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Oakwood Golf Club
Previous Page Listing ID#: 254855

Auction Location
Lake Wales, FL 33989 Full Address Available on Sunday, Jan 31

Auction Dates and TimesSALE IS COMPLETED
Bidding Starts: Monday Feb 1, 06:00 AM Bidding Ends: Thursday Feb 11, 11:00 AM

Auction Type
Online Auction

Company Information
Bullseye Auction & Appraisal Contact: Rick Sammons Phone: 770-490-0798 Email: rick@bullseyeauctions.com Website: www.BullseyeAuctions.com GoToAuction.com ID#: 4721 View company information and listings

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Listing Information
AUCTION Oakwood Golf Club 3301 Old Wailes Road, Lake Wales, FL 33898 Selling Online Only AUCTION BID DEADLINE: Thursday, February 11th @ 11 AM EST ASSET DESCRIPTION: Consisting of 160+/- acres, Oakwood Golf Club is an 18 hole Karl Litten designed course, including a driving range. Property includes a 12,500+/- sq. ft. clubhouse with parking, kitchen, bar, dining room and upstairs living areas. The carts are stored below the clubhouse. Property selling subject to purchaser's ability to assume existing cart lease. The cart lease provides 52 DR2A AFI golf carts with 8 annual payments of $4,315.99. Payments are not required for June, July, August and September. The lease ends on May of 2024. Property is being sold with all existing pro shop inventory, intellectual property and all remaining personal property throughout clubhouse, kitchen, dining room, etc. Water is pumped from the lake on the 18th hole. 2020 Rounds Played = 18,838 IMPORTANT UPDATE 02/09/21: A very limited amount of "owned" maintenance equipment exists. The larger assets required to maintain this golf course are leased. The property is being sold subject to the purchaser's ability to assume a portion of a John Deere equipment lease with Milmack, Inc. that started on September 1st, 2019 and ends on September 1st 2023. Some of the equipment within the lease is allocated for use a Lake Wales Country Club. The equipment allocated for Oakwood Golf Club is as follows: (1) 2019 John Deere 9009A 4WD T4 (2) 2019 John Deere 2500B Riding Greens Mower (1) 2019 John Deere 7700A Precision Cut Fairway Mower Total Monthly Lease Expense, Including Taxes: $3,376.52 Again, this John Deere lease ends on September 1st of 2023. IMPORTANT UPDATE 02/05/2021: Please be advised, Polk County Tax Parcel #283005000000011080 appears to encompass a part of the Oakwood Golf Club parking lot and cart path with access to the 10th hole. This tract previously served as a driving range, but is no longer owned by Oakwood Golf Club and will not be part of the auction. Please click the documents tab to view an aerial of the tract in relation the the parking lot and cart path access to the 10th hole. CLICK HERE for Course Website INSPECTION: Please contact Auctioneer for instructions. REGISTRATION & BIDDING: Online registration and bidding to start on February 1st. TERMS: Please click the "Documents" tab for General Terms and Conditions. BUYER’S PREMIUM: A 10% buyer’s premium will be added to the high bid. Example: For a high bid of $100,000, a 10% buyer’s premium of $10,000 will be added making the purchase price $110,000. ONLINE BIDDING: For online bidding instructions, please contact Scott Schwartz at 404-550-3490 or scott@bullseyeauctions.com. Auction Conducted by: Hilda W. Allen Real Estate, Inc., 212 Old Quitman Annex Road, Adel, GA 31620, Phone: 229-896-1492. FL Auction #AU3003 / FL RE #BK3036361 Online Auction Facilitator: Bullseye Auction & Appraisal, LLC, 500 Pike Park Drive, Suite F, Lawrenceville, GA 30046 1 Oakwood Golf Club - 3301 Old Wales Road, Lake Wales, FL 33898 Oakwood Golf Club 3301 Old Wailes Road, Lake Wales, FL 33898 Selling Online Only AUCTION BID DEADLINE: Thursday, February 11th @ 11 AM EST ASSET DESCRIPTION: Consisting of 160+/- acres, Oakwood Golf Club is an 18 hole Karl Litten designed course, including a driving range. Property includes a 12,500+/- sq. ft. clubhouse with parking, kitchen, bar, dining room and upstairs living areas. The carts are stored below the clubhouse. Property selling subject to purchaser's ability to assume existing cart lease. The cart lease provides 52 DR2A AFI golf carts with 8 annual payments of $4,315.99. Payments are not required for June, July, August and September. The lease ends on May of 2024. Property is being sold with all existing pro shop inventory, intellectual property and all remaining personal property throughout clubhouse, kitchen, dining room, etc. Water is pumped from the lake on the 18th hole. 2020 Rounds Played = 18,838 IMPORTANT UPDATE 02/09/21: A very limited amount of "owned" maintenance equipment exists. The larger assets required to maintain this golf course are leased. The property is being sold subject to the purchaser's ability to assume a portion of a John Deere equipment lease with Milmack, Inc. that started on September 1st, 2019 and ends on September 1st 2023. Some of the equipment within the lease is allocated for use a Lake Wales Country Club. The equipment allocated for Oakwood Golf Club is as follows: (1) 2019 John Deere 9009A 4WD T4 (2) 2019 John Deere 2500B Riding Greens Mower (1) 2019 John Deere 7700A Precision Cut Fairway Mower Total Monthly Lease Expense, Including Taxes: $3,376.52 Again, this John Deere lease ends on September 1st of 2023. IMPORTANT UPDATE 02/05/2021: Please be advised, Polk County Tax Parcel #283005000000011080 appears to encompass a part of the Oakwood Golf Club parking lot and cart path with access to the 10th hole. This tract previously served as a driving range, but is no longer owned by Oakwood Golf Club and will not be part of the auction. Please click the documents tab to view an aerial of the tract in relation the the parking lot and cart path access to the 10th hole. CLICK HERE for Course Website INSPECTION: Please contact Auctioneer for instructions. REGISTRATION & BIDDING: Online registration and bidding to start on February 1st. TERMS: Please click the "Documents" tab for General Terms and Conditions. BUYER’S PREMIUM: A 10% buyer’s premium will be added to the high bid. Example: For a high bid of $100,000, a 10% buyer’s premium of $10,000 will be added making the purchase price $110,000. ONLINE BIDDING: For online bidding instructions, please contact Scott Schwartz at 404-550-3490 or scott@bullseyeauctions.com. Auction Conducted by: Hilda W. Allen Real Estate, Inc., 212 Old Quitman Annex Road, Adel, GA 31620, Phone: 229-896-1492. FL Auction #AU3003 / FL RE #BK3036361 Online Auction Facilitator: Bullseye Auction & Appraisal, LLC, 500 Pike Park Drive, Suite F, Lawrenceville, GA 30046
Auction License: GAL# 3575

