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
Untitleddesign7

Maximizing Your HOA Living Experience: Tips for an Enjoyable Community Life

Dave Orr - Community Association Management Services
Untitleddesign2 4523114356

Cybersecurity and Productivity: Striking the Perfect Balance for Business Success

Barrett Earney - EarneyIT
Tommytaylor ceo unitedway

How Philanthropy Fits Into Your Financial Plan

Tommy Taylor - United Way

In The Current Issue

Area YMCA Continues To Expand

The YMCA of Southeastern North Carolina has about 13,000 members; approximately 11,000 live in the greater New Hanover County area....


Restaurants Serve More Outdoor Space

Outdoor dining spaces add another dimension to dining in the Port City and, in some cases, take a restaurant’s brand to new heights. ...


Submarine Museum Could Surface Here

​A museum would continue to support those military families and honor submarine veterans but also serve as a way to provide science and math...

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

2024 Power Breakfast: The Next Season