NEW YORK, NY--(BUSINESS WIRE)--Sheldon Good and Company, a Racebrook Portfolio Company and America’s leading real estate auctioneer, will conduct an auction of the Southridge Golf Course (top left photo) on Thursday, July 28, at the Hilton Orlando/Altamonte Springs.
Located one hour north of Orlando in Deland, Florida, Southridge will be sold absolute without reserve, with seller financing available to the highest bidder. The suggested opening bid is $250,000.
Southridge, set on 136 rolling acres, opened to golfers in 1968, and has been family-owned ever since. After 43 years the family has decided to retire from the golf course business, and Southridge now presents an incredible opportunity for a new owner to bring these unique grounds to the next level of operations. An average of 31,000 rounds of golf are played on the 18-hole, par-72 course each year.
Unlike most Central Florida golf courses, Southridge, located at 800 E. Euclid Avenue, is not just flat terrain.
Dotted with mature trees, rolling terrain with incredible plants, the property also includes a clubhouse with pro-shop, large bar and dining area with seating for 150, a second banquet building for private events, maintenance buildings and cart storage buildings.
“This is a very unique investment opportunity and a chance to acquire a trophy golf course, set in beautiful surroundings, that already has a strong annual membership and customer base,” said John J. Cuticelli Jr., CEO of Sheldon Good & Company. With modest capital improvements, the course’s popularity and performance can grow exponentially.”
Contacts: M18 Co, .Michael Tavani, 212-604-0318
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