Arrowhead under new ownership
by The Cadiz Record
Oct 11, 2006 | 0 0 comments | 5 5 recommendations | email to a friend | print
An agreement has been reached for the sale of Arrowhead Golf Course in Cadiz. The Cadiz Record learned late Monday afternoon that an agreement to close on the title to the property from owner Marshall Roberts to Kevin Doane of Madisonville and Jeremy Ross of Henderson, is expected to be signed Friday.

The sale was made possible when a total of 53 annual golf packages were sold to area residents last week.

Both Doane and Ross have extensive golf course management backgrounds and have committed to opening the course next spring. The Record has also learned they have agreed to keep the course open for at least three years in order to turn the now closed facility into a profitable business venture.

In a meeting held last week, the prospective new owners told a large number of area golfers that “we have dealt with the ins and outs and have succeeded in each and every endeavor we have encountered. We feel that a community supported project like this is the only way it can get back to its once great splendor.”

The $1,000 golf packages will be used as the initial start up funds to begin to bring the land back to a viable course.

When the course closed last year, Roberts sold the mowers and other equipment. The two new owners said they currently own enough equipment to furnish the course. Since that time the area has grown up in weeds and the 18 greens have not been mowed.

“We know the support has fallen off in recent years, but we think t hat can be turned around,” the new owners said in a prepared statement. “We are two dedicated buyers not looking to make a quick dollar, but rather want to see this place flourish for many years to come.”

For the rest of this story, read this week's Cadiz Record.
Click for Cadiz, Kentucky Forecast
Sponsored By:
Beaus Blog Logo
Read Beau's Daily Analysis