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We are pleased to offer the opportunity to acquire a fee-simple interest in Riverby Hills Golf Club, located in Bowling Green, Ohio. This daily fee club features an 18-hole championship-caliber golf course and practice facility in a classic “Parkland” setting.
The efficient 3,200-square-foot clubhouse features a pro shop, bar and grill, locker rooms, offices, and a covered patio. A separate 3,000-square-foot events building features banquet space with a full-service kitchen and bar. Other structures include a cart storage building and maintenance facilities.
The Par 72 golf course features a mix of bent/poa annua grass from tee to green and is maintained in excellent condition. The Championship tees play at 6,853 yards with a course rating of 72.4 and a slope of 130.
T12 November 2024 Gross Revenue: $1.2M
T12 November 2024 EBITDA: $520K | EBITDA Multiple: 6.3x | Cap Rate: 15.8%
Consistent Cash Flow / Four-Year Average (2021 – T-12): $414,043
T12 Operating Margin: 43.2%
Revenue and EBITDA Continued Upward trend Through September 2024
Riverby Hills Golf Club
16571 West River Road, Bowling Green, Ohio 43402
- Executive Summary (988.6KB)
- Offering Memorandum (112.3KB)