Exclusively Listed By: Eddy A. Dingman Real Estate/Business Broker + 847 987 6626 Direct + 781 810 9653 Fax [email protected]www.nationalgolfandmarina.com Confidential Offering Memorandum Please Do Not Disturb Employees RAINBOW GOLF COURSE & LODGE WITH AIR STRIP DEVELOPMENT OPPORTUNITY GREENVILLE, NY ASSET SALE JUST REDUCED!
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NATIONAL GOLF & MARINA PROPERTIES GROUP | www.nationalgolfandmarina.comof Coldwell Banker Commercial NRT
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This offering has been prepared solely for informational purposes. It is designed to assist a potential investor in determining whether it wishes to proceed with an in-depth investigation of the subject property. While the information contained herein is from sources deemed reliable, LW�KDV�QRW�EHHQ�LQGHSHQGHQWO\�YHUL¿HG�E\�1DWLRQDO�*ROI�DQG�0DULQD�3URSHUWHLV�*URXS�RI�&ROG-ZHOO�%DQNHU�&RPPHUFLDO�157�RU�E\�WKH�6HOOHU��
This document is provided subject to errors, omissions and changes in the information and is VXEMHFW�WR�PRGL¿FDWLRQ�RU�ZLWKGUDZDO��7KH�FRQWHQWV�KHUHLQ�DUH�FRQ¿GHQWLDO�DQG�DUH�QRW�WR�EH�UHSURGXFHG�ZLWKRXW�WKH�H[SUHVV�ZULWWHQ�FRQVHQW�RI�1DWLRQDO�*ROI�DQG�0DULQD�3URSHUWHLV�*URXS�RI�&ROGZHOO�%DQNHU�&RPPHUFLDO�157��
PLEASE DO NOT DISTURB EMPLOYEESRAINBOW GOLF COURSE & LODGE | Confidential offering MeMoranduM
NATIONAL GOLF & MARINA PROPERTIES GROUP | www.nationalgolfandmarina.comof Coldwell Banker Commercial NRT
PLEASE DO NOT DISTURB EMPLOYEES
(DEVELOPMENT OPPORTUNITY)
JUST REDUCED!
Golf Course - With a total of 150 acres, the golf FRXUVH�¿UVW�RSHQHG����KROHV��LQ�������DQG�KDV�EHHQ����KROHV�VLQFH�������,W�LV�D�86*$�UDWHG�FRXUVH�
With 5 sets of tees, the course is a pleasure for golf-ers of any skill level to play. Rainbow will challenge you while providing a relaxing, picturesque backdrop. Test your accuracy with our fairways, water hazards and the area’s only island green; the course has ev-erything you need to challenge you and improve your game.
Clubhouse - &OXEKRXVH�WKDW�LQFOXGHV�D�UHVWDXUDQW�NLWFKHQ�RQ�WKH�¿UVW�ÀRRU�ZLWK�GLQLQJ�FDSDFLW\�IRU������a fully stocked bar, a large outdoor deck and grill that is open daily.
There is also room for a nice apartment upstairs.
Pro Shop - Included within the clubhouse is a pro shop that offers rental golf carts and guest registra-tion.
Manor House - 7KH�0DQRU�KRXVH�KDV�VL[�RQH�EHG-room vacation suites available with “stay and play” options.(DFK�VXLWH� LV�DERXW�����VT�� IW��3ULYDWH�RZQHUV� UHVL-GHQFH�LV�WKH�GRZQVWDLUV�SRUWLRQ�RI�WKH�0DQRU�+RXVH��The upstairs is an additional one room with a bath. The other side of the upstairs is un-renovated and used for storage. g equipment, etc.
Airport/Airstrip - There is a fully licensed and in-sured grass landing air strip for small planes and he-OLFRSWHUV���7KLV�OHQGV�ZHOO�WR�WKRVH�ZKR�ZLVK�WR�À\�LQ�for breakfast and a round of golf.
The subject property is an 18-hole USGA rated semi-private golf course with a grass landing strip for small planes. Property also includes a manor house with lodging, clubhouse,
restaurant with fully-stocked bar, etc
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PLEASE DO NOT DISTURB EMPLOYEESRAINBOW GOLF COURSE & LODGE | Confidential offering MeMoranduM
NATIONAL GOLF & MARINA PROPERTIES GROUP | www.nationalgolfandmarina.comof Coldwell Banker Commercial NRT
PLEASE DO NOT DISTURB EMPLOYEES
(DEVELOPMENT OPPORTUNITY)
JUST REDUCED!
