16633 Baywood Ln, Granger, IN 46530-6953
Exceptional investment opportunity: Knollwood Country Club, a prestigious 36-hole golf course, is available for purchase. This turnkey operation boasts a large clubhouse with banquet facilities accommodating up to 250 guests, a fitness center, multiple indoor and outdoor pools, tennis and pickleball courts, and a top-rated practice facility. The property encompasses 324 acres and features five buildings, totaling 38,584 square feet across two stories. Built in 1975 with renovations in 1989 and 1990, the property is zoned R2 and includes 262 parking spaces. Currently operating at 100% occupancy (as of July 8, 2024), the club boasts over 1,050 members and generates positive cash flow. Strategically located in Granger, Indiana, just north of South Bend, this property benefits from the area's robust economic growth, proximity to the University of Notre Dame, and access to major highways. The surrounding community features high-end residential properties. The asking price is $6,500,000. This represents a unique opportunity to acquire a well-established, high-performing country club in a thriving market. The fee simple ownership provides complete control and potential for future development.
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Club Corporation USA Golf Course
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Knollwood Country Club Golf Course
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BNI Michiana Association Or Organization
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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