Tuesday, December 13, 2011

NAI Realvest Negotiates Acquisition of 144 acre Tomoka Oaks Golf & Country Club in Ormond Beach

ORLANDO, Fla. – NAI Realvest recently negotiated the purchase of the Tomoka Oaks Golf & Country Club on Tomoka Oaks Boulevard in Ormond Beach for $1.5 Million.

Associate Jeff Ettinger brokered the transaction representing the buyer, EJTS Holding, LLC of Longwood. The seller, Putnam State Bank of Palatka, was represented in the transaction by Mark Arnold of Stirling Sotheby’s International Realty.

The property includes an 18-hole golf course currently managed by Billy Casper Management. The course is in excellent condition and accepts greens-fee players, Ettinger said.

About NAI Realvest:
NAI Realvest, serving all of central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 350 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.NAIRealvest.com.

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