Incredible opportunity to purchase or invest in Donald Ross designed Country Club. "Penobby" is an 18-hole championship course with full club amenities including pool, clubhouse and restaurant.
Designed by the celebrated Donald Ross and built in 1924. Over the past 90 years, the club has hosted golfers from Arnold Palmer to “Larry the Cable Guy”, and has established an impressive pedigree of competitive events. Since 1926, no less than ten Maine Amateur Championships have taken place at Penobscot Valley; another is being scheduled for the near future.
Current ownership has made the following recent investments:
- Improvements to HVAC, Roof and Kitchen in Clubhouse
- Till, Reseed and Redevelop 40+/- Acres of Turf
- Replace and Significantly Repair Course Maintenance Equipment
- Replace Entire Equipment Maintenance Fleet in 2018-19, Including Golf Carts
- Stabilize Operations, Day-to-Day Staffing and Maintenance
- General Enhancements to Member and Player Amenities
This is an opportunity to purchase the club and assets outright or invest with current ownership.
Call us for details and discussions.
Michael B. Carey - ME RE Lic. #DB919594 | Thomas W. Saturley - ME AUC #757
In Cooperation with The Boulos Company