The East Longmeadow, Mass., property, which includes an 18-hole course, clubhouse, banquet hall, swimming pool, maintenance building, and groundskeeping and banquet equipment, was scheduled for a mortgage foreclosure auction this morning at 11 a.m.
The Elmcrest Country Club in East Longmeadow, Mass., including its buildings and 110 acres of property, was scheduled for a mortgage foreclosure auction this morning at 11 a.m., MassLive.com reported.
Course manager Jim Haberern said Monday that he is trying to buy the club ahead of the scheduled auction so it can reopen for the 2016 golf season. The course was open for golf through the fall of 2015, MassLive.com reported.
The sale will include the 18-hole course, the clubhouse, banquet hall, swimming pool, maintenance building, groundskeeping equipment along with all the bar, lounge, restaurant, kitchen and banquet equipment and the all-alcohol beverage license, according to an announcement from Aaron Posnik & Co., Inc.
The property is appraised at $4.2 million, according to tax records kept by the town of East Longmeadow, MassLive.com reported.
The most recent mortgage on the property was a loan taken out from the then Bank of Western Massachusetts, now Peoples United Bank in 2009 for $675,000, according to records on file at the Hampden County Registry of Deeds.
The late Joe Pagos of East Longmeadow co-founded the course in 1964 and was its longtime owner. Pagos died in 2008. According to The Republican’s archives, management of the course passed to Pagos’ nephews, Jim Haberern and his brother Jack Haberern who was the head groundskeeper, MassLive.com reported.
Jay Nomakeo, owner of Western Mass Golf, said Monday that the auction stems from a disagreement between the brothers. Monakeo, who has handled marketing for course, said he’s working with Jim Haberern on his bid to buy the course and avoid the foreclosure auction, MassLive.com reported.
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