5530 Bayshore Rd
Oregon, OH 43616

$2,200,000 USD

Golf Course Driving Range For Sale • 4,500 SF

Property Details

Property Type Golf Course Driving Range
Total Building Size 4,500 SF
Lot Size 175 AC
Building Class C
Year Built 1998
Zoning NotZoned

0 Transit Score

15 Walk Score

                
                    Highlights
                
                                T12 June 2024 Gross Revenue: $916K
                            
                                T12 June 2024 EBITDA: $298K | EBITDA Multiple: 7.38x | Cap Rate: 13.5%
                            
                                Consistent Cash Flow – Four Year Average (2021 – T-12): $223,122
                            
                                T12 Operating Margin: 32.5%
                            
                                Revenue and EBITDA Continue Upward trend Through September 2024
                            
                                Voted “Toledo’s Favorite Course” by readers of the Toledo Blade and “Top 100 Must Play Courses in Ohio” by Ohio Golf Style Magazine