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152 +/- Acre Golf Course & 64+/- Acre Farm Tract 4300 Algire Road, Lexington, Ohio 44904 (Take St. Rt. 546 south of Lexington to west on Kings Corners Rd. to south on Algire Road) Situated just outside of Lexington, Ohio — Pebble Creek Golf Club was designed by Dick Laconte and William Mitchell, and opened in 1972. e 18-hole, par 72, golf course plays over 6,600 yards and extends over 152 acres. e course boasts rolling hills with hundreds of mature trees, bentgrass greens, tees, and fairways, over 30 sand traps, and a full driving range. With two lakes and water on 10 of the 18 holes, Pebble Creek is a challenge to any level of golfer. It’s a premier golf course that has hosted numerous state championships and was voted “Best Public Golf Course in North Central Ohio”. {In conjunction with the course, a contiguous 64+/-acre farm tract is also being auctioned.} Pebble Creek is being auctioned as a “turn key” operation and will include land, buildings, and all personal property (including the beer and liquor licenses). For more information including an itemized equipment list, please see our website or contact our office. Golf Course ~ Farm Tract ~ Clubhouse ~ Building ~ Pavilion ~ Cart Barn ~ Bank Barn For More Information: Auction Conducted By: Bill Stepp Broker/Auctioneer Nate Neal, MAI Commercial Agent (419)281-2122 www.dilgardauction.com Call (419)571-2276 or Visit www.haringrealty.com Pebble Creek Golf Club Auction Saturday, NOVEMBER 19, 2016 @ 10:00 AM 4300 Algire Road, Lexington, Ohio 44904 152+/- Acre Golf Course & 64+/- Acre Farm Tract 1180 Lexington Avenue, Mansield, Ohio 44907 (419)756-8383 www.haringrealty.com 135 Union Street, Ashland, Ohio 44805 (419)281-2122 www.dilgardauction.com OPEN HOUSE PREVIEW: SATURDAY, NOVEMBER 5, 2016 11:00 AM-1:00 PM Pebble Creek Golf Club Auction Saturday, NOVEMBER 19, 2016 @ 10:00 AM OPEN HOUSE PREVIEW: SATURDAY, NOVEMBER 5, 2016 11:00 AM-1:00 PM

Pebble Creek Golf Club Auctionbloximages.newyork1.vip.townnews.com/richlandsource.com/conten… · PROCESS:The real estate will be offered in 2 tracts (Golf Course & Farm Tract) and

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Page 1: Pebble Creek Golf Club Auctionbloximages.newyork1.vip.townnews.com/richlandsource.com/conten… · PROCESS:The real estate will be offered in 2 tracts (Golf Course & Farm Tract) and

152 +/- Acre Golf Course & 64+/- Acre Farm Tract4300 Algire Road, Lexington, Ohio 44904

(Take St. Rt. 546 south of Lexington to west on Kings Corners Rd. to south on Algire Road)

Situated just outside of Lexington, Ohio —Pebble Creek Golf Club was designed byDick Laconte and William Mitchell, andopened in 1972. e 18-hole, par 72, golfcourse plays over 6,600 yards and extendsover 152 acres. e course boasts rollinghills with hundreds of mature trees,bentgrass greens, tees, and fairways, over 30sand traps, and a full driving range. Withtwo lakes and water on 10 of the 18 holes,Pebble Creek is a challenge to any level ofgolfer. It’s a premier golf course that hashosted numerous state championships andwas voted “Best Public Golf Course inNorth Central Ohio”. {In conjunctionwith the course, a contiguous 64+/-acre

farm tract is also being auctioned.} Pebble Creek is being auctioned as a “turn key” operation and will includeland, buildings, and all personal property (including the beer and liquor licenses). For more informationincluding an itemized equipment list, please see our website or contact our office.

Golf Course ~ Farm Tract ~ Clubhouse ~ Building ~ Pavilion ~ Cart Barn ~ Bank Barn

For More Information:Auction Conducted By:

Bill SteppBroker/Auctioneer

Nate Neal, MAICommercial Agent

(419)281-2122www.dilgardauction.com

Call (419)571-2276 or Visitwww.haringrealty.com

Pebble Creek Golf Club AuctionSaturday, NOVEMBER 19, 2016 @ 10:00 AM

4 3 0 0 A l g i r e R o a d , L e x i n g t o n , O h i o 4 4 9 0 4

152+/- Acre Golf Course & 64+/- Acre Farm Tract

1180 Lexington Avenue, Mansield, Ohio 44907(419)756-8383

www.haringrealty.com

135 Union Street, Ashland, Ohio 44805(419)281-2122

www.dilgardauction.com

OPEN HOUSE PREVIEW: SATURDAY, NOVEMBER 5, 2016 11:00 AM-1:00 PM

Pebble Creek Golf Club AuctionSaturday, NOVEMBER 19, 2016 @ 10:00 AM

OPEN HOUSE PREVIEW: SATURDAY, NOVEMBER 5, 2016 11:00 AM-1:00 PM

Page 2: Pebble Creek Golf Club Auctionbloximages.newyork1.vip.townnews.com/richlandsource.com/conten… · PROCESS:The real estate will be offered in 2 tracts (Golf Course & Farm Tract) and

Clubhousee 8,100-square-foot, three-level clubhouse

features snackbar, proshop, and men’s & women’slocker rooms. (NOTE: the beer and liquor

licenses will transfer at the auction.)

Building/Pole Barn & PavilionA 30X60 Morton-Built pole barn and

accompanying 18X24 pavilion area for cateringlarge golf outings. e building features ive

overhead doors with a food-preparation area.

Cart BuildingA 60X100 clear span, steel building houses 74

golf carts (30 of which are 2014 Yamahas).

