Fairway Advisors to Sell Southern New Jersey Golf Course
September 29, 2006 (PRLEAP.COM) Business News
Dallas, Texas - Fairway Advisors has been retained as the exclusive advisor in the sale of Wild Oaks Golf Club located in Salem, New Jersey. Wild Oaks is a 27 hole golf club located 30 minutes from Wilmington and 45 minutes from downtown Philadelphia. Fairway Advisors’ marketing of Wild Oaks will begin this week. Jeff Davis, President of Fairway Advisors, comments, "Wild Oaks was acquired in July 2005 as part of a 17 golf course portfolio. The golf course has historically recorded over 40,000 rounds per year. It is also located on 172 acres zoned PBR which allows residential development. Ownership believes it will be attractive to both golf course operators and regional developers”.
Davis says he has received a large amount of interest from investors. He expects to receive multiple offers and to select a buyer by November. Information about this opportunity can be obtained by visiting Fairway Advisors’ website www.fairwayadvisors.com.