PROPERTY NAME - LoopNet · Sale Price: Acres: $1,950,000 ... 900 homes and condos with 150 additional under construction. Canal Winchester has doubled in size since 2000. The population

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WESTCHESTER GOLF COURSE

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Kathy Bissell, VP Golf Course Sales David RumaColdwell Banker Commercial Benchmark The Robert Weiler Company904-285-5465 Columbus, Ohio904-233-7553 cell [email protected]

Coldwell Banker Commercial Benchmark4348 Southpoint Blvd # 310Jacksonville, FL 32216

6300 Bent Grass Blvd.Canal Winchester, OH 43110

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TABLE OF CONTENTS

Executive Summary 3

Course and Facility Photos 4

Maps & Aerials 7

Scorecard 10

Routing 11

Franklin County Ohio Demographics 12

Columbus, Ohio Info 14

Golf Market Overview 15

Golf as Investment 21

Contact Information 22

Confidentiality Agreement 24


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EXECUTIVE SUMMARY

PROPERTY DESCRIPTION:

PRICE

Sale Price:

Acres:

$1,950,000

288 acres ±

LOCATION HIGHLIGHTS


7100-yard, Michael Hurzdan designSemi-private golf coursePar 72, course rating 73.6, slope 1285 sets of tees with shortest at 3815 yardsRange3450 SF Clubhouse, no kitchen, but spacefor kitchen.Two outdoor patios, 1264 SF and 219 SFBar and snack areaGolf shopSix lakes

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Course built by a well-known, regionaldeveloper and home-builder.

Columbus, Ohio MSA 2,021,632

INVESTMENT HIGHLIGHTS

Westchester Golf Course6300 Bent Grass Blvd.Canal Winchester, OH 43110

Columbus, Ohio MSA 2,000,000+

Westchester Golf Course is located within acommunity of 900 homes and condos with150 additional under construction in CanalWinchester, a fast-growing suburb ofColumbus, Ohio.

Canal Winchester has nearly doubled in sizesince 2000. It offers easy commute todowntown and outerbelt businesses via I-70,11 miles away, and I-270, 8 miles away.

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CBCworldwide.com Coldwell Banker Commercial Benchmark4348 Southpoint Blvd # 310Jacksonville, FL 32216

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COURSE PHOTOS

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COURSE PHOTOS

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FACILITY PHOTOS

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MAPS AND AERIALS

LOCATION: Westchester Golf Course is in a southeastern suburb of Columbus,Ohio, with easy access to I-70 and I-270 and Route 33. It is in a community of900 homes and condos with 150 additional under construction. CanalWinchester has doubled in size since 2000.

The population in the Columbus MSA is 2,021,632.

Internal Parcelsfor Development

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MAPS AND AERIALS



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MAPS AND AERIALS



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SCORECARD

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ROUTING

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CENSUS DATA FRANKLIN COUNTY OHIO

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DEMOGRAPHICS FRANKLIN COUNTY OH

Source: U.S. Census Data

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COLUMBUS, OHIO, INFORMATION


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The population in the Columbus, Ohio, MSA is 2,021,632.

Columbus is the capital of the state of Ohio. It is home of The Ohio State University, andBattelle Memorial Institute, a large, private research facility, as well as a number of Fortune500 businesses, all of which are historical growth drivers for the area.

Fortune 500 companies located in Columbus include:Nationwide Insurance, Wendy’s, Cardinal Health, Red Roof Inn, L Brands ( Victoria’sSecret), Big Lots, American Electric Power, Chemical Abstracts, Worthington Industries,and others.

Other colleges and universities in the area include Capital University, Otterbein Universityand Ohio Wesleyan University.

In 2006, Columbus was ranked by CNN Money as the 8th best big city in the country forliving conditions. In 2012, Columbus was ranked by Bloomberg Businessweek asAmerica's 20th Best City, the highest-ranked city in Ohio.

