Available Listings

Property Description

We are pleased to offer the opportunity to acquire the fee simple interest in Eagle’s Landing Golf Club. The daily fee golf course is situated on the southwestern shore of Lake Erie in the city of Oregon, a suburb of Toledo.

Eagle’s Landing boasts a beautiful 18-hole championship “Links Style” golf course and practice facilities designed by Brian Huntley which opened for play in 1998. The efficient 4,539 SF clubhouse includes a pro shop, bar & grill, and offices with basement storage. The cart storage building and maintenance facility are located across from the clubhouse by the first tee. Maintenance Equipment and 80 Golf Carts are owned and included in the sale!

The Par 72 golf course features bent grass from tee to green and is maintained in excellent condition. The Championship tees play at 6,866 yards with a course rating of 72.7 and a slope of 130.

Amenities
Investment Highlights

T12 June 2024 Gross Revenue: $916K                                                                                                                             

T12 June 2024 EBITDA: $298K | EBITDA Multiple: 7.38x | Cap Rate: 13.5%                                                                 

Consistent Cash Flow – Four-Year Average (2021 – T-12): $223,122                                                                 

T12 Operating Margin: 32.5%                                                                             

Voted “Toledo’s Favorite Course” by readers of the Toledo Blade and “Top 100 Must Play Courses in Ohio” by Ohio Golf Style Magazine

Address Map
5530

Eagle's Landing Golf Club

5530 Bay Shore Road, Oregon, Ohio 43616

$2,200,000
Basic Details
Status : Available
Price : $2,200,000
Holes : 18
Year Built : 1998
Ownership : Fee Simple
Country : United States
State : Ohio
City : Oregon
Acres : 175.15
Listing Broker : JDS Real Estate Services, Inc.
Listing Broker Name : Stanley Stein
Listing Broker License : OH BRKP.0000151919
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Rob Waldron
Leisure Investment Properties Group
17539 Darby Lane, Tampa, FL 33558
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