5. Holly Meadows Golf Course is for sale. See attached summary. To achieve a capitalization rate of 9%, what must the monthly income be for the year and for each month of the year. Golf is played during months of May through September; but catering of functions is throughout the year. Sale Price = 33.650,000 20.000 SF Building Size = Last Size=137 Acres 14 Lino Realty Inc. is pleased to exclusively present Holly Meadows Golf Coursene other courses throughout the state of Michigan and several others throughout the Midwest, Holly Meadows is an opportunity to acquire this 'go-to' course for the phenomenal setting for golf. Holly Meadows yields year round cash flow, with a restaurant/ banquet center, an impressive bar and state of the art bowling alley, all of which are heavily used and frequented by regional customers and enthusiasts. SUMMARY HIGHLIGHTS . SALE PRICE $3,650,000 20,000 SF BUILDING SIZE Beautiful Setting Impressive and Challenging Course Topography Popular regional spot for year round entertainment and income flow LOT SIZE 137 Acres