Thursday, November 21, 2013

CBC Golf Course Sales Representing Virginia Beach Golf Property

Coldwell Banker Commercial Benchmark National Golf Course Sales has been selected to represent Cypress Point Country Club in Virginia Beach, Virgina.  This exceptional property is owned by a family that operates seven courses in the Hampton Roads, VA, MSA, which includes Virginia Beach, Newport News and Norfolk.  The Hampton Roads MSA is the 39th largest is the U.S. 

Asking price for the 18-hole country club is  $4,500,000.  

The property has good income and has positive NOI.  There is a 12,000 SF clubhouse with an active banquet and food and beverage business. The course is currently a semi-private facility and sits on 132 acres.  It is less than a mile from Chesapeake Bay, near I-64 and I-264.  Contact Kathy Bissell

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