201 Whitehaven Rd
Grand Island, NY 14072
Sports & Entertainment Property For Sale
·
12,000 SF
Investment Highlights
- List Price: $3,500,000 equates to 1.23x T12 June 2023 gross revenue
- Well-maintained, Trophy Asset with ownership who has continued to invest in the golf course, equipment & facilities
- Majority of maintenance equipment is owned and included in the sale
- T12 June 2023 gross revenue: $2.8M | NOI/EBITDA: $560,000
- Membership generates approximately $1.4 Million of revenue
- New front-nine irrigation system installed Spring 2023
Property Facts
| Property Type | Sports & Entertainment | Building Size | 12,000 SF |
| Property Subtype | Golf Course/Driving Range | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1972/2016 |
| Lot Size | 191.99 AC | Parking Ratio | 12.67/1,000 SF |
| Zoning | CR - Commercial Recreational Facilities District (CR) | ||
| Property Type | Sports & Entertainment |
| Property Subtype | Golf Course/Driving Range |
| Building Class | C |
| Lot Size | 191.99 AC |
| Building Size | 12,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2016 |
| Parking Ratio | 12.67/1,000 SF |
| Zoning | CR - Commercial Recreational Facilities District (CR) |
About 201 WHITEHAVEN RD , GRAND ISLAND, NY 14072
We are pleased to offer the opportunity to acquire fee simple interest in the River Oaks Golf Club, a privately owned 18-hole private golf club in Grand Island, NY. The Club features a championship-caliber golf course and practice facilities masterfully designed by renowned architect Desmond Muirhead. The golf course offers outstanding playing conditions with bent grass from tee to green. Amenities include a two-story clubhouse, golf cart storage building, and maintenance facility. The 12,000 SF clubhouse features a golf shop, Ellden’s Grill & Banquet with dining and grill rooms, halfway house, covered deck, full-service locker rooms, storage space, and offices. Ellden’s Grill & Banquet is open to the public providing Grand Island’s finest dining experience. The Club banquet facilities serve as an outstanding venue for weddings, events, golf outings, and functions.
Property Taxes
| Parcel Number | 144600-038-060-0002-001-000 | Improvements Assessment | $1,616,000 |
| Land Assessment | $1,184,000 | Total Assessment | $2,800,000 |
Property Taxes
