Fairway Advisors announced the sale of Los Rios Country Club in Plano, Texas. The 18-hole, semi-private, championship golf course is located 20 minutes north of downtown Dallas. The course was owned by Los Rios Golf Course, LP, an affiliate of IRI Golf Group.
The new owner of Los Rios Country Club is Addicks Family Trust. The sales price was not disclosed.
Commenting on the disposition, Jeff Davis, President of Fairway Advisors, says: “The amount of investor interest in the property was extremely strong. As a result of the investor demand, IRI has been compelled to place two other Dallas clubs on the market: Oakridge Country Club in Garland and The Shores Country Club in Rockwall.”
Los Rios Country Club was designed by Don January and plays to 6,507 yards. The semi-private golf course was opened in 1974. IRI Golf Group is a San Diego based golf management company which owns and manages golf courses throughout the United States. IRI is currently expanding its portfolio having recently been engaged to provide management services for The Golf Club at McKinney in McKinney, Texas and Timber Links at Denton in Denton, Texas.
