Golf Course Cap Rate

[Roger Murdock]

I'm doing a tax appeal and looking at the income approach for a golf course that leases the course and improvments to a tenant. I need some help with determining an appropriate cap rate. Can you help.

I don't know much about sports, but from what I've seen of golf on TV, I would go with a rate of approximately 1 cap per golfer.

 

[Jason Jackson]

I don't know much about sports, but from what I've seen of golf on TV, I would go with a rate of approximately 1 cap per golfer.

Is this thing on??

 

[Financially Feasible]

Hi Ken. If you give Mike Cowan a call, he can refer you to a sale which will provide you a market-extracted cap rate. He could give you some other guidance, too.

Are you refering to Mike "Fluff" Cowan... the current caddy for Jim Furyk and the former caddie of Tiger Woods?

 

[Squareitup]

I'm doing a tax appeal and looking at the income approach for a golf course that leases the course and improvments to a tenant. I need some help with determining an appropriate cap rate. Can you help.

Aim high and source the best advice. These people may have your answer or know who would have it:

Golden Bear Realty, LLC
11811 US Highway One, Suite 205
North Palm Beach, FL 33408
Office: 561.721.2626 | Fax: 561.721.3311
E-Mail: info@goldenbearhomes.com