For Sale
$9,900,000

401 Chandler Dr West Chester, PA 19380

18-Hole Private Golf Course, PA

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents the Hershey's Mill Golf Club, an 18-hole private golf course nestled on 133 acres in West Chester, Pennsylvania. Built in 1981, this turnkey operation boasts 25,000 square feet of space across six buildings, currently operating at 100% occupancy until July 30, 2024. The property is situated within a thriving 55+ active adult community comprising 1,720 homes, offering a built-in clientele and significant upside potential. The club features a well-appointed clubhouse with two restaurants and a banquet facility accommodating up to 160 guests. The asking price is $9,900,000, translating to $396 per square foot. The sale includes a long-term land lease and a profitable landscaping and snow removal business servicing the community. Located just 24 miles from Center City Philadelphia and adjacent to the Main Line, this property benefits from excellent demographics and proximity to a major metropolitan area. The golf course itself is in excellent condition, and the food and beverage operations present a clear path for revenue growth through enhanced marketing and membership strategies. The property is zoned for common open space, and minimal deferred capital expenditures are anticipated. This presents a rare opportunity to acquire a well-established, cash-flowing business with significant growth potential in a desirable location.

Highlights

  • Exceptional investment opportunity: 18-hole private golf club.
  • Strong demographics: situated within the 1,720-home Hershey's Mill active adult community (55+).
  • Turnkey operation in a prime location near Philadelphia.
  • Proven positive cash flow with minimal deferred maintenance.
  • Includes a profitable, established lawn maintenance business.
  • Significant upside potential: expand food & beverage and banquet services.

Property Details for 401 Chandler Dr

Property type
Golf courses & driving ranges, Specialty properties
Square Feet
25,000 SF
Year Built
1981
Buildings
6
Lot Size (sq. ft)
5,793,480 SF

Location Insight

City
West Chester
County
Chester
State
Pennsylvania
Latitude
40.0036421
Longitude
-75.5584018

FAQs

What type of property is this?
Golf course & driving range - 18-Hole Private Golf Course, PA
Where is the golf course & driving range located?
The property is located at 401 Chandler Dr West Chester, PA.
What is the asking price?
The asking price for this property is $9,900,000.
What are key features of this property?
This property features: Exceptional investment opportunity: 18-hole private golf club.; Strong demographics: situated within the 1,720-home Hershey's Mill active adult community (55+).; Turnkey operation in a prime location near Philadelphia.
How can I contact the broker?
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401 Chandler Dr
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