CRE V Michigan

Links Capital Advisors sells golf course in Michigan

Northville-course

Links Capital Advisors recently completed the sale of Northville Hills Golf Club in Northville, Mich.

Links Capital Advisors recently completed the sale of Northville Hills Golf Club in Northville, Mich.

Boasting a design by the legendary Arnold Palmer, Northville Country Club is an 18-hole, 7,003-yard championship course with a slope of 132. Northville is one of the top daily fee courses in the Detroit metropolitan area. The unique layout encompasses native woodlands, natural wetlands, ponds and rolling slopes of Michigan Heather.

The 10,000-square-foot clubhouse is fully equipped with a pro shop, full service kitchen, dining room and a 200-person banquet room. Also on the property is a separate cart barn and maintenance facility.

According to Chris Charnas, president of Links Capital Advisors, "Wilson purchased a great asset in Northville Hills. The property has always had positive cash flow, and a new owner with fresh eyes will do even better."

Charnas represented the seller, Capmark Bank, in the transaction and the buyer, Wilson Golf, was not represented.