Secure a unique opportunity with Avondale Golf Course, a profitable, championship caliber course boasting an impressive CAP rate could see you earning back your investment in under 8 years. Nestled on 170 acres, this premier golf destination has hosted national events like the PEI Open in 2022 and 2023. As a bonus, this turn-key investment includes an additional 380 acres, amazing potential for single family homes, cottages, condominiums, and commercial ventures, this property offers endless possibilities. Located just 15 minutes from Stratford, Avondale is ideally positioned to attract high-end buyers and investors, offering a serene lifestyle surrounded by breathtaking surroundings: Avondale Golf Course means not only securing a thriving business but also gaining access to vast development potential in one of PEI's most desirable areas. Don?t miss your chance to capitalize on this rare opportunity. (id:13843)
MLS# | 202421239 |
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Listing Type | For Sale |
Status | Active |
Year | 2002 |
Days On Site | 139 |
Listing Provided By | EXIT REALTY PEI | James Beaton |
SQ Feet | 3,000 |
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Story(s) | 3 |
Zoning | Rural |
Acreage | 550.00 |
State | PE |
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City | Vernon River |
Zip Code | C0A2E0 |
Listing VS Median (in C0A2E0) | |
Price: $4,900,000 low | high Med: $624,500 SqFt: 3,000 low | high Med: 5,355 $ / SqFt: $1,633 low | high Med: $117 On Site: 139 low | high Med: 216.000000 |