Listing Information

AUCTION

Oakwood Golf Club
3301 Old Wailes Road, Lake Wales, FL 33898

Selling Online Only

AUCTION BID DEADLINE: Thursday, February 11th @ 11 AM EST

ASSET DESCRIPTION: Consisting of 160+/- acres, Oakwood Golf Club is an 18 hole Karl Litten designed course, including a driving range. Property includes a 12,500+/- sq. ft. clubhouse with parking, kitchen, bar, dining room and upstairs living areas. The carts are stored below the clubhouse. Property selling subject to purchaser's ability to assume existing cart lease. The cart lease provides 52 DR2A AFI golf carts with 8 annual payments of $4,315.99. Payments are not required for June, July, August and September. The lease ends on May of 2024.

Property is being sold with all existing pro shop inventory, intellectual property and all remaining personal property throughout clubhouse, kitchen, dining room, etc.

Water is pumped from the lake on the 18th hole.

2020 Rounds Played = 18,838

IMPORTANT UPDATE 02/09/21:  A very limited amount of "owned" maintenance equipment exists. The larger assets required to maintain this golf course are leased. The property is being sold subject to the purchaser's ability to assume a portion of a John Deere equipment lease with Milmack, Inc. that started on September 1st, 2019 and ends on September 1st 2023. Some of the equipment within the lease is allocated for use a Lake Wales Country Club. The equipment allocated for Oakwood Golf Club is as follows:
(1) 2019 John Deere 9009A 4WD T4
(2) 2019 John Deere 2500B Riding Greens Mower
(1) 2019 John Deere 7700A Precision Cut Fairway Mower
Total Monthly Lease Expense, Including Taxes: $3,376.52
Again, this John Deere lease ends on September 1st of 2023.

IMPORTANT UPDATE 02/05/2021:  Please be advised, Polk County Tax Parcel #283005000000011080 appears to encompass a part of the Oakwood Golf Club parking lot and cart path with access to the 10th hole. This tract previously served as a driving range, but is no longer owned by Oakwood Golf Club and will not be part of the auction. Please click the documents tab to view an aerial of the tract in relation the the parking lot and cart path access to the 10th hole.

CLICK HERE for Course Website

INSPECTION: Please contact Auctioneer for instructions.

REGISTRATION & BIDDING: Online registration and bidding to start on February 1st.

TERMS: Please click the "Documents" tab for General Terms and Conditions.

BUYER’S PREMIUM: A 10% buyer’s premium will be added to the high bid. Example: For a high bid of $100,000, a 10% buyer’s premium of $10,000 will be added making the purchase price $110,000.

ONLINE BIDDING: For online bidding instructions, please contact Scott Schwartz at 404-550-3490 or scott@bullseyeauctions.com.

