Leisure Investment Properties Group is pleased to exclusively present on Ten-X a unique investment opportunity to acquire the Lane Creek Golf Club, an 18-hole public golf course just outside of beautiful Athens, Georgia. 1201 Club Drive in Bishop, Georgia, sits on an expansive 190-acre parcel approximately 17 miles from downtown Athens. The Lane Creek Golf Club is a cash-flowing business that operates as a daily fee course. The property opened in the spring of 1992, and the course has undergone an extensive renovation under Medalist Golf, the previous owners. The changes and upgrades include the redesign and rebuilding of all the greens and bunkers, along with significant drainage and irrigation work. All 18 greens and the practice putting green have been resurfaced with Champion Bermuda grass. The Lane Creek Golf Club is the only public course within 20 miles besides the University of Georgia Golf Course, and it is the only one with an active liquor license to sell alcohol.
The property is located just 8 miles from Watkinsville, which has reputable tenants like Publix, Dunkin’, Walgreens, Zaxby’s, and many more. The immediate 10-mile radius is home to more than 91,000 residents with a strong average annual household income above $104,000. The 10-mile population spends over $502 million annually on entertainment, hobbies, personal items, and food and alcohol, indicating that people in the nearby demographic should be able to afford daily golf passes and will benefit from the advantages Lane Creek Golf Club has over competing assets.
To view and place a bid on this listing, please visit: Lane Creek Golf Club