Golf News for Thursday, November 29, 2012 | Courses

The Golf Club at Cedar Creek in Aiken, South Carolina has sold

DALLAS -- Fairway Advisors announces the sale of The Golf Club at Cedar Creek located in Aiken, South Carolina. Cedar Creek is a championship quality 18-hole facility designed by Arthur Hills in 1991.

Jeff Davis, president of Fairway Advisors, comments, "Cedar Creek is an excellent golf club with positive earnings and is located in one of the best retirement communities in America. The course can anticipate additional revenue growth as the area continues to grow and the economy recovers."

Davis further stated, "White Pine Holdings decided to focus other business interests and to sell the asset. The new owner, Cedar Creek Golf, LLC, has acquired a turn-key property with unlimited upside. Additional marketing to the community and targeting visitors during Masters Week will substantially increase rounds and revenues, further enhancing the return on investment."

More information about other investment opportunities can be obtained by visiting Fairway Advisors' website www.fairwayadvisors.com . Fairway Advisors is a national golf course brokerage and advisory firm. The firm represents private clubs, semi-private facilities and daily-fee golf courses throughout the United States.

Contact:
Jeffrey Davis
Fairway Advisors
(214) 485-1500
jeff.davis@fairwayadvisors.com