REAL ESTATE AUCTION

November 12, 2012 12:01 PM EST
5466 Newtonsville Hutchinson Rd.
Batavia (Clermont County), OH 45103

Ordered SOLD by Receiver’s direction
CEDAR TRACE GOLF CLUB

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November 12, 2012 12:01 PM EST
5466 Newtonsville Hutchinson Rd.
Batavia (Clermont County), OH 45103

Ordered SOLD by Receiver’s direction
CEDAR TRACE GOLF CLUB

What a Fantastic Buying Opportunity – Own your own fully operational golf course!

Upon acceptance, the winning bidder(s) will be purchasing the complete 18 hole regulation golf course with clubhouse/snack bar, maintenance building, driving range, all grounds keeping equipment, and D1/D2/D6 liquor license transfer privilege. All golf carts are leased. The 2 level clubhouse contains a snack bar, pro shop, locker room, lower level banquet room with patio, and a large deck overlooking the 18th hole.

Designed by Greg Guynan, the 18 hole regulation course was founded in 2000 and sits on 190 +/- acres with 3 ponds. The par 71 course has a 133 slope with a 72.7 rating and has 4 tee boxes ranging from 6,830 yards from the longest tees to 5,160 yards from the closet tees. Cedar Trace boasts a distinctive layout of countryside featuring Bent grass greens, tees, and fairways. The course is a breathtaking challenge over hills and valleys. Feel free to come out and play a round to experience the grandeur that’s Cedar Trace Golf Club.

The course is located 7.5 miles NE of Batavia, OH and just 2.5 miles east of Owensville, OH. There are 5 parcels of land associated with the course which lies in both Stonelick and Jackson Townships. PID #302914B001, 302914B139, 302914B148, 142306B005, & 142306B011. Current semi-annual taxes are approximately $14,163.11 Note: there are some delinquent taxes owed to the County which will be paid up to date from the closing proceeds. Purchaser is guaranteed an insurable title with no liens attaching.

Even being in a Receivership with limited course promotion, Cedar Trace broke even in 2012. Imagine what new ownership and promotion could do for this course. Don’t find out later this once in a lifetime opportunity sold for less than you would have paid.

This unique opportunity is Selling to the Highest Bidder at or above a starting bid of only $400,000
(approx. $2,000.00 per acre or only $22,223.00 per hole) by court order.


CONSOLIDATED SURVEY

Cedar Trace 2011-2012 Cash Flow

Cedar Trace Equipment Inventory

Cedar Trace Brochure

PROPERTY INFORMATION PACKET