341 Country Club Dr - Sports and Entertainment FOR SALE


Franklin, NC 28734
$2,800,000 USD
404-876-1640
341 Country Club Dr, Franklin, NC for Sale
$2,800,000 USD
Sports and Entertainment - FOR SALE
1/14
null | Request Cap Rate

341 Country Club Dr
Franklin, NC 28734


HIGHLIGHTS

  • 100+ Acre property
  • Active 18-hole golf club
  • 19.5 Miles from Highlands, NC
  • Gated community
  • 5,637 SF Restaurant/Bar with 150 Capacity listed for Lease
  • ± 2.8 Acre site set aside for development of a 45-room Golf Resort Hotel + Site Plan + High Level Pro Forma

OVERVIEW

100+ acre golf course for sale with potential 2.8 acre set-aside to support development of a 45-room+ golf resort hotel/Spa as part of the golf club in Franklin, NC. NC. The concept is to offer golf packages that include green fees, cart, etc. The property is located approximately 19.5 miles from Highlands, NC, a very desirable area that has been a mountain respite for vacationers and retirees for over a century; a popular destination for hikers and outdoor enthusiasts, specifically in relation to the Nantahala National Forest, the Great Smoky Mountains, and the Appalachian Trail. The surrounding area is rich in gems and minerals and is known as the “Gem Capital of The World.” The property is located in Franklin, North Carolina which is approximately 19.5 miles from Highlands, North Carolina. Franklin is a unique town nestled in the heart of the Blue Ridge Mountains in the foothills of the Great Smokies. Franklin's population nearly doubles during the spring, summer and fall seasons due to our temperate climate and beautiful scenery. Our geographical position enables us to enjoy cool summer nights and mild winters; the Town sponsors and hosts many festivals and events each year. With a healthy tourism industry and lots of local people taking an active role in the community, there are always exciting activities and places to go. There are no Golf resorts within a 30 mile radius. Atlanta, Chattanooga, Knoxville, and other large cities are within 100 miles of the Club. The property is in the gated community of Mill Creek Estates. Club House Restaurant and Kitchen, with a capacity of 150, is currently closed, and marketed for lease as an additional source of income. There are no fine dining establishments within a 10 mile radius of the property. The active 18-hole course was designed by Bruce Devlin in 1980. Golf Club averages 20,000 rounds a year. Course characteristics: Par 72, length 6,153 yards, slope 130, and rating 68.6.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$497 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

100+ Acre Golf Resort Hotel Development

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,637 SF

ZONING

C

APN/PARCEL ID

6564675230

ASK ABOUT THIS PROPERTY

Ernie Anaya, MBABull Realty Inc.More Info
404-876-1640

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Ernie Anaya, MBABull Realty Inc.More Info
404-876-1640

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.