10200 Old Dominion Pky
Fredericksburg, VA 22408
Lee's Hill Golf Club - 10.72% cap rate! · Sports & Entertainment Property For Sale
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4,044 SF
Property Facts
| Property Type | Sports & Entertainment | No. Stories | 2 |
| Lot Size | 222.69 AC | Year Built/Renovated | 1994/2003 |
| Building Size | 4,044 SF | ||
| Zoning | R1 - RESID | ||
| Property Type | Sports & Entertainment |
| Lot Size | 222.69 AC |
| Building Size | 4,044 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1994/2003 |
| Zoning | R1 - RESID |
About 10200 OLD DOMINION PKY , FREDERICKSBURG, VA 22408
Lee’s Hill Golf Club is a cash flow positive, semi-private, par-72, 18-hole golf course located Fredericksburg, Virginia. PRICE: The asking price of $1,800,000 represents a 10.72% cap rate. This is priced to sell! Property Description Opened in 1994, this Bill Love design includes a 4,595 square foot clubhouse, practice amenities, maintenance and cart storage facilities. Its 18 holes are draped across lush Virginia forests and natural wetlands where each shot is challenging and unique. Lee’s Hill gets its name from the trenches bordering the perimeter of the course, which are historical landmarks left over from Robert E. Lee's entrenched battle to save the Confederate Capitol of Richmond following the battle of Fredericksburg in 1862. Financial Highlights Over the past two full seasons, Lee’s Hill has averaged $160,000 NOI through operations. The asking price for the club is $1,800,000.
Property Taxes
| Parcel Number | 36-A-34A | Improvements Assessment | $1,606,800 |
| Land Assessment | $201,500 | Total Assessment | $1,808,300 |
Property Taxes
