13000 Old Cove Rd, Northport, AL

Business for Sale - 2,500 Sq. Ft. on 195 acres


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Agent Info

NameDewey Jacobs

Property Info

CIMLS #1048995
Location13000 Old Cove Rd
Northport AL 35473
Last UpdatedJune 10th, 2019
TypeBusiness
PriceUndisclosed
Building2,500 Sq. Ft.
Land195 acres
DemographicsView data

Attached Documents


Contact


Property Description

Hidden Meadows Golf Course in Northport (Tuscaloosa), Alabama

Bidding ends Thursday, July 11th at 1:00 pm (CT)

13000 Old Cove Rd. Northport, AL

Hidden Meadows Golf Course - A semi-private, turn-key, family-owned and operated golf course located in Northport, Alabama (minutes from downtown Tuscaloosa and the University of Alabama). This multi-use 192± acre property currently features an operating 18-hole championship golf course, practice facility includes driving range and large putting green, clubhouse with a pro shop and mixed grill, detached barn and service shop, and swimming facilities with large pool and baby pool. Equipment included.

• Turn-Key Operation

• Operating 18 Hole Championship Golf Course (Semi-Private)

• Family-Owned & Operated

• 195± Total Acres

• Minutes from downtown Tuscaloosa & University of Alabama

• Established in 1996

• 2,500 SF Clubhouse/Pro Shop/Grill

• Community-sized Swimming Facility

• Practice Facility including Driving Range, Large Putting Green

• Zoned RS-SD (Residential-Special Development)

• Selling in Parcels or as an Entirety

• Development Potential

• Event Venue or Corporate/Private Retreat

The Property is being offered in the following three ways:

1. North Tract - All property associated with Hidden Meadows Golf Course that is located on the north side of Shamblin Road (approximately 128± acres total) and includes the clubhouse/grill, swimming facilities, driving range/practice facilities, equipment barn/service shop. The golf course equipment will also be included with whoever purchases this tract.

2. South Tract - All property associated with Hidden Meadows Golf Course that is located on the south side of Shamblin Road (approximately 67± acres).

3. Entirety - Hidden Meadows Golf Course and all property associated with the business. Approximately 195± acres total, clubhouse/grill, swimming facilities, driving range/practice facilities, equipment barn/service shop and all equipment associated with the business.

AUCTION INFORMATION

Auction: Online Bidding begins Thursday, June 27th at 1:00 p.m. CT and ends Thursday, July 11th at 1:00 p.m. CT.

Bidding: All bidding is by the dollar.

Buyer’s Premium: A 10% Buyer’s Premium will be added to the final bid to determine the Total Contract Price paid by the Purchaser.

Bidder Registration Fee: A registration fee of $10,000.00 is required to register to bid. Please call for details 800-476-3939.

Terms of Sale: The Contract is to be signed and returned to Target Auction Company auction day. This is a Cash Sale with 10% down due by 4:00 pm CT on Friday, July 12th with the balance due at closing within 30 days.

Broker Compensation: Buyer Brokers are welcome. Please see the Broker Compensation Form under this property’s Documents tab.

Open House Events: An auction representative will be available for property tours on Wednesday, July 3rd and 10th from 10 am - 2 pm. Please call 800-476-3939 to schedule your viewing.