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PLEASE DO NOT DISTURB EMPLOYEESRAINBOW GOLF COURSE & LODGE | Confidential offering MeMoranduM
NATIONAL GOLF & MARINA PROPERTIES GROUP | www.nationalgolfandmarina.comof Coldwell Banker Commercial NRT
PLEASE DO NOT DISTURB EMPLOYEES
(DEVELOPMENT OPPORTUNITY)
JUST REDUCED!
•6•
PLEASE DO NOT DISTURB EMPLOYEESRAINBOW GOLF COURSE & LODGE | Confidential offering MeMoranduM
NATIONAL GOLF & MARINA PROPERTIES GROUP | www.nationalgolfandmarina.comof Coldwell Banker Commercial NRT
PLEASE DO NOT DISTURB EMPLOYEES
(DEVELOPMENT OPPORTUNITY)
JUST REDUCED!
•7•
PLEASE DO NOT DISTURB EMPLOYEESRAINBOW GOLF COURSE & LODGE | Confidential offering MeMoranduM
NATIONAL GOLF & MARINA PROPERTIES GROUP | www.nationalgolfandmarina.comof Coldwell Banker Commercial NRT
PLEASE DO NOT DISTURB EMPLOYEES
(DEVELOPMENT OPPORTUNITY)
JUST REDUCED!
•8•
PLEASE DO NOT DISTURB EMPLOYEESRAINBOW GOLF COURSE & LODGE | Confidential offering MeMoranduM
NATIONAL GOLF & MARINA PROPERTIES GROUP | www.nationalgolfandmarina.comof Coldwell Banker Commercial NRT
PLEASE DO NOT DISTURB EMPLOYEES
(DEVELOPMENT OPPORTUNITY)
JUST REDUCED!
/RFDWHG�LQ�*UHHQH�&RXQW\�LQ�WKH�+XGVRQ�5LYHU�9DOOH\��WKH�7RZQ�RI�*UHHQYLOOH¶�LV�DSSUR[LPDWHO\����VTXDUH�PLOHV�DQG�KDV�DFFHVV�WR�ERWK�JURZLQJ�EXVLQHVV�RSSRUWXQLW\�LQ�1HZ�<RUN¶V�7HFK�9DOOH\�FRUULGRU��DQG�VRPH�RI�WKH�EHVW�UXUDO�UHFUHDWLRQDO�GHVWLQDWLRQV�LQ�WKH�DUHD��*UHHQYLOOH�RIIHUV�JRU-JHRXV�YLHZV�RI�WKH�&DWVNLOO�0RXQWDLQV�WR�WKH�VRXWK��D�UXUDO�HQYLURQPHQW�IRU�UHVLGHQWV�DQG�EXVL-nesses, good schools with wonderful parks and friendly neighbors. There is plenty of recreation year round in our area with close proximity to ski resorts and bragging rights to three golf cours-es, including Rainbow Golf Course and Lodge.
PLEASE DO NOT DISTURB EMPLOYEESRAINBOW GOLF COURSE & LODGE | Confidential offering MeMoranduM
NATIONAL GOLF & MARINA PROPERTIES GROUP | www.nationalgolfandmarina.comof Coldwell Banker Commercial NRT
PLEASE DO NOT DISTURB EMPLOYEES
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LOCATION MAPS
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PLEASE DO NOT DISTURB EMPLOYEESRAINBOW GOLF COURSE & LODGE | Confidential offering MeMoranduM
NATIONAL GOLF & MARINA PROPERTIES GROUP | www.nationalgolfandmarina.comof Coldwell Banker Commercial NRT
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Location Aerials
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PLEASE DO NOT DISTURB EMPLOYEESRAINBOW GOLF COURSE & LODGE | Confidential offering MeMoranduM
