#971  
Old 05-29-2014, 02:09 PM
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TOURNEYPLAYER TOURNEYPLAYER is offline
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nice bill!
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  #972  
Old 05-29-2014, 04:03 PM
JRW III JRW III is offline
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I am headed up to Selah tomorrow. We are staying at the Coral house.

Also have reservations in the Fall for the Coral house. Wonder what happens to those reservations if it sells before then.
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  #973  
Old 05-30-2014, 12:29 PM
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JeremyKShort JeremyKShort is offline
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Quote:
Originally Posted by JRW III View Post
I am headed up to Selah tomorrow. We are staying at the Coral house.

Also have reservations in the Fall for the Coral house. Wonder what happens to those reservations if it sells before then.

They'd probably be canceled and refunded, unless the new owners wanted to honor them. It would likely depend on what the new owners were going to do with the property. There's several different things that can be done with the property, so we have no idea what will become of it.

Fortunately for us, property like this does not sell over night. It'll take a while for the wheels to move, even once a prospective buyer gets serious about it.
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  #974  
Old 06-02-2014, 10:27 AM
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grodney grodney is offline
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I had 6 annual "Last Trip to Circle R in Wimberley". Here's hoping Selah takes at least that long.
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  #975  
Old 06-02-2014, 05:29 PM
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jsc430 jsc430 is offline
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^Man, that place was magical. Very much like Selah.

I'm wondering now if the Henderson's are regretting putting a disc golf course on their property. You don't build a disc golf mecca like that with the anticipation of selling anytime in the foreseeable future. Real bummer man.
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  #976  
Old 06-02-2014, 05:45 PM
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Qikly Qikly is online now
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I wonder how John Houck feels? I'd be pretty bummed if my masterpiece could have a very limited remaining lifespan.
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  #977  
Old 06-03-2014, 09:20 AM
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DavidSauls DavidSauls is offline
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Quote:
Originally Posted by grodney View Post
Wow. 6.5 doesn't really seem like that much.

http://www.briggsfreeman.com/search/...s.asp?pn=21005

I agree with Qikly that when it sells, that's the end of the courses --- if not before.
Probably, but if you want encouragement....It is my understanding that Trophy Lakes in Charleston, a 4+ rated course on a commercial property with resident, non-playing owners, was sold a few years back and the new owners continued to keep the course. I'm not positive, but it seems I remember this from discussions.

If the property is set up for visitors---lodging, etc.---there's always a chance that the courses will be kept.
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  #978  
Old 06-03-2014, 09:31 AM
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grodney grodney is offline
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Oh, no question it's possible -- I was just making my guess. If it were me buying the place, it would be strictly a business decision. Does the money generated by the courses (greens fees, cart fees, disc sales, and probably most importantly -- lodging bookings) outweigh the cost of maintenance (mowing, carts, pro shop, etc.). And not just outweigh, but outweigh by enough to make it worth it.

However, I think there's a good chance the new owners won't even bother to consider it. There's also the consideration that the disc golf traffic (and clientele) is driving away other lodging business, which would certainly fall on the negative side in a big way.

Of course there's always the chance it swings the other way and an enthusiast buys it, or simply someone willing to overlook the reality of the finances (if they're not net positive).

It's obviously not black-and-white. You have bookings for 4 days for people like me, who are there STRICTLY for the golf. But for all the non-golf-only bookings, is the existence of DG a value-add or a value-subtract? Tough call.

Didn't the Ozark property get sold recently, and also keep their courses?
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  #979  
Old 06-03-2014, 10:05 AM
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DavidSauls DavidSauls is offline
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Odds are you're right....but for those who play it, and who dream of playing it, I offer the Trophy Lakes story to lift your spirits. Our spirits.
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  #980  
Old 06-03-2014, 10:07 AM
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PMantle PMantle is offline
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Going for fourth of July weekend. I hope it's still open.
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