401 Chandler Dr - Sports and Entertainment FOR SALE


West Chester, PA 19380
$9,900,000 USD
312-543-7192
401 Chandler Dr, West Chester, PA for Sale
$9,900,000 USD
Sports and Entertainment - FOR SALE
1/6
null | Request Cap Rate

401 Chandler Dr
West Chester, PA 19380


HIGHLIGHTS

  • Great local demographics - 1,720 homes in the Hershey’s Mill Community
  • Located in an over 55 active adult community
  • Proximity to Philadelphia market
  • Long term profitable lawn maintenance business included
  • Opportunity to grow Food and Beverage and Banquet business

OVERVIEW

Hershey's Mill Golf Club is a 18 hole, private country club located in a 55+ adult active community. The high end club features a well appointed clubhouse that includes 2 restaurants and banquet facility for up to 160 guests. Ownership also provides landscaping and snow service for the many of the residents in the community. There are 1720 homes in the Hershey’s Mills Community. Hershey’s Mill is a premier 55 + communities in PA, only 24 miles from Center City Philadelphia, and adjacent to the suburban “Main Line”. Nestled on 800 acres of natural beauty and stunning landscaping, Hershey’s Mill is an exciting active adult, gated community with miles of walking and biking paths, community pools, pickleball, tennis courts and a shopping center. The golf club has significant upside potential on the food and beverage side of the business by tapping deeper into the local residents. With total revenues close to $7.0 million Hershey’s Mill is poised for revenue and income growth with a fresh approach to marketing and membership. The original developer is now located out of state and is looking to divest from the property at this time to focus on other business interests.

FOR SALE DETAILS

PRICE

$9,900,000 USD

PRICE/SF

$450 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Hershey's Mill Golf Club

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

182

LAND DETAILS

LAND ACRES

133 AC

LAND SF

5,793,480 SF

ZONING

Open Space

APN/PARCEL ID

53-002-0025.0000

ASK ABOUT THIS PROPERTY

Chris CharnasLinks Capital Advisors Inc.More Info
312-543-7192

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Chris CharnasLinks Capital Advisors Inc.More Info
312-543-7192

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