Rainbow Golf Course-2 copy

Exclusively Listed By:

Eddy A. DingmanReal Estate/Business Broker

+ 847 987 6626 Direct+ 781 810 9653 Fax

[email protected]

www.nationalgolfandmarina.com

Confidential Offering MemorandumPlease Do Not Disturb Employees

RAINBOW GOLF COURSE & LODGE WITH AIR STRIP DEVELOPMENT OPPORTUNITY GREENVILLE, NY

ASSET SALE

JUST REDUCED!

RAINBOW GOLF COURSE & LODGE | Confidential offering MeMoranduM

NATIONAL GOLF & MARINA PROPERTIES GROUP | www.nationalgolfandmarina.comof Coldwell Banker Commercial NRT

PLEASE DO NOT DISTURB EMPLOYEES

(DEVELOPMENT OPPORTUNITY)

JUST REDUCED!

This offering has been prepared solely for informational purposes. It is designed to assist a potential investor in determining whether it wishes to proceed with an in-depth investigation of the subject property. While the information contained herein is from sources deemed reliable, LW�KDV�QRW�EHHQ�LQGHSHQGHQWO\�YHUL¿HG�E\�1DWLRQDO�*ROI�DQG�0DULQD�3URSHUWHLV�*URXS�RI�&ROG-ZHOO�%DQNHU�&RPPHUFLDO�157�RU�E\�WKH�6HOOHU��

This document is provided subject to errors, omissions and changes in the information and is VXEMHFW�WR�PRGL¿FDWLRQ�RU�ZLWKGUDZDO��7KH�FRQWHQWV�KHUHLQ�DUH�FRQ¿GHQWLDO�DQG�DUH�QRW�WR�EH�UHSURGXFHG�ZLWKRXW�WKH�H[SUHVV�ZULWWHQ�FRQVHQW�RI�1DWLRQDO�*ROI�DQG�0DULQD�3URSHUWHLV�*URXS�RI�&ROGZHOO�%DQNHU�&RPPHUFLDO�157��

Disclaimer Statement

RAINBOW GOLF COURSE & LODGE | Confidential offering MeMoranduM




JUST REDUCED!

Table of Contents

EXECUTIVE SUMMARYTHE OFFERING ..................................................................1

PROPERTY OVERVIEWPROPERTY DETAILS .........................................................2 PHOTOGRAPHS .................................................................4

LOCATION OVERVIEWGREENVILLE, NEW YORK .................................................8 LOCATION MAPS ...............................................................9 LOCATION AERIALS ......................................................... 10

CONCLUSIONCONFIDENTIALITY AGREEMENT .................................... 11 CONTACT INFORMATION ................................................ 13

•1•

PLEASE DO NOT DISTURB EMPLOYEESRAINBOW GOLF COURSE & LODGE | Confidential offering MeMoranduM




JUST REDUCED!

5DLQERZ�*ROI�&RXUVH��/RGJH�LV�DQ��+ROH��86*$�UDWHG�JROI�IDFLOLW\�QHVWOHG�LQ�WKH�

IRRWKLOOV�RI�WKH�1RUWKHUQ�&DWVNLOO�0RXQWDLQV��-XVW�D�VKRUW�GULYH�IURP�WKH�$OEDQ\�&DSLWDO�

'LVWULFW�DQG�WKH�.LQJVWRQ�6DXJHUWLHV�DUHD�DV�ZHOO�DV��±

KRXUV� GULYH� IURP� WKH�1HZ�<RUN�&LW\�0HWURSROLWDQ� DUHD��

Despite the challenging layout and one of the area’s only

island greens, the course is still one of the capital dis-

trict’s best kept secrets.

The property is being offered by 1DWLRQDO�*ROI��0DULQD�

3URSHUWLHV�*URXS�for the purchase price of $1,900,000.

$1,500,000.

RAINBOW GOLF COURSE & LodgeGreenville, New York

•2•





JUST REDUCED!

