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Three Putt, LLC, has purchased the highly regarded Philadelphia area country club. Terms of the sale were not disclosed.
Jeff Davis, President of Fairway Advisors, comments, "Old York is situated on 177 acres in affluent Burlington County. Its clubhouse, locker room and banquet facilities are over 27,500 square feet. This was a unique opportunity to acquire a well-located facility for substantially less than replacement cost. Old York attracted multiple offers in less than eight weeks of market exposure. The market clearly recognized the unique combination of Old York's attributes.”
Fairway Advisors has been very active within the Northeastern and Mid Atlantic regions with over a dozen sales during the current economic cycle. Information about other opportunities can be obtained by visiting Fairway Advisors’ website fairwayadvisors.com.
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