NATIONAL GOLF & MARINA PROPERTIES GROUP | www.nationalgolfandmarina.comof Coldwell Banker Commercial NRT
PLEASE DO NOT DISTURB EMPLOYEES
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Confidentiality Agreement
7KLV�&RQ¿GHQWLDOLW\�$JUHHPHQW��³$JUHHPHQW´��LV�PDGH�DV�RI�WKH�BBBBBBB�GD\�RI�BBBBBBBBBBBBBBBBBBBBBBBB�������E\�1$7,21$/�*2/)��0$5,1$�3523(57,(6�*5283�RI�&ROGZHOO�%DQNHU�&RPPHUFLDO�157�DQG�BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB��³5HFLSLHQW´���� :+(5($6��2ZQHU�LV�WKH�RZQHU�RI�WKH�3URSHUW\�NQRZQ�DV�Rainbow Golf Course, Greenville, New York �WKH�³3URSHUW\´��DQG�5HFLSLHQW�LV�D�SDUW\�LQWHUHVWHG�LQ�SXUFKDVLQJ�WKH�3URSHUW\�IURP�2ZQHU��³2ZQHU´���RU�5HFLSLHQW�LV�DQ�DGYLVRU�UHSUHVHQWLQJ�D�SDUW\�WKDW�KDV�H[SUHVVHG�LQWHUHVW�LQ�SXUFKDVLQJ�WKH�3URSHUW\�IURP�2ZQHU��DQ�³,QWHU-HVWHG�3DUW\´����� :+(5($6��LQ�RUGHU�WR�HYDOXDWH�WKH�SRVVLEOH�VDOH�RI�WKH�3URSHUW\��5HFLSLHQW�KDV�UHTXHVWHG�DFFHVV�WR�FHU-WDLQ�FRQ¿GHQWLDO�DQG�SURSULHWDU\�LQIRUPDWLRQ�WKH�XQDXWKRUL]HG�UHOHDVH�RI�ZKLFK�FRXOG�FDXVH�VHULRXV�KDUP�WR�2ZQHU��and �� :+(5($6��2ZQHU�LV�ZLOOLQJ�WR�SURYLGH�VXFK�LQIRUPDWLRQ�LI�LW�KDV�DGHTXDWH�DVVXUDQFHV�WKDW�WKH�LQIRUPDWLRQ�ZLOO�EH�NHSW�FRQ¿GHQWLDO���� 12:��7+(5()25(��IRU�JRRG�DQG�YDOXDEOH�FRQVLGHUDWLRQ��WKH�UHFHLSW�DQG�VXI¿FLHQF\�RI�ZKLFK�DUH�KHUHE\�acknowledged, Recipient agrees as follows: �� ���� 5HFLSLHQW�DFNQRZOHGJHV�WKDW�DOO�GRFXPHQWV��DQDO\VHV��UHFRUGV��VWDWHPHQWV��HWF���WKH�³&RQ¿GHQWLDO�,QIRUPDWLRQ´��SURYLGHG�E\�2ZQHU�RU�LWV�EURNHU��1DWLRQDO�*ROI��0DULQD�3URSHUWLHV�*URXS�RI�&ROGZHOO�%DQNHU�&RP-PHUFLDO�157��³2ZQHU¶V�%URNHU´��DUH�FRQ¿GHQWLDO�DQG�SURSULHWDU\�WR�2ZQHU��7KH�WHUP�&RQ¿GHQWLDO�,QIRUPDWLRQ�GRHV�not include information that (i) is already in Recipient’s possession (other than information previously furnished to Recipient by Owner or its agents), provided that such information is not known by Recipient to be subject to anoth-HU�DJUHHPHQW�RU�REOLJDWLRQ�RI�FRQ¿GHQWLDOLW\��RU��LL��EHFRPHV�JHQHUDOO\�DYDLODEOH�WR�WKH�SXEOLF�RWKHU�WKDQ�DV�D�UHVXOW�RI�D�GLVFORVXUH�E\�5HFLSLHQW�RU�WKRVH�WR�ZKRP�5HFLSLHQW�KDV�SURYLGHG�&RQ¿GHQWLDO�,QIRUPDWLRQ��&RQ¿GHQWLDO�,QIRU-mation shall not be deemed to be generally available to the public or in the public domain merely because any part RI�DQ\�&RQ¿GHQWLDO�,QIRUPDWLRQ�LV�HPERGLHG�LQ�JHQHUDO�GLVFORVXUHV�RU�EHFDXVH�LQGLYLGXDO�IHDWXUHV��FRPSRQHQWV��or combinations thereof are now known or become known to the public), or (iii) becomes available to Recipient on