Land Size: 150+ acres Yards from Championship Tees: 6,287

Building(s): ��6)�FOXEKRXVH Par: 71

Course Holes: ��86*$�UDWHG Slope: 126

Private/Public: 6HPL�SULYDWH Rating: 70.8

Range & Putting Green: <HV Sets of Tees: Four (4)

Golf Carts: ��2ZQHG��*DV� Dining: ��%DU��*ULOO�

Cart Storage: Lodging: 6L[��VXLWHV

Irrigation: $XWRPDWLF Suite Types: One bedroom

Miscellaneous: 2QH�/DNH/LFHQVHG�DLU�VWULS�DGMDFHQW�WR�FRXUVH�Z��JUDVV�ODQGLQJ�VWULS

Property Overview

•3•





JUST REDUCED!

Golf Course - With a total of 150 acres, the golf FRXUVH�¿UVW�RSHQHG��KROHV��LQ��DQG�KDV�EHHQ��KROHV�VLQFH��,W�LV�D�86*$�UDWHG�FRXUVH�

With 5 sets of tees, the course is a pleasure for golf-ers of any skill level to play. Rainbow will challenge you while providing a relaxing, picturesque backdrop. Test your accuracy with our fairways, water hazards and the area’s only island green; the course has ev-erything you need to challenge you and improve your game.

Clubhouse - &OXEKRXVH�WKDW�LQFOXGHV�D�UHVWDXUDQW�NLWFKHQ�RQ�WKH�¿UVW�ÀRRU�ZLWK�GLQLQJ�FDSDFLW\�IRU��a fully stocked bar, a large outdoor deck and grill that is open daily.

There is also room for a nice apartment upstairs.

Pro Shop - Included within the clubhouse is a pro shop that offers rental golf carts and guest registra-tion.

Manor House - 7KH�0DQRU�KRXVH�KDV�VL[�RQH�EHG-room vacation suites available with “stay and play” options.(DFK�VXLWH� LV�DERXW��VT�� IW��3ULYDWH�RZQHUV� UHVL-GHQFH�LV�WKH�GRZQVWDLUV�SRUWLRQ�RI�WKH�0DQRU�+RXVH��The upstairs is an additional one room with a bath. The other side of the upstairs is un-renovated and used for storage. g equipment, etc.

Airport/Airstrip - There is a fully licensed and in-sured grass landing air strip for small planes and he-OLFRSWHUV��7KLV�OHQGV�ZHOO�WR�WKRVH�ZKR�ZLVK�WR�À\�LQ�for breakfast and a round of golf.

The subject property is an 18-hole USGA rated semi-private golf course with a grass landing strip for small planes. Property also includes a manor house with lodging, clubhouse,

restaurant with fully-stocked bar, etc

•4•





JUST REDUCED!

•5•





JUST REDUCED!

•6•





JUST REDUCED!

•7•





JUST REDUCED!

•8•





JUST REDUCED!

/RFDWHG�LQ�*UHHQH�&RXQW\�LQ�WKH�+XGVRQ�5LYHU�9DOOH\��WKH�7RZQ�RI�*UHHQYLOOH¶�LV�DSSUR[LPDWHO\��VTXDUH�PLOHV�DQG�KDV�DFFHVV�WR�ERWK�JURZLQJ�EXVLQHVV�RSSRUWXQLW\�LQ�1HZ�<RUN¶V�7HFK�9DOOH\�FRUULGRU��DQG�VRPH�RI�WKH�EHVW�UXUDO�UHFUHDWLRQDO�GHVWLQDWLRQV�LQ�WKH�DUHD��*UHHQYLOOH�RIIHUV�JRU-JHRXV�YLHZV�RI�WKH�&DWVNLOO�0RXQWDLQV�WR�WKH�VRXWK��D�UXUDO�HQYLURQPHQW�IRU�UHVLGHQWV�DQG�EXVL-nesses, good schools with wonderful parks and friendly neighbors. There is plenty of recreation year round in our area with close proximity to ski resorts and bragging rights to three golf cours-es, including Rainbow Golf Course and Lodge.

