213 +/- Acre Golf Course & Country Club development opportunity!

Undisclosed Address, Dunlap, TN 37327
Business Opportunity for Sale
Also listed as Vacant Land, Hospitality
Catylist Listing ID: 30764998
Property Subtypes: Entertainment and Leisure
Building Size (RSF): See Agent
Sale Price: $1,750,000
In Opportunity Zone? Yes
Name of Establishment: Mount Airy Golf Course
Business Website Address: https://www.lukenholdings.com/mount-airy-golf-course/
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash to seller
Last Updated: 10/4/2021

Overview / Comments

Offered is an opportunity to acquire a beautiful 213 +/- acre Golf Course and Country Club w/ improvements nestled in the scenic valley base of the TN Cumberland Plateau right on the Bledsoe & Sequatchie county lines approx 40 min north of Downtown Chattanooga, TN MSA. Mount Airy combines the peacefulness of the TN Mountains and countryside with a true golfer’s course. Panoramic mountain views and wide open space between each challenging hole offer golfers a true retreat from the hustle and bustle of the daily city grind. Mount Airy Golf Course is an 18 hole PAR 72 course that received a complete rejuvenation & restoration in 2016. Course improvements include an updated clubhouse approx 7,942 sq ft featuring a pro shop, snack bar, event/meeting room that comfortably accommodates 25 guests, and a locker room with showers. Club has two swimming pools, one outdoor approx 70,000 gallon saltwater pool w/ beach entry and an indoor heated 5ft deep pool redesigned complete w/ updated lounge chairs and tennis courts for year round member/ guest enjoyment. More improvements include an office/ flex multi purpose building approx 1536 sq ft & additional warehouse/ storage buildings together totaling approx 6,600 sq ft. Continue as a golf course or subdivide and develop as the possibilities are endless here! Chattanooga, TN MSA is a thriving southern gem of a city and has continued to experience explosive growth in terms of population, business and jobs the last couple of years. Licensee has personal interest in this property.

Attachments & Media

Additional Details

Industry Segment: Other Entertainment and Leisure
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

Contact

Photograph of Listing Agent

Katie L Ashley

RE/MAX Renaissance Realtors Greater Chattanooga REALTORS® Member
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