Auction Conducted by: Hilda W. Allen Real Estate, Inc., 212 Old Quitman Annex Road, Adel, GA 31620, Phone: 229-896-1492.
FL Auction #AU3003 / FL RE #BK3036361

Online Auction Facilitator: Bullseye Auction & Appraisal, LLC, 500 Pike Park Drive, Suite F, Lawrenceville, GA 30046

Oakwood Golf Club - 3301 Old Wales Road, Lake Wales, FL 33898

Oakwood Golf Club
3301 Old Wailes Road, Lake Wales, FL 33898

Selling Online Only

AUCTION BID DEADLINE: Thursday, February 11th @ 11 AM EST

Property is being sold with all existing pro shop inventory, intellectual property and all remaining personal property throughout clubhouse, kitchen, dining room, etc.

Water is pumped from the lake on the 18th hole.

2020 Rounds Played = 18,838

IMPORTANT UPDATE 02/09/21: A very limited amount of "owned" maintenance equipment exists. The larger assets required to maintain this golf course are leased. The property is being sold subject to the purchaser's ability to assume a portion of a John Deere equipment lease with Milmack, Inc. that started on September 1st, 2019 and ends on September 1st 2023. Some of the equipment within the lease is allocated for use a Lake Wales Country Club. The equipment allocated for Oakwood Golf Club is as follows:
(1) 2019 John Deere 9009A 4WD T4
(2) 2019 John Deere 2500B Riding Greens Mower
(1) 2019 John Deere 7700A Precision Cut Fairway Mower
Total Monthly Lease Expense, Including Taxes: $3,376.52
Again, this John Deere lease ends on September 1st of 2023.

IMPORTANT UPDATE 02/05/2021: Please be advised, Polk County Tax Parcel #283005000000011080 appears to encompass a part of the Oakwood Golf Club parking lot and cart path with access to the 10th hole. This tract previously served as a driving range, but is no longer owned by Oakwood Golf Club and will not be part of the auction. Please click the documents tab to view an aerial of the tract in relation the the parking lot and cart path access to the 10th hole.

CLICK HERE for Course Website

INSPECTION: Please contact Auctioneer for instructions.

REGISTRATION & BIDDING: Online registration and bidding to start on February 1st.

TERMS: Please click the "Documents" tab for General Terms and Conditions.

BUYER’S PREMIUM: A 10% buyer’s premium will be added to the high bid. Example: For a high bid of $100,000, a 10% buyer’s premium of $10,000 will be added making the purchase price $110,000.

Online Auction Facilitator: Bullseye Auction & Appraisal, LLC, 500 Pike Park Drive, Suite F, Lawrenceville, GA 30046

