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Steve_ Shaffer

  • Karma: +0/-0
Re: Top Bid for Pennsylvania Golf Course $1.1 Million
« Reply #2 on: June 25, 2024, 09:51:10 AM »

Here's the link of the course:
https://www.ccppagolf.com/aboutus/
"Some of us worship in churches, some in synagogues, some on golf courses ... "  Adlai Stevenson
Hyman Roth to Michael Corleone: "We're bigger than US Steel."
Ben Hogan “The most important shot in golf is the next one”

Joe Bausch

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« Last Edit: June 25, 2024, 01:27:26 PM by Joe Bausch »
@jwbausch (for new photo albums)
The site for the Cobb's Creek project:  https://cobbscreek.org/
Nearly all Delaware Valley golf courses in photo albums: Bausch Collection

Joe Bausch

  • Karma: +0/-0
Re: Top Bid for Pennsylvania Golf Course $1.1 Million
« Reply #4 on: June 25, 2024, 01:32:14 PM »
The hole-sequencing at the CC of the Poconos is not compact:


@jwbausch (for new photo albums)
The site for the Cobb's Creek project:  https://cobbscreek.org/
Nearly all Delaware Valley golf courses in photo albums: Bausch Collection

Peter Bowman

  • Karma: +0/-0
Re: Top Bid for Pennsylvania Golf Course $1.1 Million
« Reply #5 on: June 25, 2024, 04:39:44 PM »
This goes to show that many/most golf courses don't hold their value compared to their construction costs, leading to depreciation. 
Is most of a course's value is in the cash flow and real estate (as raw land), and not the goodwill?
Hooper sold for a number that I though was very low, compared to the cost of developing the course all over again.

Steve_ Shaffer

  • Karma: +0/-0
Re: Top Bid for Pennsylvania Golf Course $1.1 Million
« Reply #6 on: June 25, 2024, 05:34:59 PM »
The other golf courses/clubs in The Poconos:
!. The CC of Woodloch Springs
2. Mount Airy , a Hal Purdy design
3. Pocono Hills GC
4. The Shawnee Inn&  Resort, A.W. Tillinghast's first design in 1911. There was some talk about Tom Doak doing a  Reno about 15 years ago but it fell through.

5. Skytop Lodge GC
6. Split Rock GC
7. Jack Frost GC

https://www.poconomountains.com/blog/post/guide-to-pocono-golf-courses/
Shawnee is top notch. Jack Frost is a sleeper.
« Last Edit: June 25, 2024, 05:37:11 PM by Steve_ Shaffer »
"Some of us worship in churches, some in synagogues, some on golf courses ... "  Adlai Stevenson
Hyman Roth to Michael Corleone: "We're bigger than US Steel."
Ben Hogan “The most important shot in golf is the next one”

MCirba

  • Karma: +0/-0
Re: Top Bid for Pennsylvania Golf Course $1.1 Million
« Reply #7 on: June 26, 2024, 06:36:48 AM »
Love the safari routing from 16 to 17.   Hope there's a gas station on that route.  ;)
"Persistence and determination alone are omnipotent" - Calvin Coolidge

https://cobbscreek.org/

Adrian_Stiff

  • Karma: +0/-0
Re: Top Bid for Pennsylvania Golf Course $1.1 Million
« Reply #8 on: June 26, 2024, 06:43:21 AM »
The routing was either done by a clown or was very difficult. Some huge hikes there.


Incredibly cheap price assuming its freehold.
A combination of whats good for golf and good for turf.
The Players Club, Cumberwell Park, The Kendleshire, Oake Manor, Dainton Park, Forest Hills, Erlestoke, St Cleres.
www.theplayersgolfclub.com

Nate Oxman

  • Karma: +0/-0
Re: Top Bid for Pennsylvania Golf Course $1.1 Million
« Reply #9 on: June 28, 2024, 02:35:31 PM »
The other golf courses/clubs in The Poconos:
!. The CC of Woodloch Springs
2. Mount Airy , a Hal Purdy design
3. Pocono Hills GC
4. The Shawnee Inn&  Resort, A.W. Tillinghast's first design in 1911. There was some talk about Tom Doak doing a  Reno about 15 years ago but it fell through.

5. Skytop Lodge GC
6. Split Rock GC
7. Jack Frost GC

https://www.poconomountains.com/blog/post/guide-to-pocono-golf-courses/
Shawnee is top notch. Jack Frost is a sleeper.


There are also Pocono Manor GC (Ross & Flynn), which is the best golf course in the Poconos, and Buck Hill Falls GC (Ross, White, and others I think), which is probably the second best. They're both better than Shawnee.

Steve_ Shaffer

  • Karma: +0/-0
Re: Top Bid for Pennsylvania Golf Course $1.1 Million
« Reply #10 on: June 28, 2024, 02:53:08 PM »
@ Nate:
I forgot about Pocono Manor. I miss going there as I'm in Arizona.

https://www.golfpoconomanor.com/history

I liked Shawnee and the 3 holes on an island in the Delaware River.
« Last Edit: June 28, 2024, 05:35:42 PM by Steve_ Shaffer »
"Some of us worship in churches, some in synagogues, some on golf courses ... "  Adlai Stevenson
Hyman Roth to Michael Corleone: "We're bigger than US Steel."
Ben Hogan “The most important shot in golf is the next one”

Carl Johnson

  • Karma: +0/-0
Re: Top Bid for Pennsylvania Golf Course $1.1 Million
« Reply #11 on: June 28, 2024, 04:20:17 PM »
About 18 months ago the Mount Mitchell Golf Club, western N.C., daily fee, sold for $1.1 million as I recall.

Joe Bausch

  • Karma: +0/-0
Re: Top Bid for Pennsylvania Golf Course $1.1 Million
« Reply #12 on: June 28, 2024, 06:01:34 PM »
The other golf courses/clubs in The Poconos:
!. The CC of Woodloch Springs
2. Mount Airy , a Hal Purdy design
3. Pocono Hills GC
4. The Shawnee Inn&  Resort, A.W. Tillinghast's first design in 1911. There was some talk about Tom Doak doing a  Reno about 15 years ago but it fell through.

5. Skytop Lodge GC
6. Split Rock GC
7. Jack Frost GC

https://www.poconomountains.com/blog/post/guide-to-pocono-golf-courses/
Shawnee is top notch. Jack Frost is a sleeper.


There are also Pocono Manor GC (Ross & Flynn), which is the best golf course in the Poconos, and Buck Hill Falls GC (Ross, White, and others I think), which is probably the second best. They're both better than Shawnee.


I’ll co-sign this post.
@jwbausch (for new photo albums)
The site for the Cobb's Creek project:  https://cobbscreek.org/
Nearly all Delaware Valley golf courses in photo albums: Bausch Collection

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