The Columbus market has a rich tradition in golf with several clubs being sites ofsignificant golf tournaments. Scioto Country Club hosted the 1926 U.S. Open, the 1931Ryder Cup, the 1950 PGA Championship, the 1968 U.S. Amateur, the 1986 Senior U.S. Openand 2016 U.S. Senior Open. Columbus Country Club hosted the 1964 PGA Championship.Muirfield Village GC hosts the PGA Tour annually at The Memorial Tournament and hasbeen the site of the 1987 Ryder Cup and the 2013 Presidents Cup.

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GOLF MARKET – AVAILABILITY OF GOLF


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Source: National Golf Foundation

2015 population Total Public Private

Metropolitan Statistical Area Population Population Population Population

Holes per 18 holesRank

Holes per 18 holes Rank Holes per 18 holes Rank

HiltHead/ Bluffton/ Beaufort 202,766 1,107 3,297 1 612 5,877 2 486 7,510 2

Naples/Immokalee/Marco Isl 349,909 1,530 4,117 2 351 17,944 79 1,179 5,342 1

The Villages 115,011 495 4,182 3 234 8,847 6 261 7,932 3

Myrtle Beach/ Conway /N Myrtle 425,521 1,710 4,479 4 1,548 4,948 1 162 47,280 29

Banrstable MA 224,239 684 5,901 5 387 10,430 13 297 13,590 6

Monroe MI 149,760 414 6,511 6 396 6,807 3 18 149,760 295

Sebastian/Vero Beach 146,977 396 6,681 7 99 26,723 163 297 8,908 4

Sebring,FL 100,566 279 6,704 8 252 7,183 4 18 100,566 215

Port St. Lucie, FL 451,250 1,098 7,398 9 432 18,802 91 666 12,196 5

Cape Coral/ Fort Myers FL 666,029 1,593 7,526 10 738 16,245 57 855 14,022 7

Vineland/ Bridgeton NJ 156,574 18 156,574 379 18 156,674 377 NA NA NA

New York/ Newark/ Jersey City 20,182,129 8,019 45,302 356 3,717 97,734 372 4,302 84,444 168

LA/ Long Beach/ Anaheim 13,287,932 2,835 84,368 376 1,827 130,916 374 1,008 237,285 343

Chicago/ Naperville/ Elgin 9,574,595 5,913 29,146 283 4,068 42,365 275 1,845 93,411 198

Phoenix/Mesa/ Scottsdale 4,470,538 4,014 20,047 166 3,123 25,767 151 891 90,314 191

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GOLF AVAILABILITY COLUMBUS AND OHIO


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GOLF MARKET OVERVIEW


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Source: NGF


MOST RECENT DATA

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GOLF MARKET: National Golf Foundation


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MOST RECENT DATA

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MOST RECENT DATA

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GOLF MARKET OVERVIEW: INVESTMENT VALUE


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CONTACT INFORMATION


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For more information, please contact:

Kathy Bissell, VP Golf Course Sales David RumaColdwell Banker Commercial Benchmark The Robert Weiler Company904-285-5465 Columbus, Ohio904-233-7553 © [email protected]

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CONFIDENTIALITY STATEMENT

This offering has been prepared solely for informational purposes. It is designed to assist a potentialinvestor in determining whether it wishes to proceed with an in-depth investigation of the subjectproperty. While the information contained herein is from sources deemed reliable, it has not beenindependently verified by the Coldwell Banker Commercial affiliate or by the Seller.

The projections and pro forma budget contained herein represent best estimates on assumptionsconsidered reasonable under the circumstances. No representations or warranties, expressed orimplied, are made that actual results will conform to such projections.

This document is provided subject to errors, omissions and changes in the information and issubject to modification or withdrawal. The contents herein are confidential and are not to bereproduced without the express written consent.

