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16571 W River Rd
Bowling Green, OH 43402

$3,285,000 USD

Golf Course Driving Range For Sale  •  3,000 SF

Property Details

• Property Type Golf Course Driving Range
• Total Building Size 3,000 SF
• Lot Size 182 AC
• Building Class C
• Year Built 1920

0 Transit Score

6 Walk Score

Highlights

T12 November 2024 Gross Revenue: $1.2M

T12 November 2024 EBITDA: $520K | EBITDA Multiple: 6.3x | Cap Rate: 15.8%

Consistent Cash Flow – Four Year Average (2021 – T-12): $414,043

Impressive Demographics: 10-Min. Drive Avg. HH Income: $137,784

T12 Operating Margin: 43.2%

Revenue and EBITDA Continued Upward trend Through September 2024

Property Flyers

ES - Riverby Hills-RW-FINAL DEC 2024

Public Transportation

Airport	Drive	Walk	Distance
Eugene F Kranz Toledo Express	28 min	-	12.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	132
Type:	Surface
Included in Rent:	Yes