Turn-Key Operating Golf Course Kenai Peninsula, Alaska FOR SALE

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1 Turn-Key Operating Golf Course Kenai Peninsula, Alaska FOR SALE Submitted by: Wes Drown, CCIM REMAX CENTRAL Las Vegas, Nevada Myla McFarland, CRS, GRI Freedom Realty Soldotna, Alaska

2 Executive Summary This property is for sale as a 9-hole,turn-key, operating Golf course. The total acreage is 92+ acres. Included in the sale is the Pro Shop, Rental Cabins, Recreation improvements, and all Equipment and Inventory at contract. The property sits within the city limits of Soldotna Alaska, above the banks of the world famous Kenai River, known for world-record Salmon fishing. Accessible by the State maintained Sterling Highway, which Connects Homer Alaska, with Soldotna, and Anchorage Alaska, the opportunity to develop the Highway frontage is noted in the appraisal and the Golf Association analysis (which are available in the disclosure package). The course has been operated as a family owned, public course, and is now available for sale, so the Sellers can retire. The Sellers will carry a portion of financing for qualified buyers, and they are willing to enter into a management agreement, or Management-consulting agreement for the buyers benefit, for up to 24 month from the closing of the sale. The Sellers would prefer to see the property remain an operating Golf course for 10 years or more, and are willing to discount the price to a Buyer who will agree to do so, through Deed Restriction. Sellers have researched and been advised, that the development potential along the Sterling Hwy of approximately 6 acres (a portion of the total 92 acres), could be feasibly used to build a retail component I.E. Hotel-Restaurant-Commercial, that would not adversely affect the Golf course operations. (See proposed plat map in the disclosure package. Interested parties should contact Wes Drown for financial and additional information. To schedule showings; parties should contact Myla McFarland Wes Drown, CCIM REMAX Central 8400 W Sahara Ave. Las Vegas Nevada, wesley@wesleydrown.com Myla McFarland, CRS, GRI Freedom Realty 170 N. Birch St. Soldotna, AK myla@freedomrealty.com Broker Co-Op. Transaction will be handled and closed in Alaska, according to Alaska state law, and all fees paid through South Central Title Insurance Agency-Nicole Smith-Officer.

3 Alaska s Playground, the Kenai Peninsula Just 80 miles S. of Anchorage. Birch Ridge Golf Course for Sale. 92+ Acres Golfing Fishing Skiing - Flying Wes Drown, CCIM wes@medicalofficelv.com

4 Birch Ridge Golf Course Now Available Soldotna, Alaska sits near the western coast of the Kenai Peninsula with the world famous Kenai River running through town. The area is surrounded by lakes and streams, and is home to the world record Kenai River King Salmon (97+ lbs). The area is a very strong seasonal tourism destination as it sits on the main highways to Kenai, Seward, and Homer Alaska. The area is services by two airports and many flightseeing, and tour guide companies for Hunting, Fishing, Sightseeing, Hiking and Camping the great Alaska outdoors. Birch Ridge Golf course is the only significant golf Course at these cross roads. Princess Cruises, Royal Caribbean, Holland America, Celebrity, all call on the Kenai Peninsula due to its unrivaled outdoor experience. For more information about the location and surrounding area, check out: (Chamber of commerce) (City website) Property is co-brokered by Wes Drown-REMAX-Henderson Nevada, and Myla McFarland Freedom Realty in Soldotna, Alaska. Wes , Myla

5 Aerial Photo

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7 Parcel outline.

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11 Incredible opportunity: allows for a number of upside exit or hold strategies. Golf Course operations and expansion Golf course operations revenue can be expanded quickly in the following manor. (The Sellers have been approached but have declined, due to planning for retirement) Wedding business. The location and facilities are perfect for a good sized wedding business to be locted and operated on the property. Event planning and Event business. The property lends itself well to business, corportee events, religious events, and sports or other events and could be used for this purpose with little to no modification. Highway frontage could be used commercially for Hotel-Fly in fishing and hunting development. Lower portion of property could be expanded for Animal and Bird Sanctuary, overlooking the Kenai River and Soldotna Creek areas. General Development This large parcel is one of the largest contiguous parcels of land in the City Limits of Soldotna. It s development potential has several facets. Highway frontage has obvious commercial development potential, as trhe Sterling highway which is the only highway connecting all of the towns and villages of the Kenai Peninsula to the mainland, runs past this property. (Over 1000 of Highway Frontage!) Hills, views, sunsets.this property sits on a ridge overlooking the Kenai River basin towards the Tustamena Mountains, lending the non-frontage property to be ideal for residential development.. Large 1 acre estates could be developed with green spaces preserved for quality of life allowing for over 30 estate home sites. The lower acreage of approximately 35 acres could be used for further development in the future, or incorporated into the initial development phase. Access could be from a private road or from Boundary road. See the attached page for concept drawing...

12 Future Development Commercial Green Space 1 acre estate