D�QRQ�FRQ¿GHQWLDO�EDVLV�IURP�D�VRXUFH�RWKHU�WKDQ�2ZQHU�RU�LWV�DJHQWV�RU�DGYLVRUV��SURYLGHG�WKDW�VXFK�VRXUFH�LV�QRW�NQRZQ�E\�5HFLSLHQW�WR�EH�ERXQG�E\�DQ�DJUHHPHQW�RU�RWKHU�REOLJDWLRQ�RI�FRQ¿GHQWLDOLW\��5HFLSLHQW�VKDOO�NHHS�DOO�VXFK�LQIRUPDWLRQ�FRQ¿GHQWLDO�DQG�VKDOO�QRW��H[FHSW�DV�PD\�EH�UHTXLUHG�E\�ODZ��UHJXODWLRQ�RU�OHJDO�SURFHVV�ELQGLQJ�XSRQ�5HFLSLHQW��GLVFORVH��VXPPDUL]H�RU�RWKHUZLVH�SURYLGH�DQ\�RU�DOO�RI�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�LQ�DQ\�PDQQHU�ZLWKRXW�WKH�SULRU�ZULWWHQ�DXWKRUL]DWLRQ�RI�2ZQHU��H[FHSW�DV�RWKHUZLVH�VHW�IRUWK�LQ�WKLV�$JUHHPHQW��5HFLSLHQW�PD\�GLV-FORVH�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�WR�WKH�,QWHUHVWHG�3DUW\��SURYLGHG�VXFK�,QWHUHVWHG�3DUW\�KDV�SUHYLRXVO\�H[HFXWHG�DQG�GHOLYHUHG�WR�2ZQHU�D�FRQ¿GHQWLDOLW\�DJUHHPHQW�LQ�WKH�IRUP�RI�WKLV�$JUHHPHQW��5HFLSLHQW�VKDOO�QRW�SKRWRFRS\�RU�UHSURGXFH�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�LQ�DQ\�PDQQHU������ 5HFLSLHQW�PD\�XVH�DQ\�RU�DOO�RI�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�RQO\�IRU�WKH�SXUSRVH�RI�LWV�DQDO\VLV�RI�WKH�SRV-VLEOH�SXUFKDVH�RI�WKH�3URSHUW\��,I�5HFLSLHQW�LV�DQ�,QWHUHVWHG�3DUW\��LW�PD\�VXPPDUL]H�DQ\�RU�DOO�RI�WKH�&RQ¿GHQWLDO�,Q-IRUPDWLRQ�RQO\�LQ�WKDW�FRQQHFWLRQ��5HFLSLHQW�VKDOO�QRW�XVH�DQ\�RI�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�IRU�DQ\�RWKHU�SXUSRVH�� 3. On a “need-to-know” basis only and solely for the purposes of assisting Recipient in evaluating the pur-FKDVH�RI�WKH�3URSHUW\��5HFLSLHQW�PD\�GLVFORVH��VXPPDUL]H�RU�RWKHUZLVH�SURYLGH�DQ\�SRUWLRQ�RI�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�����WR�5HFLSLHQW¶V�SDUWQHUV�DQG�HPSOR\HHV��DQG�����LI�5HFLSLHQW�LV�DQ�,QWHUHVWHG�3DUW\��DOVR�WR�LWV�DF-countants, potential lenders, lawyers, agents and other advisors. In either event, Recipient shall give a copy of this $JUHHPHQW�WR�DOO�SHUVRQV�WR�ZKRP�LW�JLYHV�DFFHVV�WR�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�DQG�VKDOO�LQIRUP�DOO�VXFK�SHUVRQV�WKDW�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�LV�FRQ¿GHQWLDO�DQG�SURSULHWDU\�WR�2ZQHU��DQG�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�PXVW�EH�PDLQWDLQHG�DV�FRQ¿GHQWLDO��DQG�WKDW�QRQH�RI�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�PD\�EH�GLVFORVHG�ZLWKRXW�SULRU�ZULWWHQ�authorization by Owner.
4. If the Property is not sold to Recipient’s Interested Party, Recipient shall
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PLEASE DO NOT DISTURB EMPLOYEESRAINBOW GOLF COURSE & LODGE | Confidential offering MeMoranduM
NATIONAL GOLF & MARINA PROPERTIES GROUP | www.nationalgolfandmarina.comof Coldwell Banker Commercial NRT
PLEASE DO NOT DISTURB EMPLOYEES
(DEVELOPMENT OPPORTUNITY)
JUST REDUCED!
