560ti said:
https://www.dallasnews.com/business/real-estate/2020/04/16/garland-golf-course-has-a-new-owner/
Duck Creek sold again. What is the deal with this course ? Was purchased in 2012 with little to no community backing and reopened shortly after. Home owners didn't really seemd interested in it and it immediately became a hacker course. Owner lost money on it every single year it was open. Tried to be a high volume low quality course but 1. is located in a very competitive golf area and 2. low budget fees/prices can't maintain high volume traffic and maintence, its an oxymoron
Now the current owner convinced some company (Par Fore LLC) on a 1.6 million dollar owner finance sale ? You have to be kidding me ?
This course is barely a step of los rios right now and the neighbhorhood isn't even that great anymore. This course is literally the scam of the century
See it often. They say the third owner of a golf course has the potential to make money. The first two always lose money.