Tartan Golf, which selected OB Sports to manage the course, plans to reopen it within 30 days.

A Colorado management company has bought Stallion Mountain Golf Club, Las Vegas, Nev., for $3.8 million, three years after it was closed by foreclosure.

Tartan Golf, which selected OB Sports to manage the course, plans to reopen it within 30 days, said Steve Kerr, Tartan’s manager. The deal was completed June 30, he said.

Tartan, which owns two courses in Colorado, acquired the course from the Federal Deposit Insurance Corp., which got the property in August 2009 after taking over Community Bank of Nevada. Community Bank foreclosed on the property obtained by an investment group for $23.8 million.

The new plan calls for the course to have private membership but allow outside outings, Kerr told Vegas Inc.

It’s the third sale of a Las Vegas course since December. There hadn’t been a sale since 2007. Silverstone Golf Club was sold by its lender in December for $3.1 million to Par 4 Golf Management. In February, a Honolulu group purchased Southshore Golf Club in Las Vegas for $4.5 million.

The broker on the Stallion Mountain sale representing the FDIC was Keith Cubba of Colliers International Las Vegas, who said the price paid by Tartan was fair-market value for the course and shows there’s demand.