Majestic Oaks Golf Club sells for $9.8 million
Majestic Oaks Golf Club in Ham Lake has sold for $9.8 million, according to property records.
The sale - which was posted on the Minnesota Department of Revenue's real estate portal Tuesday - includes buildings and more than 394 acres of land.
Florida-based CNL Lifestyles Properties sold Majestic Oaks in a bundle with 47 other golf properties located throughout the U.S. CF Majestic Oaks Arcis, an LLC with a Manhattan address, is listed as the buyer.
The new owners will continue using the property as a golf course and club, according to the certificate of real estate value.
Majestic Oaks is only about three miles from another golf course, Bunker Hills Golf Club, in Coon Rapids. The expansive property contains two 18-hole golf course and one 9-hole golf course. During peak season, the golf club employs more than 100 people.
Reported by: Startribune.com
The sale - which was posted on the Minnesota Department of Revenue's real estate portal Tuesday - includes buildings and more than 394 acres of land.
Florida-based CNL Lifestyles Properties sold Majestic Oaks in a bundle with 47 other golf properties located throughout the U.S. CF Majestic Oaks Arcis, an LLC with a Manhattan address, is listed as the buyer.
The new owners will continue using the property as a golf course and club, according to the certificate of real estate value.
Majestic Oaks is only about three miles from another golf course, Bunker Hills Golf Club, in Coon Rapids. The expansive property contains two 18-hole golf course and one 9-hole golf course. During peak season, the golf club employs more than 100 people.
Reported by: Startribune.com
