AVON PARK, Florida – Highlands Ridge Golf Club in Avon Park, Florida, is one of the best options for a round of golf in central Florida. This is a community with 36 holes of world-class golf situated next to a nature conservatory and a 260-acre freshwater lake. The club’s slogan is: “Florida’s Friendliest Place.” It’s the way they approach every facet of service, course and maintenance.
Avon Park Golf at its Finest
The real star of the show at Highlands Ridge Golf Club is the high quality of the course design, which manages to accommodate both seasoned veterans and rookie golfers. Visitors never tire of our two awesome Avon Park golf courses, complete with exceptional maintenance, par 72 championship tracks with manicured fairways, tift-eagle and champions greens, and five sets of tees, which help players of all ages and skill levels feel both challenged and competitive. This is truly a must-play course.
Property Summary
Highlands Ridge Golf Club consists of two 18-hole championship golf courses (North and South) located approximately two miles apart and situated within the same active 55+ golfing community. The South Course, the first of the two, was designed by world-renowned architect Steve Smyers in 1990 and features a 2,400 sq. ft. clubhouse with a pro shop, bar & grill and a casual dining area. The North Course was designed 12 years later by David Harman, a prominent architect in Central Florida and across the world, who designed golf courses such as Orange County National, Shingle Creek, and Kauri Cliffs in New Zealand. The North Club also features a 2,400 sq. ft. clubhouse with a pro shop, bar & grill and a casual dining area.
Investment Highlights
36 Holes of Championship Golf – Designed by David Harman (North Course) & Steve Smyers (South Course)
Supported by a 55+ Active Golf Community with Approx. 780 Homes – Avg. Home Values Between $100k – $350k
Master-Planned Community Amenities: Heated Swimming Pools, Lighted Tennis Courts, Fitness Center, Restaurant and Day Spa (Not Included in Sale)
Turn-Key Operation Generating an Avg. of $475k in NOI/EBITDA Annually from 2017 – 2019
Over $200k in Capital Reinvested Last Three Years to Improve Conditions and Clubhouse
5-Year Unlevered IRR of 17.37% or 5-Year Levered IRR of 31.74%
Highlands Ridge Golf Club
Avon Park, FL
Price: $2,950,000
Year Built: 1990
Total Acreage: 256
For confidential consultation contact Tom @ teetalk@aol.com or call 800-635-3008.
http://www.highlandsridgegolf.com/
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