Sold - Golf Properties
***SERIOUSLY MOTIVATED SELLER***
NEW PRICE @ 1X ANTICIPATED 2015 GROSS REVENUES
Osage National is a destination course for golfers from 8 major Midwest markets. The property consists of a 300 acre +/-, 27 hole golf complex (18 holes an Arnold Palmer Signature Course) the first recreational complex as you enter the Lake of the Ozarks recreational area via the St. Louis-Chicago route, US Highway 54. Locally referred to as The Lake area boasts over 6 million annual visitors, the number two recreational draw in the Midwest.
This well maintained and upgraded facility has the only Arnold Palmer Signature Golf Course in Missouri and an additional Links nine. The 20,000 square foot clubhouse sits high above much of the golf course and has a large restaurant, pro shop, functions room for up to 250 guests and underground cart storage. The clubhouse also overlooks a $1.5 million water recreational and feature area with junior Olympic pool and an eagle eye view of the pristine Osage River Valley.
Lake of the Ozarks is approximately 95 miles long with 1,150 miles of shoreline covering four counties: Camden, Miller, Morgan and Benton. The lake is an important recreational and vacation area in the Midwest and draws heavily from ten major population centers.
Over 6 million visitors visit the Lake of the Ozarks each year and 25% of household incomes are over $100,000 annually.
Lake of the Ozarks: 6 million annual visitors
Waikiki Beach, HI: 7.5 million annual visitors
Hilton Head, SC: 2.5 million annual visitors
Myrtle Beach, SC: 8 million annual visitors