Profile

Property Description

Leisure Investment Properties Group is pleased to exclusively offer the opportunity to acquire Cummings Cove Golf & Country Club in Hendersonville, NC. The par 71 course features 18 distinctly different holes with a memorable 6,415-yard layout. Three unique par 3 holes highlight the back nine; one virtually hangs from a cliff. And, like Baltusrol, home of the PGA Championship, the course finishes with back-to-back par 5s.

The Club features a mountain lodge-style clubhouse, a sports complex with tennis, pickleball, and bocce ball, a fitness center, a casual restaurant, and a dog park. Cummings Cove is well positioned for new ownership to continue to build upon the club’s exceptional reputation. Cummings Cove has everything that makes golfing in the mountains special including elevated tees, tree-lined fairways, lakes, streams, waterfalls and see-forever views.

 

Investment Highlights
EBITDAx of 7.22 / Cap Rate of 13.86%
Robert E. Cupp Designed Golf Course
A sprawling 133-acre golf course
Immediate Membership Growth Opportunity
60-70 homes should be under development shortly
Address Map
20

Cummings Cove Golf & Country Club

20 Cummings Cove Pkwy, Hendersonville, North Carolina

$2,850,000
Basic Details
Status : Available
Price : $2,850,000
Listing Type : Public
Holes : 18
Ownership : Fee Simple
Country : United States
State : North Carolina
City : Hendersonville
Acres : 133
Click to Download
Advisor
Steve Ekovich
Leisure Investment Properties Group
17539 Darby Lane, Tampa, FL 33558
Contact Advisor

Company

Selling

Buying

Advisory

Links

Investment Reports

Analysis

Contact

17539 Darby Lane | Tampa, FL | 33558

(813) 269-1144

Follow Us

Call Us Today