CONFIDENTIALITY AGREEMENT
�� ��� �,I�WKH�3URSHUW\�LV�QRW�VROG�WR�5HFLSLHQW¶V�,QWHUHVWHG�3DUW\��5HFLSLHQW�VKDOO�SURPSWO\�UHWXUQ�WR�2ZQHU�DOO�&RQ¿GHQWLDO�,QIRUPDWLRQ�LW�UHFHLYHG�DW�2ZQHU¶V�RU�2ZQHU¶V�%URNHU¶V�UHTXHVW��,I�5HFLSLHQW�LV�DQ�,QWHUHVWHG�3DUW\�DQG�5HFLSLHQW�GHWHUPLQHV�WKDW�LW�LV�QRW�LQWHUHVWHG�LQ�SXUFKDVLQJ�WKH�3URSHUW\��5HFLSLHQW�VKDOO�SURPSWO\�UHWXUQ�WR�2ZQHU�DOO�&RQ¿GHQWLDO�,QIRUPDWLRQ�LW�UHFHLYHG�DW�2ZQHU¶V�RU�2ZQHU¶V�%URNHU¶V�UHTXHVW�� 5. Owner and Owner’s Broker make no representation or warranty about the accuracy or complete-QHVV�RI�DQ\�&RQ¿GHQWLDO�,QIRUPDWLRQ��5HFLSLHQW�UHOHDVHV�DQG�KROGV�2ZQHU�DQG�2ZQHU¶V�%URNHU�KDUPOHVV�IURP�DQG�DJDLQVW�DQ\�ORVV�RU�GDPDJH�5HFLSLHQW�PD\�VXVWDLQ�GXH�WR�LWV�UHOLDQFH�RQ�DQ\�RI�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ��,I�5HFLSLHQW�LV�DQ�,QWHUHVWHG�3DUW\��WKH�SURYLVLRQV�RI�WKLV�$JUHHPHQW�VKDOO�QRW�EH�DPHQGHG��PHUJHG�LQWR�RU�RWKHUZLVH�PRGL¿HG�E\�DQ\�VXEVHTXHQW�DJUHHPHQW�HQWHUHG�LQWR�EHWZHHQ�5HFLSLHQW�DQG�2ZQHU�RU�DQ\�LQVWUXPHQW�H[HFXWHG�E\�2ZQHU�IRU�5HFLSLHQW¶V�EHQH¿W�XQOHVV�VXFK�DJUHHPHQW�RU�LQVWUXPHQW�H[SUHVVO\�VWDWHV�VR������ �,I�DQ\�SDUW\�EHOLHYHV�WKDW�WKH�XQDXWKRUL]HG�GLVFORVXUH�RI�DQ\�RU�DOO�RI�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�LV�OLNHO\�to occur, Recipient shall take all reasonable measures, and shall support any reasonable measures by Owner, to SUHYHQW�VXFK�GLVFORVXUH��,I�DQ�XQDXWKRUL]HG�GLVFORVXUH�RI�DQ\�RU�DOO�RI�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�KDV�RFFXUUHG��Recipient shall not interfere with any effort by Owner to pursue legal and equitable remedies available in result of the unauthorized disclosure. ����,W�LV�XQGHUVWRRG�DQG�DFNQRZOHGJHG�WKDW�XQDXWKRUL]HG�UHOHDVH�RI�DQ\�RU�DOO�RI�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�ZRXOG�cause immediate and irreparable harm to Owner that could not be repaired and for which Owner could not be fully compensated by money damages. Recipient agrees that Owner may obtain injunctive relief to prevent or limit such unauthorized disclosure, and may also pursue any other remedies available under law or equity in result of DQ�DOOHJHG�RU�UHDVRQDEO\�DQWLFLSDWHG�EUHDFK�RI�WKLV�$JUHHPHQW��5HFLSLHQW�DJUHHV�WR�SD\�DQ\�GDPDJHV�LQFXUUHG�E\�2ZQHU�DV�D�UHVXOW�RI�5HFLSLHQW¶V�EUHDFK�RI�WKLV�$JUHHPHQW��LQFOXGLQJ�EXW�QRW�OLPLWHG�WR�FRXUW�FRVWV�DQG�UHDVRQDEOH�attorneys’ fees. ����� 7KLV�$JUHHPHQW�VKDOO�EH�JRYHUQHG�E\�DQG�FRQVWUXHG�LQ�DFFRUGDQFH�ZLWK�WKH�ODZV�RI�WKH�6WDWH�RI�*HRUJLD��ZLWKRXW�UHJDUG�WR�SULQFLSOHV�RI�FKRLFH�RI�ODZ�RU�FRQÀLFWV�RI�ODZ��7KLV�$JUHHPHQW�VKDOO�EH�ELQGLQJ�XSRQ�5HFLSLHQW¶V�VXFFHVVRUV�DQG�DVVLJQV��DQG�VKDOO�LQXUH�WR�WKH�EHQH¿W�RI�2ZQHU¶V�VXFFHVVRUV�DQG�DVVLJQV��7KLV�$JUHHPHQW�VKDOO�WHUPLQDWH�DV�RI�WKH�GDWH�WKDW�LV�RQH�\HDU�IURP�WKH�GDWH�5HFLSLHQW�UHWXUQV�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�WR�2ZQHU�DV�UHTXLUHG�LQ�6HFWLRQ���RI�WKLV�$JUHHPHQW��