The many advantages of a Greenville include:

• 6RXWK�RI�$OEDQ\�IRU�DQ�HDV\��ORZ�WUDI¿F�FRPPXWH�WR�WKH�&DSLWDO�5HJLRQ�:LWKLQ�DQ�KRXU¶V�GULYH�RI�ERWK�2¶+DUH�DQG�0LGZD\�$LUSRUWV

• *UHHQYLOOH�VFKRRO�GLVWULFW�FRQVLVWHQWO\�UDQNV�DPRQJ�WKH�EHVW�LQ�*UHHQH�&RXQW\�DQG�VXUURXQGLQJ�DUHDV�

• 9DQGHUELOW�3DUN�LQ�*UHHQYLOOH�RIIHUV�ZDONLQJ�WUDLOV�DQG�VSRUWV�¿HOGV�

Location Overview

•9•





JUST REDUCED!

LOCATION MAPS

•10•





JUST REDUCED!

Location Aerials

•11•





JUST REDUCED!

Confidentiality Agreement

7KLV�&RQ¿GHQWLDOLW\�$JUHHPHQW��³$JUHHPHQW´��LV�PDGH�DV�RI�WKH�BBBBBBB�GD\�RI�BBBBBBBBBBBBBBBBBBBBBBBB��E\�1$7,21$/�*2/)��0$5,1$�3523(57,(6�*5283�RI�&ROGZHOO�%DQNHU�&RPPHUFLDO�157�DQG�BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB��³5HFLSLHQW´�� :+(5($6��2ZQHU�LV�WKH�RZQHU�RI�WKH�3URSHUW\�NQRZQ�DV�Rainbow Golf Course, Greenville, New York �WKH�³3URSHUW\´��DQG�5HFLSLHQW�LV�D�SDUW\�LQWHUHVWHG�LQ�SXUFKDVLQJ�WKH�3URSHUW\�IURP�2ZQHU��³2ZQHU´��RU�5HFLSLHQW�LV�DQ�DGYLVRU�UHSUHVHQWLQJ�D�SDUW\�WKDW�KDV�H[SUHVVHG�LQWHUHVW�LQ�SXUFKDVLQJ�WKH�3URSHUW\�IURP�2ZQHU��DQ�³,QWHU-HVWHG�3DUW\´�� :+(5($6��LQ�RUGHU�WR�HYDOXDWH�WKH�SRVVLEOH�VDOH�RI�WKH�3URSHUW\��5HFLSLHQW�KDV�UHTXHVWHG�DFFHVV�WR�FHU-WDLQ�FRQ¿GHQWLDO�DQG�SURSULHWDU\�LQIRUPDWLRQ�WKH�XQDXWKRUL]HG�UHOHDVH�RI�ZKLFK�FRXOG�FDXVH�VHULRXV�KDUP�WR�2ZQHU��and �� :+(5($6��2ZQHU�LV�ZLOOLQJ�WR�SURYLGH�VXFK�LQIRUPDWLRQ�LI�LW�KDV�DGHTXDWH�DVVXUDQFHV�WKDW�WKH�LQIRUPDWLRQ�ZLOO�EH�NHSW�FRQ¿GHQWLDO�� 12:��7+(5()25(��IRU�JRRG�DQG�YDOXDEOH�FRQVLGHUDWLRQ��WKH�UHFHLSW�DQG�VXI¿FLHQF\�RI�ZKLFK�DUH�KHUHE\�acknowledged, Recipient agrees as follows: �� 5HFLSLHQW�DFNQRZOHGJHV�WKDW�DOO�GRFXPHQWV��DQDO\VHV��UHFRUGV��VWDWHPHQWV��HWF��WKH�³&RQ¿GHQWLDO�,QIRUPDWLRQ´��SURYLGHG�E\�2ZQHU�RU�LWV�EURNHU��1DWLRQDO�*ROI��0DULQD�3URSHUWLHV�*URXS�RI�&ROGZHOO�%DQNHU�&RP-PHUFLDO�157��³2ZQHU¶V�%URNHU´��DUH�FRQ¿GHQWLDO�DQG�SURSULHWDU\�WR�2ZQHU��7KH�WHUP�&RQ¿GHQWLDO�,QIRUPDWLRQ�GRHV�not include information that (i) is already in Recipient’s possession (other than information previously furnished to Recipient by Owner or its agents), provided that such information is not known by Recipient to be subject to anoth-HU�DJUHHPHQW�RU�REOLJDWLRQ�RI�FRQ¿GHQWLDOLW\��RU��LL��EHFRPHV�JHQHUDOO\�DYDLODEOH�WR�WKH�SXEOLF�RWKHU�WKDQ�DV�D�UHVXOW�RI�D�GLVFORVXUH�E\�5HFLSLHQW�RU�WKRVH�WR�ZKRP�5HFLSLHQW�KDV�SURYLGHG�&RQ¿GHQWLDO�,QIRUPDWLRQ��&RQ¿GHQWLDO�,QIRU-mation shall not be deemed to be generally available to the public or in the public domain merely because any