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    OFF-MARKET
    Golf courses & driving ranges

    1000 Hl Dr, Somers, NY 10589-1700

    23.14 ac lot
    Entity Owned 7-yr Hold Free & Clear
    Property ID
    US63-4372536
    Property summary
    AI-generated overview

    This exceptional investment opportunity encompasses a thriving 18-hole golf course designed by Geoffrey Cornish, spanning 6,349 yards with a par of 72. The property includes a full-service restaurant and banquet hall, perfectly situated atop West Hill in Somers, NY, and surrounded by over 2,600 condo units within the Heritage Hills community. Its convenient location offers easy access to I-684. The 15,000 square foot clubhouse and course have benefited from over $600,000 in capital improvements within the last four years. These upgrades include a new solar system and clubhouse roof, patio renovation and expansion, parking lot and cart path repairs, and significant greens improvements. The property is meticulously maintained. Included in the sale are two additional parcels, totaling 142 acres, and the property boasts town approvals for a cart barn addition suitable for a cafГ©, spa, golf simulators, or other retail ventures. Previously approved plans, now expired, exist for a swimming pool, cabanas, and tennis/pickleball courts. The total property tax for all three parcels is $52,902. The property utilizes oil heating. This is a rare chance to acquire a well-established and profitable golf course with significant expansion potential in a prime location.

    Property profile
    Verified
    Property type Golf courses & driving ranges
    Use group COUNTRY CLUB
    Lot 23.14 ac (1,007,978 SF)
    APN 555200 6.18-20-1.22
    UPID US63-4372536
    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
    • The Somers Pointe Hotel & Motel Resort
    • Heritage Hills Community Travel Agency
    • The Grille at Somers Pointe Restaurant
    • Somers National Golf Club Golf Course
    • Livingston Charge Port Charging Station Electric Vehicle Charging Station
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Heritage Hills Holdings LLC · 7 yrs held
    Heritage Hills Holdings LLC
    since 2019
    2 recorded transactions
    2019
    $1.5M
    2018
    $1.7M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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