No Address, WISCONSIN RAPIDS, WI
Business for Sale - $2,950,000 - 139 acres
Property Info
| CIMLS# | 294709 |
| Location WISCONSIN RAPIDS WI 54494 | |
| Updated | January 3rd, 2012 |
| Type | Business |
| Price | $2,950,000 |
| Land | 139 acres |
Property Description
KEY FEATURES:
18 HOLE GOLF COURSE
CONFERENCE CENTER
BANQUET FACILITY
RESTAURANT & BAR
IRRIGATION UPGRADES
STRONG BANQUET BOOKINGS
SOLID REPUTATION
TURN-KEY BUSINESS
Description:
PRICE REDUCED...The Ridges Golf Course & Banquet facility is located in Wisconsin Rapids in Central Wisconsin.
This is a beautiful 18 hold golf course and banquet center with lots uf updates and upgrades. Just this year, $350,000 in irrigation system upgrades were made and new signage was installed. This facility does a large banquet business with many weddings and conferences held throughout the year with great bookings already scheduled through 2012.
The facility is located on 139 acres and includes the 18 hole golf course, a 22,600 square foot clubhouse and banquet and conference center, restaurant, and bar. In addition, there is an approved 25+ parcel housing development, hotel pad, and commercial site included with the sale.
The Ridges is a par 72 course with seven ponds, seven fairway bunkers and a creek that comes into play on hole #'s 10, 12 & 13. The course has 3 tee positions and offers challenges for golfers at all levels.
18 Hole - Par 72 - 6,313 yards - 139.2 Acres - Rating 70.9 / Slope 131
The Conference Center and Banquet facility does a booming wedding business with seating for up to 400 in the Pavilion. The West Wing has seating for up to 300 which allows The Ridges to cater and host two weddings at a time.
The restaurant has a separate kitchen from the banquet facility.
There is a lighted driving range and practice area, two maintenance sheds, fully automatic Toro irrigation system, both owned and leased electric carts, and all fixtures and equipment needed to continue operating the golf course and conference center. The irrigation system just has $350,000 of upgrades installed.
The greater Wisconsin Rapids area has a population in excess of 30,000 plus an additional 35,000 people live within 20 miles of the golf course.
Give us a call for the complete equipment list. was priced at $3.5 million...Reduced to $2.95 million.