Highlights

• Positive Cash Flow
• Championship Golf Course Designed by Arnold Palmer
• Value Add Opportunity

• Upside Opportunity to Drive Additional Rounds
• High End Golf Resort Market
• Available Substantially Below Replacement Cost

Description

"2010 Golf Course of the Year" by the Low Country Golf Course Owners Association *Positive Cash Flow Property* Crescent Pointe is an 18-hole, Arnold Palmer signature course located in Bluffton, SC, just miles from the heavily visited Hilton Head Island. A majority of the play at the property comes from the Island, as the course offers a better golf experience at a more affordable price. The course also benefits from annual members stemming from the surrounding 400-home community of the same name. The course is the sister property to the Davis Love III signature -Eagle' s Pointe, located three miles away.

Stretching 6,773 yards from the tips, Crescent Pointe is a championship Arnold Palmer designed 18 hole golf course with four sets of tees. The golf course is irrigated by an automated double row Toro system. Maintenance is limited to 125 acres as follows: tees - four acres, greens - four acres, fairways - 27 acres, roughs - 50 acres, native areas - 27 acres, clubhouse area - five acres, driving range - five acres aquatic center/fitness center - five acres. The 7,500 square foot clubhouse features a proshop, food & beverage area, office, and restrooms. A separate maintenance structure completes the golf related vertical construction.