Parkland Golf & Country Club Foundation Acquires Golf Course In Parkland For $15M
10101 Trails End, Parkland, FL, USA
$15,000,000
$88/SF
Building Size
169,336 SF
Asset Type
Other
Closing
Apr 28, 2020
About this deal
AI
The golf course located at 10101 Trails End Road in Parkland has been sold for $15,000,000. The property spans an area of 169,336 square feet and is valued at an average price of $88.58 per square foot. The seller of the golf course is Toll Brothers, represented by Douglas C. Yearley Jr, while the buyer is the Parkland Golf & Country Club Foundation, represented by David Gott.
Summary of transaction details
- Property Type: Golf course
- Transaction Amount: $15,000,000
- Address: 10101 Trails End Road, Parkland
- Market: Parkland
- Square Footage: 169,336
- Price per Square Foot: $88.58
Douglas C. Yearley Jr, representing Toll Brothers, sold the golf course to the Parkland Golf & Country Club Foundation, represented by David Gott. This transaction marks the successful transfer of ownership for the property.
Players
Pompano Beach Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
Deal FAQ
Browse Pompano Beach other sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93