part RI�DQ\�&RQ¿GHQWLDO�,QIRUPDWLRQ�LV�HPERGLHG�LQ�JHQHUDO�GLVFORVXUHV�RU�EHFDXVH�LQGLYLGXDO�IHDWXUHV��FRPSRQHQWV��or combinations thereof are now known or become known to the public), or (iii) becomes available to Recipient on D�QRQ�FRQ¿GHQWLDO�EDVLV�IURP�D�VRXUFH�RWKHU�WKDQ�2ZQHU�RU�LWV�DJHQWV�RU�DGYLVRUV��SURYLGHG�WKDW�VXFK�VRXUFH�LV�QRW�NQRZQ�E\�5HFLSLHQW�WR�EH�ERXQG�E\�DQ�DJUHHPHQW�RU�RWKHU�REOLJDWLRQ�RI�FRQ¿GHQWLDOLW\��5HFLSLHQW�VKDOO�NHHS�DOO�VXFK�LQIRUPDWLRQ�FRQ¿GHQWLDO�DQG�VKDOO�QRW��H[FHSW�DV�PD\�EH�UHTXLUHG�E\�ODZ��UHJXODWLRQ�RU�OHJDO�SURFHVV�ELQGLQJ�XSRQ�5HFLSLHQW��GLVFORVH��VXPPDUL]H�RU�RWKHUZLVH�SURYLGH�DQ\�RU�DOO�RI�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�LQ�DQ\�PDQQHU�ZLWKRXW�WKH�SULRU�ZULWWHQ�DXWKRUL]DWLRQ�RI�2ZQHU��H[FHSW�DV�RWKHUZLVH�VHW�IRUWK�LQ�WKLV�$JUHHPHQW��5HFLSLHQW�PD\�GLV-FORVH�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�WR�WKH�,QWHUHVWHG�3DUW\��SURYLGHG�VXFK�,QWHUHVWHG�3DUW\�KDV�SUHYLRXVO\�H[HFXWHG�DQG�GHOLYHUHG�WR�2ZQHU�D�FRQ¿GHQWLDOLW\�DJUHHPHQW�LQ�WKH�IRUP�RI�WKLV�$JUHHPHQW��5HFLSLHQW�VKDOO�QRW�SKRWRFRS\�RU�UHSURGXFH�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�LQ�DQ\�PDQQHU�� 5HFLSLHQW�PD\�XVH�DQ\�RU�DOO�RI�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�RQO\�IRU�WKH�SXUSRVH�RI�LWV�DQDO\VLV�RI�WKH�SRV-VLEOH�SXUFKDVH�RI�WKH�3URSHUW\��,I�5HFLSLHQW�LV�DQ�,QWHUHVWHG�3DUW\��LW�PD\�VXPPDUL]H�DQ\�RU�DOO�RI�WKH�&RQ¿GHQWLDO�,Q-IRUPDWLRQ�RQO\�LQ�WKDW�FRQQHFWLRQ��5HFLSLHQW�VKDOO�QRW�XVH�DQ\�RI�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�IRU�DQ\�RWKHU�SXUSRVH�� 3. On a “need-to-know” basis only and solely for the purposes of assisting Recipient in evaluating the pur-FKDVH�RI�WKH�3URSHUW\��5HFLSLHQW�PD\�GLVFORVH��VXPPDUL]H�RU�RWKHUZLVH�SURYLGH�DQ\�SRUWLRQ�RI�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ��WR�5HFLSLHQW¶V�SDUWQHUV�DQG�HPSOR\HHV��DQG��LI�5HFLSLHQW�LV�DQ�,QWHUHVWHG�3DUW\��DOVR�WR�LWV�DF-countants, potential lenders, lawyers, agents and other advisors. In either event, Recipient shall give a copy of this $JUHHPHQW�WR�DOO�SHUVRQV�WR�ZKRP�LW�JLYHV�DFFHVV�WR�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�DQG�VKDOO�LQIRUP�DOO�VXFK�SHUVRQV�WKDW�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�LV�FRQ¿GHQWLDO�DQG�SURSULHWDU\�WR�2ZQHU��DQG�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�PXVW�EH�PDLQWDLQHG�DV�FRQ¿GHQWLDO��DQG�WKDW�QRQH�RI�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�PD\�EH�GLVFORVHG�ZLWKRXW�SULRU�ZULWWHQ�authorization by Owner.

