**Excellent Business Opportunity** Executive Golf Course Known As Willow Spring Golf Course (Located Directly Across From Howard County Fairgrounds At The Intersection of I-70 & Route 32)The property comprises approx. 100 +/- acres and is improved by a Par 62 Executive Golf Course and Lighted Driving Range continually operated since 1991, Brand New Approx. $1 million Club House (4,080 sq. ft. plus 1,320 sq. ft. patio under roof), 3,600 sq. ft Cart Building (2007), 3 Bedroom Tenant House, Repair Shops, Pump House and Starter Shed.All furniture fixtures and equipment will convey. This includes but are not limited to approx. 48 golf carts (some electric and some gas driven), modern prep kitchen equipment in the new club house, maintenance equipment such as tractors, mowers and other specialized equipment, underground irrigation system, sprinkler system in clubhouse with a 10,000 gallon pressurized storage tank, beverage cart, etc. The owners of the liquor license, The Springs Inc. will assign their interest in a 7-day Beer and Wine License to the purchasers, however the purchasers will need to apply for a liquor license and be approved by Howard County authorities. The license covers the entire course.Last SDAT full market value assessment (Dec., 2016) was $5,239,900.00, prior to construction of the new clubhouse; actual taxable assessment for real estate taxing purposes is reduced by the existing Golf Course Assessment Agreement with SDAT, which renews every 5 years. Other notable features: Each hole has 4 tee locations. In addition to a 32 stall driving range, there is a practice green and practice sand trap. There is an elevated teaching hole for golf instruction. The cart paths have an asphalt surface. The interior of the cart building can be used for special events.Note: The 100 acre property cannot be subdivided. Placed in Howard County Conservation Easement ASSET SALE ONLY. NO CURRENT FINANCIALS AVAILABLE DUE TO BUSINESS RESTART ** OWNER RETIRING
DW - Circular, Free, Handicap Parking, PublPark, Asphalt Driveway, Paved Driveway
HOWARD COUNTY PUBLIC SCHOOL SYSTEM
|Status Changed from Active to Active Under Contract||–|
|Price Reduced from $2,300,000 to $1,900,000|
|Price Reduced from $2,750,000 to $2,300,000|
The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than RE/MAX Allegiance are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2019.
Listing information last updated on October 17th, 2019 at 7:03am CDT.