Bank BarnAncillary building provides for additional

equipment storage.

B U I L D I N G S L A N D A R E AGolf Course Parcels:

047-26-058-04-000 —112.000+/- Acres

047-26-030-17-000 —40.881+/- Acres

Total of 152+/- Acres

Farm Tract Parcel:047-26-030-17-004 — +/- 64.513 Acres,with +/- 43 acres of tillable ground (Being

offered in conjunction with the golfcourse.)

Irrigation:Toro OSMAC automated irrigation

system. ere are 2 lakes on the propertyand drilled-water well (with a reportedcapacity of 225 gallons per minute).

Timber Count:Farm Tract’s standing timber is estimatedat $26,000 +/- (Timber appraisal available

upon request.)

PROCESS: The real estatewill be offered in 2 tracts(Golf Course & Farm Tract)and as a whole. Thehighest net will besubmitted to the seller.Subject to seller’s finalapproval. Auctionconducted on site.

LAND: 152+/- Golf Courseand 64+/- Farm Tract whichis a mixture of tillableground and woods. FarmTract is currently enrolled inCAUV.

DOWN PAYMENT: Anon-refundable downpayment of 10% of thepurchase price due day ofauction with balance atclosing.

NO FINANCING

CONTINGENCIES: Be surefinancing is in order ifneeded.

PURCHASE CONTRACT:

All successful bidders willbe required to enter into apurchase contractimmediately following theclose of the auction. All finalbids are subject to theseller’s final approval andconfirmation.

TITLE COMMITMENT: ATitle Commitment will beposted for review auctionday. The property will beconveyed to purchaser by amarketable title free andclear of all liens andencumbrances whatsoever,except leases, reservations,conditions, easements andrestrictions of record,zoning ordinances andtaxes not yet payable. Titleinsurance will be a buyersexpense.

TAXES: Taxes (per half)are for Golf Course andFarm Tract are $16,101.76and $1,527.67, respectively,

and will be prorated. TheFarm Tract is enrolled inCAUV and the taxes reflectthat. Any CAUV taxrecoupment will be abuyer’s expense.

MINERAL RIGHTS: Sale ofthe property will include anymineral rights OWNED bythe seller.

CLOSING: If no survey isrequired, the closing shalltake place within 30 days. If a survey is required, theclosing shall take placeafter final survey isapproved from RichlandCounty.

SURVEY/ACREAGES:

Parcel measurements andacreages are based on taxmaps and deeds of record.Parcel measurements andacreages are approximateand may increase ordecrease subject to finalsurvey. No survey will bedone if real estate is sold ina way where a new surveyis not required by thecounty.

INSPECTIONS: The realestate is not offeredcontingent to anyinspections. All desiredinspections must be madeprior to bidding. Eachpotential bidder isresponsible for conductingtheir own inspections.

AS IS WHERE IS: Allinformation contained in thisbrochure and all relatedmaterials are subject to theterms and conditionsoutlined in the Purchase

Contract. The purchasecontract is available forreview anytime uponrequest and will be postedauction day. The property isbeing offered on an “AS ISWHERE IS” basis, and nowarranty or representationeither expressed or implied,concerning the property ismade by the Seller, HaringRealty and Dilgard &Associates. All sketches,layouts and dimensions inthe brochure areapproximate. Each potentialbidder is responsible forconducting their ownindependent inspections,investigations, inquiries,and due diligenceconcerning the property.The information containedin this brochure and othermaterial is subject toverification by all partiesrelying on it. No liability forits accuracy, errors, oromissions is assumed bythe Seller, Haring Realty,and Dilgard & Associates.All decisions of theAuctioneer are final.

TAX & LEGAL: Parcels047-26-058-04-000,047-26-030-17-000, &047-26-030-17-004, TroyTownship, Richland County.The real estate is offeredsubject to Troy TownshipZoning and restrictions ofrecord. The sellers willprovide a fiduciary deed. Atitle commitment will beposted auction day.Lexington Schools.

NEW INFORMATION:

Any announcementsauction day take

precedence overprinted material.Please arriveearly auction dayto get updatedinformation.

T E R M S & C O N D I T I O N S

152+/- Acre

Golf Course

64 +/- Acre

Farm Tract

Sta

te R

oute

42

Sch

mid

t R

oad

Kings Corners Road East

Alg

ire R

oad

Eckert Road

Page 3: Pebble Creek Golf Club Auctionbloximages.newyork1.vip.townnews.com/richlandsource.com/conten… · PROCESS:The real estate will be offered in 2 tracts (Golf Course & Farm Tract) and

Pebble Creek Golf Club4300 Algire Road, Lexington, Ohio 44904

AERIAL DRONE

FULL 18 HOLES

C L I C K H E R E

AERIAL DRONE

OVERVIEW VIDEO

C L I C K H E R E

Page 4: Pebble Creek Golf Club Auctionbloximages.newyork1.vip.townnews.com/richlandsource.com/conten… · PROCESS:The real estate will be offered in 2 tracts (Golf Course & Farm Tract) and

Pebble Creek Golf Club4300 Algire Road, Lexington, Ohio 44904

AERIAL DRONE

FULL 18 HOLES

C L I C K H E R E

AERIAL DRONE

OVERVIEW VIDEO

C L I C K H E R E

Page 5: Pebble Creek Golf Club Auctionbloximages.newyork1.vip.townnews.com/richlandsource.com/conten… · PROCESS:The real estate will be offered in 2 tracts (Golf Course & Farm Tract) and

Pebble Creek Golf Club4300 Algire Road, Lexington, Ohio 44904

AERIAL DRONE

FULL 18 HOLES

C L I C K H E R E

AERIAL DRONE

OVERVIEW VIDEO

C L I C K H E R E