4. If the Property is not sold to Recipient’s Interested Party, Recipient shall

•12•





JUST REDUCED!

CONFIDENTIALITY AGREEMENT

�� ,I�WKH�3URSHUW\�LV�QRW�VROG�WR�5HFLSLHQW¶V�,QWHUHVWHG�3DUW\��5HFLSLHQW�VKDOO�SURPSWO\�UHWXUQ�WR�2ZQHU�DOO�&RQ¿GHQWLDO�,QIRUPDWLRQ�LW�UHFHLYHG�DW�2ZQHU¶V�RU�2ZQHU¶V�%URNHU¶V�UHTXHVW��,I�5HFLSLHQW�LV�DQ�,QWHUHVWHG�3DUW\�DQG�5HFLSLHQW�GHWHUPLQHV�WKDW�LW�LV�QRW�LQWHUHVWHG�LQ�SXUFKDVLQJ�WKH�3URSHUW\��5HFLSLHQW�VKDOO�SURPSWO\�UHWXUQ�WR�2ZQHU�DOO�&RQ¿GHQWLDO�,QIRUPDWLRQ�LW�UHFHLYHG�DW�2ZQHU¶V�RU�2ZQHU¶V�%URNHU¶V�UHTXHVW�� 5. Owner and Owner’s Broker make no representation or warranty about the accuracy or complete-QHVV�RI�DQ\�&RQ¿GHQWLDO�,QIRUPDWLRQ��5HFLSLHQW�UHOHDVHV�DQG�KROGV�2ZQHU�DQG�2ZQHU¶V�%URNHU�KDUPOHVV�IURP�DQG�DJDLQVW�DQ\�ORVV�RU�GDPDJH�5HFLSLHQW�PD\�VXVWDLQ�GXH�WR�LWV�UHOLDQFH�RQ�DQ\�RI�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ��,I�5HFLSLHQW�LV�DQ�,QWHUHVWHG�3DUW\��WKH�SURYLVLRQV�RI�WKLV�$JUHHPHQW�VKDOO�QRW�EH�DPHQGHG��PHUJHG�LQWR�RU�RWKHUZLVH�PRGL¿HG�E\�DQ\�VXEVHTXHQW�DJUHHPHQW�HQWHUHG�LQWR�EHWZHHQ�5HFLSLHQW�DQG�2ZQHU�RU�DQ\�LQVWUXPHQW�H[HFXWHG�E\�2ZQHU�IRU�5HFLSLHQW¶V�EHQH¿W�XQOHVV�VXFK�DJUHHPHQW�RU�LQVWUXPHQW�H[SUHVVO\�VWDWHV�VR�� ,I�DQ\�SDUW\�EHOLHYHV�WKDW�WKH�XQDXWKRUL]HG�GLVFORVXUH�RI�DQ\�RU�DOO�RI�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�LV�OLNHO\�to occur, Recipient shall take all reasonable measures, and shall support any reasonable measures by Owner, to SUHYHQW�VXFK�GLVFORVXUH��,I�DQ�XQDXWKRUL]HG�GLVFORVXUH�RI�DQ\�RU�DOO�RI�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�KDV�RFFXUUHG��Recipient shall not interfere with any effort by Owner to pursue legal and equitable remedies available in result of the unauthorized disclosure. ��,W�LV�XQGHUVWRRG�DQG�DFNQRZOHGJHG�WKDW�XQDXWKRUL]HG�UHOHDVH�RI�DQ\�RU�DOO�RI�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�ZRXOG�cause immediate