Interested buyers should be aware that the Seller is selling the Property “AS IS” CONDITION WITHALL FAULTS, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE.Prior to and/or after contracting to purchase, as appropriate, buyer will be given a reasonableopportunity to inspect and investigate the Property and all improvements thereon, eitherindependently or through agents of the buyer’s choosing.

The Seller reserves the right to withdraw the Property being marketed at any time without notice, toreject all offers, and to accept any offer without regard to the relative price and terms of any otheroffer. Any offer to buy must be: (i) presented in the form of a non-binding letter of intent; (ii)incorporated in a formal written contract of purchase and sale to be prepared by the Seller andexecuted by both parties; and (iii) approved by Seller and such other parties who may have aninterest in the Property. Neither the prospective buyer nor Seller shall be bound until execution ofthe contract of purchase and sale, which contract shall supersede prior discussions and writingsand shall constitute the sole agreement of the parties.

Prospective buyers shall be responsible for their costs and expenses of investigating the Propertyand all other expenses, professional or otherwise, incurred by them.


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The information herein contained has been obtained from sources believed reliable. While we do notdoubt its accuracy, Coldwell Banker Commercial makes no warranty or representation as to its accuracyand completeness. The information contained herein is therefore possibly subject to errors, omission andcommission. Any prospective purchaser should conduct a careful and independent investigation of theproperty to determine to its satisfaction the suitability of the property to its investment needs. For tax orlegal advice, one should consult a Certified Public Accountant or attorney.

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CONFIDENTIALITY

This confidentiality Agreement will confirm our mutual understanding in connection with Coldwell BankerCommercial Benchmark Golf Course Sales providing, and your receipt of information regarding, WestchesterGolf Course, Canal Winchester, OH, referred herein as (The “Company”).1. “Information” means all oral or written data, reports, records or materials obtained from us or theCompany, including the name, address and type of business of the Company, the knowledge that theCompany may be considering a sale, or even the fact that information is being provided.2. Information is being furnished solely in connection with your consideration of the acquisition of theCompany and shall be treated as “secret” and confidential, and no portion of it shall be disclosed to others,except to your employees and agents whose knowledge of the information is required to evaluate theCompany as a potential acquisition and who shall assume the same obligations as you under this Agreement.The undersigned hereby assumes full responsibility for the compliance of such employees or agents to theterms of this Agreement. The undersigned further agrees that it will not interfere with any business of theCompany through the use of any information or knowledge acquired under this Agreement.3. It is understood that the Company is the intended party and beneficiary whose rights are beingprotected and may enforce the terms of this Confidentiality Agreement as if it were a party to the Agreement.4. All information shall be promptly returned or destroyed, as directed by Coldwell Banker CommercialBenchmark.5. It is understood that (a) no representation or warranties are being made as to the completeness oraccuracy of any information and (b) any and all representation and warranties shall be made solely by theCompany in a signed acquisition agreement or purchase contract and then be subject to the provisions thereof.6. The undersigned acknowledges the responsibility to perform a due diligence review at his own costand expense prior to any acquisition.7 The undersigned agrees not to circumvent Coldwell Banker Commercial Benchmark in transactionsinvolving the company for a period of two years from the date of signature on this document.8. The total purchase price shall include any new or purchase money mortgages, assumed mortgages,

leases, joint ventures and “taken subject to” mortgages.9. Commission shall be due and payable at closing and transfer of title.10. The laws of the State of Florida shall govern this agreement.

Signature ____________________________________ Date________________________________

Name of Individual______________________________Title________________________________

Company:____________________________________ Email:______________________________

Address_____________________________________ Telephone____________________________

City, Sate, Zip__________________________________Fax__________________________________

Sign scan and email: [email protected] Fax to 904-281-0998 Attn: Kathy Bissell

PROPERTY NAME - LoopNet · Sale Price: Acres: $1,950,000 ... 900 homes and condos with 150 additional under construction. Canal Winchester has doubled in size since 2000. The population

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