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Property profile & analytics
OFF-MARKET
Golf courses & driving ranges

401 Chandler Dr West Chester, PA 19380

25,000 SF 133 ac lot Built 1981
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Golf courses & driving ranges
Year built 1981
Total area 25,000 SF
Lot 133 ac (5,793,480 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hershey's Mill Restaurant Services Restaurant
  • Hershey's Mill Golf Club Golf Course
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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