Currently, fully operating. Purchase turnkey or a-la-carte. Let’s think out of the box together.
Three parcels are 1) Par 3 Course; 2) Regulation Course w/outbuildings and residential home; 3) Clubhouse.
2022 total rounds were at nearly 50,000/year.
2022 total gross income was over $1,000,000.
2023 year-to-date numbers are available upon request.
Options:
a) Clubhouse: Separate parcel number. Approximately 9,900 square feet inside + a large covered patio; houses a small pro shop, an additional office, and restrooms; fully equipped kitchen; fully furnished dining room; fully furnished patio; fully operating bar; continue operating or lease out. The estimated value is approximately $1,500,000.
b) Montana Liquor and Gaming License: Individually owned and can be transferred with an approved application. Catering. Full liquor service. Gaming - currently leased are four gaming machines and two lotto ticket vending machines; the capacity is 20 gaming machines and two lotto ticket vending machines. The estimated value is $650,000-1,200,000.
c) Par 3: Separate parcel number. Continue as-is or pursue county variance on development.
d) Regulation Course: Parcel includes D, E, & F. Play and income are up each year for the past three years.
e) Out Buildings: cart storage; maintenance shop; covered parking; mower storage; cold storage; dry storage; pump houses; restrooms.
f) Residential home: Convert to a Par 3 pro-shop, combined pro-shop, virtual golf practice center, more storage, more parking, etc.
g) Carts: 70-2023, gas operated; lease to own.
h) Equipment: see attached inventory list valued at nearly $11,000,000.
Live your legacy. Helena, Montana's #1 rated golf course. Enjoy panoramic Big Sky views while playing a round of golf. The current owners are the developers and builders of this recreational gem. Further development may be an option. Opportunity abounds.