and irreparable harm to Owner that could not be repaired and for which Owner could not be fully compensated by money damages. Recipient agrees that Owner may obtain injunctive relief to prevent or limit such unauthorized disclosure, and may also pursue any other remedies available under law or equity in result of DQ�DOOHJHG�RU�UHDVRQDEO\�DQWLFLSDWHG�EUHDFK�RI�WKLV�$JUHHPHQW��5HFLSLHQW�DJUHHV�WR�SD\�DQ\�GDPDJHV�LQFXUUHG�E\�2ZQHU�DV�D�UHVXOW�RI�5HFLSLHQW¶V�EUHDFK�RI�WKLV�$JUHHPHQW��LQFOXGLQJ�EXW�QRW�OLPLWHG�WR�FRXUW�FRVWV�DQG�UHDVRQDEOH�attorneys’ fees. �� 7KLV�$JUHHPHQW�VKDOO�EH�JRYHUQHG�E\�DQG�FRQVWUXHG�LQ�DFFRUGDQFH�ZLWK�WKH�ODZV�RI�WKH�6WDWH�RI�*HRUJLD��ZLWKRXW�UHJDUG�WR�SULQFLSOHV�RI�FKRLFH�RI�ODZ�RU�FRQÀLFWV�RI�ODZ��7KLV�$JUHHPHQW�VKDOO�EH�ELQGLQJ�XSRQ�5HFLSLHQW¶V�VXFFHVVRUV�DQG�DVVLJQV��DQG�VKDOO�LQXUH�WR�WKH�EHQH¿W�RI�2ZQHU¶V�VXFFHVVRUV�DQG�DVVLJQV��7KLV�$JUHHPHQW�VKDOO�WHUPLQDWH�DV�RI�WKH�GDWH�WKDW�LV�RQH�\HDU�IURP�WKH�GDWH�5HFLSLHQW�UHWXUQV�WKH�&RQ¿GHQWLDO�,QIRUPDWLRQ�WR�2ZQHU�DV�UHTXLUHG�LQ�6HFWLRQ��RI�WKLV�$JUHHPHQW��

RECIPIENT:

Company: ________________________________ Title: ______________________________

Signature: ________________________________ E-mail: ______________________________

Print Name: ________________________________ Phone: _____________________________

Return immediately to [email protected] or [email protected]

•13•





JUST REDUCED!

Contact InformationOur contact details are found below:

Exclusive Agent:

Eddy A. Dingman0DULQD�%XVLQHVV�%URNHU+ 847 987 6626 Direct+ 781 810 9653 [email protected]

Valerie R. Rivera0DULQD�%URNHU�$VVRFLDWH+ 847 313 4620 Direct+ 781 609 4679 [email protected]

www.nat ionalgol fandmarina.com

1DWLRQDO�*ROI��0DULQD�3URSHUWLHV�*URXS�RI�&ROGZHOO�%DQNHU�&RPPHUFLDO�157

��6DQGHUV�5RDG��6XLWH��_�1RUWKEURRN��,OOLQRLV��

Rainbow Golf Course-2 copy

Documents

Transcript of Rainbow Golf Course-2 copy