYON, CCIM CALL JOHN FOR FI- JOHN DOYON, CCIM direct direct fax john@malonecb.com MALONE COMMER-