|Catylist Listing ID:||30137084|
|Building Size (RSF):||28,700 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||190 Acres|
|Property Use Type:||Investment, Vacant/Owner-User, Business|
|Sale Terms:||Cash to Seller|
Tanglewood Golf Course, located in beautiful Taylorsville, KY (Spencer County) just 1 mile from the Taylorsville Lake and Marina.
Approximately 190 acres of rolling country side with 5 stocked lakes.
Spencer County is one of the fastest growing counties in Kentucky with easy access to major thoroughfares, low crime rate, good schools, and a new large middle school opening soon, just across the street from Tanglewood.
Tanglewood is an 18 hole, par 72 course, 6,457 yards, slope/rating of 121/70.2, designed by Buck Blankenship with challenging lies and stances, opened in 1984.
The fully stocked Club House and Pro Shop (approx. 4500 sf) has a bar with a full liquor license, commercial kitchen, and large banquet room, great for hosting meetings, weddings, and other events.
There are two condo/motel buildings used for stay and play packages or short term rentals for that golf and boat getaway. Buildings have been recently renovated consisting of a total of 16 fully furnished 2 bedroom condominiums and 16 efficiency units within. Each building has approx 10,000 sf of finished space and another 1,500 sf of unfinished storage space.
Property also includes a 4,200 sf large barn used for golf cart storage, additional offices and maintenance shop. The 100 year old barn is well maintained and was the dairy barn of the original farm. Upper area could easily be made into an additional large country setting area for hosting larger weddings, receptions, and other events.
Golf course is approximately 145 acres of the 190. Other opportunities for this great property includes single or mixed use housing development, RV Pads, vacation rental cottages, business/industrial park, storage units, etc.
Business is cash flow positive and revenue has doubled in just the past three years.
The golf course land is zoned R-2, single family residential on sewer.
The Club House and Condo buildings are zoned B-3.
Only 20 minutes from Louisville, KY at I-265 and only 20 minutes from Shelbyville, KY at I-64.
|Nearest MSA:||Louisville/Jefferson County|
|Zoning:||R-2 - Residential Zone - Multi-Family|
|Proximity:||1 mile||3 miles||5 miles|
Jim HarboltGant Hill & Associates, LLC
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