Contact: John Willingham, CBI, CCIM At 661-332-9401 Cell , 661-332-9401 Text - Also Email This Contact Below
Asking Price: $4,900,000 Down Payment: Call / Email
Annual SDC: Call / Email
Annual Gross: $2,070,846
Business Address: None Given City: Bakersfield Zip: None Given
Attributes: Broker-Broker Coop, Training & Support, Real Estate Included, Real Estate Available, Owner Financing
The 18-hole Rio Bravo course at the Rio Bravo Country Club facility in Bakersfield, features 7,000 yards of golf from the longest tees for a par of 72. The course rating is 73.1 and it has a slope rating of 131 on Bermuda grass. Designed by Robert Muir Graves, ASGCA, the golf course opened in 1975.
The Club is a very popular venue for events such as weddings, graduations, or any other event. COVID has slowed that down, but it will start again as soon as it is over. Estimates are things could start up again in Spring 2021.
The previous owner mismanaged the Club and several of the members ended up owning the Club. They have invested a lot into the grounds and remodeled the Club house, but more needs to be invested. The price includes 328 acres. Approximately 198 acres is either the golf course or course related property. 130 acres is a hillside to the East of the Course it has a beautiful view of the Sierra Nevada Mountains and is excellent development land. There is a Tentative Map for 22 lots along Casa Club that is ready to develop now. This property needs someone that can invest the money to bring this property up to par.
The price includes businesses being operated there by the owners as follows: 1) Golf Business including the Pro Shop, green fees, cart rentals, lessons and etc. 2) Restaurant and Bar with an ABC 47 License. 3) Events and Catering
The Clubhouse building according to the County Assessor's Office is 18,010 sq. ft. and there is another maintenance building of 3631 sq. ft.
The owners are motivated to sell and will consider any reasonable offer. Act now!
To get more information about this Golf And Country Club, Real Estate - Established business for sale in
Bakersfield, Kern County please phone John Willingham, CBI, CCIM (Broker - BRE License #:556588) at 661-332-9401 Cell and 661-332-9401 Text - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #265696 on BizBen.com. In addition to phoning
John Willingham, CBI, CCIM, make sure you email John Willingham, CBI, CCIM above to get more info about this
Golf And Country Club, Real Estate - Established, to ask any questions or request an appointment to see this
business for sale. Thank you.