TAMPA, FL December 10, 2013 – National Golf & Resort Properties Group of Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has been retained to exclusively market for sale the Majestic Golf Club & Development Opportunity, according to Steven Ekovich, Managing Director of the National Golf & Resort Properties Group. Terence Vanek, Associate and lead agent on the deal, is the listing broker for this privately owned golf opportunity.
Priced at $1,200,000, and located off of Interstate 75 along the southwest coast of Florida, the Majestic Golf Club & Development Opportunity is a semi-private golf club with a strong local reputation servicing the approx. 90,000 people living within Lehigh Acres. The Club is well-located in the heart of Lehigh’s main population center, with great regional access via it’s frontage along one of the primary central corridors Homestead Road. It offers membership opportunities that include access to highly desirable banquet, pool & fitness amenities, as well as an 18-hole golf course newly outfitted with brand new green complexes that boast Florida’s most popular new grass – “Sunday” Ultra-dwarf Bermuda. Finally, the Club’s front 21 acres offer long-term upside by way of a flexible, “dual-use” commercial zoning classification that allows ownership a development order to create a mixed-use community center.
Offering such a unique mix of investment opportunity, Majestic is ripe for potential investors to take advantage of the club’s new greens and leverage improved playing conditions into significant returns. The listing agent Mr. Vanek believes that “with nearly $400,000 invested during 2012-2013 to upgrade the green and tee complexes, there is immediate opportunity for new ownership to capitalize the club’s growing popularity and brand power into greater revenue per round. Along with the front 21 acres fronting homestead road newly zoned commercial – and therefore available for alternative development – there is ample opportunity over the long-term to generate significant returns.”
In addition, Mr. Vanek stated that “because of the property’s local reputation – already servicing nearly 30,000 rounds annually – and property’s dual-use opportunity, timing is ripe for potential investors to take advantage of the groundwork already laid out in front of them, and shepherd Majestic – a staple in Lehigh Acre business since 1982 – into a new era of fame and prosperity.”
To obtain more information on this offering, please contact lead agent Terence Vanek at 813-387-4809, or visit www.nationalgolfgroup.com.
About Marcus & Millichap Real Estate Services: With more than 1,000 investment professionals in offices nationwide, Marcus & Millichap Real Estate Investment Services is the largest firm specializing in commercial real estate investment services in the nation. Marcus & Millichap closed 6,149 transactions in 2012, the highest of any commercial real estate brokerage firm. Founded in 1971, the firm has perfected a powerful system for marketing properties that combines product specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology and relationships with the largest pool of qualified investors nationally. www.nationalgolfgroup.com
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