Auction License: GAL# 3575

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Oakwood Golf Club

Bullseye Auction & Appraisal

Contact: Rick Sammons
Phone: 770-490-0798

Lake Wales, FL 33989
Full Address Available after 9 am
on Sunday, Jan 31

Listing Details
AUCTION Oakwood Golf Club 3301 Old Wailes Road, Lake Wales, FL 33898 Selling Online Only AUCTION BID DEADLINE: Thursday, February 11th @ 11 AM EST ASSET DESCRIPTION: Consisting of 160+/- acres, Oakwood Golf Club is an 18 hole Karl Litten designed course, including a driving range. Property includes a 12,500+/- sq. ft. clubhouse with parking, kitchen, bar, dining room and upstairs living areas. The carts are stored below the clubhouse. Property selling subject to purchaser's ability to assume existing cart lease. The cart lease provides 52 DR2A AFI golf carts with 8 annual payments of $4,315.99. Payments are not required for June, July, August and September. The lease ends on May of 2024. Property is being sold with all existing pro shop inventory, intellectual property and all remaining personal property throughout clubhouse, kitchen, dining room, etc. Water is pumped from the lake on the 18th hole. 2020 Rounds Played = 18,838 IMPORTANT UPDATE 02/09/21: A very limited amount of "owned" maintenance equipment exists. The larger assets required to maintain this golf course are leased. The property is being sold subject to the purchaser's ability to assume a portion of a John Deere equipment lease with Milmack, Inc. that started on September 1st, 2019 and ends on September 1st 2023. Some of the equipment within the lease is allocated for use a Lake Wales Country Club. The equipment allocated for Oakwood Golf Club is as follows: (1) 2019 John Deere 9009A 4WD T4 (2) 2019 John Deere 2500B Riding Greens Mower (1) 2019 John Deere 7700A Precision Cut Fairway Mower Total Monthly Lease Expense, Including Taxes: $3,376.52 Again, this John Deere lease ends on September 1st of 2023. IMPORTANT UPDATE 02/05/2021: Please be advised, Polk County Tax Parcel #283005000000011080 appears to encompass a part of the Oakwood Golf Club parking lot and cart path with access to the 10th hole. This tract previously served as a driving range, but is no longer owned by Oakwood Golf Club and will not be part of the auction. Please click the documents tab to view an aerial of the tract in relation the the parking lot and cart path access to the 10th hole. CLICK HERE for Course Website INSPECTION: Please contact Auctioneer for instructions. REGISTRATION & BIDDING: Online registration and bidding to start on February 1st. TERMS: Please click the "Documents" tab for General Terms and Conditions. BUYER’S PREMIUM: A 10% buyer’s premium will be added to the high bid. Example: For a high bid of $100,000, a 10% buyer’s premium of $10,000 will be added making the purchase price $110,000. ONLINE BIDDING: For online bidding instructions, please contact Scott Schwartz at 404-550-3490 or scott@bullseyeauctions.com. Auction Conducted by: Hilda W. Allen Real Estate, Inc., 212 Old Quitman Annex Road, Adel, GA 31620, Phone: 229-896-1492. FL Auction #AU3003 / FL RE #BK3036361 Online Auction Facilitator: Bullseye Auction & Appraisal, LLC, 500 Pike Park Drive, Suite F, Lawrenceville, GA 30046 1 Oakwood Golf Club - 3301 Old Wales Road, Lake Wales, FL 33898 Oakwood Golf Club 3301 Old Wailes Road, Lake Wales, FL 33898 Selling Online Only AUCTION BID DEADLINE: Thursday, February 11th @ 11 AM EST ASSET DESCRIPTION: Consisting of 160+/- acres, Oakwood Golf Club is an 18 hole Karl Litten designed course, including a driving range. Property includes a 12,500+/- sq. ft. clubhouse with parking, kitchen, bar, dining room and upstairs living areas. The carts are stored below the clubhouse. Property selling subject to purchaser's ability to assume existing cart lease. The cart lease provides 52 DR2A AFI golf carts with 8 annual payments of $4,315.99. Payments are not required for June, July, August and September. The lease ends on May of 2024. Property is being sold with all existing pro shop inventory, intellectual property and all remaining personal property throughout clubhouse, kitchen, dining room, etc. Water is pumped from the lake on the 18th hole. 2020 Rounds Played = 18,838 IMPORTANT UPDATE 02/09/21: A very limited amount of "owned" maintenance equipment exists. The larger assets required to maintain this golf course are leased. The property is being sold subject to the purchaser's ability to assume a portion of a John Deere equipment lease with Milmack, Inc. that started on September 1st, 2019 and ends on September 1st 2023. Some of the equipment within the lease is allocated for use a Lake Wales Country Club. The equipment allocated for Oakwood Golf Club is as follows: (1) 2019 John Deere 9009A 4WD T4 (2) 2019 John Deere 2500B Riding Greens Mower (1) 2019 John Deere 7700A Precision Cut Fairway Mower Total Monthly Lease Expense, Including Taxes: $3,376.52 Again, this John Deere lease ends on September 1st of 2023. IMPORTANT UPDATE 02/05/2021: Please be advised, Polk County Tax Parcel #283005000000011080 appears to encompass a part of the Oakwood Golf Club parking lot and cart path with access to the 10th hole. This tract previously served as a driving range, but is no longer owned by Oakwood Golf Club and will not be part of the auction. Please click the documents tab to view an aerial of the tract in relation the the parking lot and cart path access to the 10th hole. CLICK HERE for Course Website INSPECTION: Please contact Auctioneer for instructions. REGISTRATION & BIDDING: Online registration and bidding to start on February 1st. TERMS: Please click the "Documents" tab for General Terms and Conditions. BUYER’S PREMIUM: A 10% buyer’s premium will be added to the high bid. Example: For a high bid of $100,000, a 10% buyer’s premium of $10,000 will be added making the purchase price $110,000. ONLINE BIDDING: For online bidding instructions, please contact Scott Schwartz at 404-550-3490 or scott@bullseyeauctions.com. Auction Conducted by: Hilda W. Allen Real Estate, Inc., 212 Old Quitman Annex Road, Adel, GA 31620, Phone: 229-896-1492. FL Auction #AU3003 / FL RE #BK3036361 Online Auction Facilitator: Bullseye Auction & Appraisal, LLC, 500 Pike Park Drive, Suite F, Lawrenceville, GA 30046

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Oakwood Golf Club

Online Only Auction

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Auction Date(s)

Bidding Starts: Monday Feb 1 , 06:00 AM
Bidding Ends: Thursday Feb 11 , 11:00 AM

Auction Location

Lake Wales, FL 33989
Full Address Available on Sunday, Jan 31

Company

Bullseye Auction & Appraisal

Contact: Rick Sammons
Phone: 770-490-0798
Website: www.BullseyeAuctions.com