Brick Landing Plantation Golf Club Ocean Isle Beach, NC 18-Hole Waterfront Country Club $1,150,000
Leisure Investment Properties Group #2 2
Overview PROPERTY DESCRIPTION The centerpiece of Brick Landing Plantation is its championship 18-hole Ocean Isle Beach golf course. One of North Carolina s finest, The Brick offers enticing challenges to all levels of players through a beautiful layout that was carefully designed to take full advantage of the terrain s natural beauty weaving throughout the marshes and Intracoastal Waterway. The Clubhouse is less than 2 miles from the prestigious beaches of Ocean Isle Beach, North Carolina, and just thirty minutes from the many attractions of Myrtle Beach. Myrtle Beach is the primary city in what s known as The Grand Strand, a stretch of roughly 90 miles from Pawley s Plantation, S.C., up into North Carolina aptly nicknamed the Golf Capital of the World, with an array of tourist attractions that host roughly 15 million visitors each year. Dining options at Brick Landing offer gorgeous views of the Carolina Intracoastal Waterway from a variety of flexible indoor and outdoor spaces, with Ocean Isle Beach serving as a backdrop. The View at Brick Landing Plantation is the only restaurant in Ocean Isle Beach, NC situated on a premiere golf course overlooking the stunning Intracoastal Waterway, likely the reason it has repeatedly been voted one of the must visit places in Ocean Isle Beach. Its event room features 2,000 square feet of event space, a private bar, private restrooms, fireplace, built-in AV Equipment, and private balcony. This room is located on the second floor of the venue, accessed by a grand staircase. A full wall of picture windows overlook the Intracoastal Waterway, offering the perfect venue for a bride s dream wedding. A casual Grill Room features a full service bar, wooden tables, 2 flat screen televisions, and doors leading out into the Patios, which feature dining space under the beautiful Carolina skies and boast panoramic views of the Intracoastal Waterway and Holes 1 & 18. Located behind the Clubhouse, the Event Lawn is the perfect setting for an outdoor ceremony and also boasts panoramic views of the Intracoastal Waterway and Hole 18. INVESTMENT HIGHLIGHTS 22,000 Square-Foot, Water Front Clubhouse with Stunning Views of the Intracoastal Waterway & Banquet Capacity for over 200 Guests Property Boasts approx. 2,000 Feet of Waterfront Real Estate, or 16.86 Acres valued at over $3.35M based on recent comparable sales (see next Page) Projected Year One Revenue of approx. $1.5M and NOI/EBITDA of $195,000 under Year 1 of New Ownership Grand Strand Location Boasts Roughly 15 Million Visitors Annually Approximately 20 Acres MOL of Residential Raw Land Available for Separate Purchase Opportunity CLICK HERE TO VIEW VIDEO TOUR OF THE PROPERTY # 3
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PROPERTY NAME MARKETING TEAM 16.86 Acres of Waterfront Land Zoned R-75 (Medium Density Residential) Adjacent 1.86 Acre Parcel Sold Feb 2017 for $370,000 Equates to a Value of $3,353,871 for Subject Property s Waterfront Acreage 5 5
Local/Regional Maps LOCAL / REGIONAL MAPS 6
LIPG Country Club PURCHASE PRICE $1,150,000 OVERVIEW Property Name Address Brick Landing Plantation Golf Club 1882 Goose Creek Rd SW Ocean Isle Beach, NC 28469 # Holes 18 Holes of Championship Golf Acreage Course 125 MOL Par 72 / 6,788 Yards Rating / Slope 72.1 / 143
LIPG Country Club GOLF ADVISORS Terence Vanek Lead Advisor Junior Partner Senior Investment Advisor Leisure Investment Properties Group 4030 W. Boy Scout Blvd, Ste 850 Tampa, FL 33607 Tel: 813.387.4809 TVanek@MarcusMillichap.com Lic. FL: SL3237145 Steven M. Ekovich Broker of Record National Managing Director Leisure Investment Properties Group 4030 W. Boy Scout Blvd, Ste 850 Tampa, FL 33607 Tel: 813.387.4791 SEkovich@MarcusMillichap.com Lic. NC: 165078 Zachary Hadsall Financial Analyst Leisure Investment Properties Group 4030 W. Boy Scout Blvd, Ste 850 Tampa, FL 33607 Tel: 813.387.4770 ZHadsall@MarcusMillichap.com Lic. FL: SL3348975