The manufacturer of golf course equipment is expected to purchase the Oconomowoc, Wis., property in a sale that could close mid-April. The 18-hole golf course was previously known as Rolling Hills Country Club, and was sold in 2015 for $1.3 million. The La Belle Golf Club in Oconomowoc, Wis., is expected to be sold to…
Golf Properties in Wisconsin Flourish While Illinois Struggles
Golf courses throughout Wisconsin are bucking national trends by bringing in strong outing and event business at competitive pricing. In neighboring Illinois, municipal golf facilities are turning to video poker and slot machines to make up for declining revenue with varying degrees of success.
Investor Group Buys La Belle GC Out of Receivership for $1.3M
The former Rolling Hills Country Club in Oconomowoc, Wis., was purchased by a group that includes the owner of three nearby golf courses. The property was established as Lac La Belle Country Club in 1896 and was a private club for more than 100 years, but is now open to the public.