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16571 W River Rd
Bowling Green, OH 43402
Riverby Hills Golf Course · Sports & Entertainment Property For Sale · 3,000 SF

INVESTMENT HIGHLIGHTS

  • T12 November 2024 Gross Revenue: $1.2M
  • Consistent Cash Flow – Four Year Average (2021 – T-12): $414,043
  • T12 Operating Margin: 43.2%
  • T12 November 2024 EBITDA: $520K | EBITDA Multiple: 6.3x | Cap Rate: 15.8%
  • Impressive Demographics: 10-Min. Drive Avg. HH Income: $137,784
  • Revenue and EBITDA Continued Upward trend Through September 2024

PROPERTY FACTS

Property Type Sports & Entertainment
Property Subtype Golf Course/Driving Range
Building Class C
Lot Size 182.00 AC
Building Size 3,000 SF
No. Stories 1
Year Built 1920
Parking Ratio 10/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
J34-100-442000012500
Land Assessment
$145,145
Improvements Assessment
$254,940
Total Assessment
$400,085
  • Listing ID: 30818297

  • Date on Market: 1/30/2024

  • Last Updated:

  • Address: 16571 W River Rd, Bowling Green, OH 43402

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