Last Update :5/22/2020

Partner News: Leisure Investment Properties Group: Jack Nicklaus Design | $235K NOI | Bid Deadline June 3

Visit our website at Leisure Investment Properties 





Investment Highlights

18-Hole Semi-Private Golf Club                                               

As the Triad area's one and only Nicklaus Design course, Salem Glen continues the legendary Nicklaus tradition of accentuating and amplifying the beauty of the natural terrain. The layout takes full advantage of the 150 feet of elevation changes, four and a half miles of creeks and nine lakes. With two distinct nines, the course offers fun and excitement for players of all skill levels. The Club's 23,000 sq. ft. clubhouse offers multiple, charming dining options for its members and guests, breathtaking views of the course, and the Triad's premier banquet, event and wedding venue hosting up to 200 guests. Whether you're planning a beautiful North Carolina wedding, corporate event, a golf outing or simply want to indulge in the club's many membership privileges, you'll savor the inviting ambiance of this exceptional country club community.


The Club's "turnkey" operation continues to explode with membership additions, experiencing total membership growth of 83% over the last three years - 12.11% in golf members alone during 2019. A friendly, accommodating staff and outstanding in-place atmosphere is ready for seamless transition into new ownership. This customer centric approach has in turn delivered ownership a reliable source of profits - over $235,000 in 2019 - and a 3yr average net operating income of over $250,000. What's more, the Pro Shop, Teaching Academy, and F&B Operations are all outsourced, creating a passive, stream-lined investment for prospective purchasers moving forward.



Property Highlights

  • 185 Acres in the Heart of an Upscale, Residential Community
  • 2019 NOI of $235,649 | Gross of $2,041,871
  • 3yr History of Stable Cash Flow - $250,032
  • Triad Area's ONLY Jack Nicklaus Design
  • Excellent Flight to Safety Candidate
  • Golf as a Socially Responsible Leisure Activity still viewed as a Coveted Oasis

For More Information, Please Contact:   LEAD AGENT - TERRY VANEK

Terence M. Vanek

Senior Investment Advisor 


Leisure Investment Properties Group



Steven M. Ekovich

Senior Managing Director

National Managing Director of Marcus & Millichap

Leisure Investment Properties Group


Lic: NC 165078


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