Print
Real Estate - Commercial

Shallotte Golf Course Under Contract

By J. Elias O'Neal, posted May 15, 2014
A duo of Arizona investors may soon close on one of Brunswick County’s oldest golf courses.

Shallotte’s Brierwood Golf Club was placed under contract Tuesday by Blum Investment Group Golf LLC for an undisclosed amount, said Garry Silivanch, vice president of investment and development properties for Wilmington-based Coldwell Banker Commercial Sun Coast Partners and vice president with Team Silivanch.

If all parties involved in the transaction reach an agreement, officials could complete the purchase of the golf course sometime in July, Silivanch said.

The 160-acre golf course was listed for $1.25 million, according to the Realtors Commercial Alliance of Southeastern North Carolina Multiple Listing Service. The sale also includes a fleet of 80 golf carts, a full-service restaurant and bar with an up-to-date liquor license, a 10,178-square-foot clubhouse, a pro shop and a putting green.

No pending plans for the site have been released.

Officials with Blum Investment Group Golf did not return calls for comment by Thursday afternoon.

Silivanch said the investors plan to keep the golf course operational as an investment.

Brierwood Golf Club, 27 Brierwood Road SW, is a semi-private, 18-hole golf course established by four local doctors in 1967, according to a marketing flyer.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Web awstaffpic2020 1 132245438

The 2024 Luncheon for Literacy featuring Special Guest Jason Mott

Alesha Edison Westbrook - Cape Fear Literacy Council
Georgiarowe

Salling and Tate Dentistry Launches Annual "Gunner’s Runners" Shoe Collection Event, Aiming to Surpass Last Year's Success

Georgia Rowe - Wide Open Tech
Untitleddesign7

Understanding the Role of a Community Manager and Dispelling Common Misconceptions

Dave Orr - Community Association Management Services

Trending News

Wilmington Startup Gains Endorsement Through Spokesperson, Potential Investors

Audrey Elsberry - Feb 26, 2024

Rezoning Proposed For Carolina Beach Land, Including Seawitch Site

Emma Dill - Feb 26, 2024

Sullivan Promoted To Marketing Director At Thomas Construction

Staff Reports - Feb 27, 2024

Sikes Honored As Top Franchisee

Staff Reports - Feb 27, 2024

Wilmington's Venture Capital Spending Declines Sharply In 2023

Audrey Elsberry - Feb 27, 2024

In The Current Issue

Gadgets Boost Area’s Biotech

“AI is starting to weave itself into our social culture. Say you have a wearable on 24/7; you don’t even know it’s there,” said Morris Nguye...


MADE: IKA Works Inc. Equips Labs

IKA Works Inc. manufactures products used by universities, biotech companies and more....


State Real Estate Leader Weighs In

"Forecasts from leading economists suggest a downward adjustment in interest rates by the middle of the year, a development that could notab...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2023 Power Breakfast: Major Developments