News

Last Update :7/9/2024

Cummings Cove G&CC in Hendersonville Listed for Sale

Leisure Investment Properties Group is pleased to exclusively offer the opportunity to acquire Cummings Cove Golf & Country Club in Hendersonville, NC.

JUST LISTED!

 


 

CUMMINGS COVE GOLF & COUNTRY CLUB

HENDERSONVILLE, NC

 

LIST PRICE: $2,850,000


 


 

 
  • List Price: $2,850,000 / EBITDAx of 7.22 / Cap Rate of 13.86%

 

  • Robert E. Cupp – (former president of American Society of Golf Course Architects) - Designed Golf Course.

 

  • A sprawling 133-acre golf course nestled within a prestigious, gated residential community spanning 650 acres and boasting over 600+ upscale homes.

 

  • Immediate Membership Growth Opportunity – there is mandatory social membership, and another 60-70 homes should be under development shortly to add to the dues revenue bottom line and potential new golf members.
 


 


 

FOR MORE INFORMATION PLEASE CONTACT

 

 

BROKER OF RECORD

LEAD GOLF ADVISOR



STEVEN M. EKOVICH

Executive Managing Director - Partner

Leisure Investment Properties Group

17539 Darby Lane

Tampa, FL 33558

Tel: (813) 683-7527

sekovich@TheLIPG.com

NC – 165078 | FL - BK3006962

GA – 172561 | AL – 000061315-0

Licenses Nationally  

 

 

 

GOLF ADVISOR

 

TREVOR EKOVICH

Associate – Golf Advisor

Leisure Investment Properties Group

17539 Darby Lane

Tampa, FL 33558

Tel: (239) 961-1862

tekovich@TheLIPG.com 

License FL: SL3335363

Licenses Nationally

 

 

 



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