The sun set on Sunrise Golf Course this summer. Now, Madison County’s lone golf course is up for sale.
Tranzon Integrity Partners, a real estate auction company, has the golf course up for sale in a “hybrid sealed bid and on-line auction.” Sealed bids were due by Wednesday, Dec. 15. Top bidders will then be invited to bid online on Friday.
Frank Smith, of Tranzon, is listed as the contact on the auction website, but he had not returned a Journal phone call as of press time.
Tranzon Integrity Partners, a real estate auction company, has the golf course up for sale in a “hybrid sealed bid and on-line auction.” Sealed bids were due by Wednesday, Dec. 15. Top bidders will then be invited to bid online on Friday.
Frank Smith, of Tranzon, is listed as the contact on the auction website, but he had not returned a Journal phone call as of press time.
The 18-hole, 6,364-yard golf course is located on 135 acres, with a 2,400-square foot pro shop and 3,000 square foot maintenance building.
The sign posted at the entrance of Sunrise Golf Course says the property will sell “regardless of price with a bid of $475,000 or more.”
The course’s appraisal on Tranzon’s website is $900,000.
The Tranzon site has 45 photos of Sunrise Golf Course, which can be accessed by going to Tranzon.com and typing in “Colbert, Georgia” in the site search.
The course, formerly owned by developer John Byram, is now owned by BB&T.
Guess what folks? 2 years came and went and he didn't hammer THE FIRST NAIL.
Commissioners: Please look at ALL these developments (the disheveled, failed "Reserve" at Rogers Mill a PRIME example) that SO MANY OF US said at meetings ABSOLUTELY were WRONG and would FAIL and were COMPLETELY out of sorts with our land use plan. LEARN from your stupid mistakes. YOU helped cause this mess by not LISTENING to you constituents and instead listened to GREEDY IDIOTS who hurt the land. WE TOLD YOU SO! Why didn't you LISTEN?
LEARN. And don't repeat these dumb mistakes that everyone except the dummies with dollar signs in their eyes could see were OBVIOUSLY were in the wrong place, propped up by people living off BORROWED funds, and were DOOMED before they were even started. As you see, when the "developers" BORROWED money runs out, they cut and run and stick YOU and ME with the bill.
Let's allow the "golf course" (that's a stretch) to turn back into the cow pasture it more closely resembles and what is a far more appropriate and efficient use. It looks like a cow pasture now. Just need to put the cows on it. I'll give them $1,250 / acre and I won't even charge them to bulldoze the "pro shop."
"No one saw it coming." Yeah, right. We ALL saw it coming, and you can't say you didn't know because as someone pointed out WE TOLD YOU.
Was there conversations about things like derivatives and the impending collapse of the financial markets? If so,I'm impressed! If not,it just goes to show that a hundred whinning, squeaky wheels are annoying enough to prevent progress in our county.
Thanks for the civics lesson.
Drive through the one at Rogers Mill. You call that progress? Looks like a dump, unfinished, unsold, and will stay that way JUST LIKE WE SAID at every meeting where it was discussed. They didn't even finish it. They didn't even finish it. They should be held to account for their lies just like the golf course guy.
It does appear to be an insider job because ANYONE and EVERYONE with common sense could see and came to meetings and practically screamed not only is it out of sorts with our land use plan, it also WON'T WORK. Sooooooo obvious, but they approved it anyway. Oh well. Those clowns lost their behind! It is rather Karmic! They would still have their money if, instead of backroom dealing THE MAJORITY out of the equation they had only LISTENED. That's got to hurt knowing that if they had LISTENED they wouldn't be bankrupt now!
When he went to the BOC he had big plans and may have had good intentions? BUT that's all it was, A PLAN. You can't live on plans and good intentions.
All your smug ranting about who should have done what and to whom and when is just evidence that you really don't know what you're talking about to start with.
The guy, who may or may not be a smart businessman... certainly on this deal he was a loser... tried to change it from a failing course to something he could make some of his money from. If memory serves me, he didn't get his rezone. Whatever his backup plan was, I don't know. Obviously, in this economy, nothing worked and now the bank owns it.
If you think a more "appropriate and efficient" use of that land would be to put a cow pasture in what is virtually downtown Colbert, you're about as smart a businessman as Byram. Can you imagine the problems you would have with all the city transplants that would be surrounding your pasture?
Maybe you should take a look at all the "transplants" surrounding the "golf course" that certainly looks more like a cow pasture than a golf course. Half or maybe more of those houses are vacant or in foreclosure or soon will be. That only proves the obvious that cow pasture is better than shoddily built, vacant, overgrown foreclosed subdivided eyesores that are a burden on the responsible citizens who pay their mortgages and their taxes and pay them on time.
Score it:
Cow Pastures 1, Subdivision Golf Crap 0.
And that's a Win for the cow pastures and farmland.
If you've got lakeside property in the desert for sale - your opinion is obviously suspect since you're either a swindler and a crook or a moron who buys lakeside property in the desert for a resale investment.
Byram's golf course provided,jobs,entertainment, and tax revenue for the county for many years. To revel in the demise of this business just shows a complete lack of sensitivity or knowledge relative to the facts.
No one in their right mind would be building any houses in Madison Cty right now,regardless of approved zoning or not. This man tried for many years (while the economy was good) to get the zoning changed,only to be shot down by the BOC because of a vocal handful of whinny-babies that either wanted his business to remain as it was (for their pleasure) or because they have no life other than whinning.
All those subdivisions that you guys complain about provided your illiterate family members with a job painting,driving nails,and hanging sheetrock,etc.,etc,for the last twenty years. How stupid and ungrateful can you be?
Where is Billy Bob working now?
'nuff said.
I have been following the events of the golf course for a long time (nearly 25 years) and would like to share some of my comments and opinions about the situation.
First, in reference to who would build a golf course in Colbert, you can thank our Federal Government for funding the original construction of the "Jos-e-Lyn" golf course (not exactly sure of the spelling) back in the 60's.
The club was 9 holes and private. In the late 70's, the course when into bankruptcy and the FHA (I think) began foreclosure. It was bought by Jack Rhodes, a retired WWII disabled veteran MSGT, a "Golf Professional" who taught the game, rather than playing the circuit. Along with his membership in the PGA, Jack was a member of the Wilson Staff, schooled and certified in golf course horticulture and course operation. As a member of the United States Air Force his credentials earned him the position of Course Manager at bases in Orlando, Madrid (Spain), Homestead, Omaha, and after 22 years in the service, at the Cumberland Golf Course in Carlisle, Pa.
After taking on the financial obligation of the course, Jack did two things. He added the second 9 holes, and made it a public course. Madison Co now had a recreational course, club house, and swimming pool open to everyone. Jack ran the course the way he had learned it over the preceding 30+ years. Jack and his wife worked the course over the next decade; as homes were build beside the course and across the street. Finally it came time for him to really retire, and the course was sold to another professional golfer.
I do not have any animosity towards Mr. Bynum, but I think that if Jack had tried to open a real estate business, he might have encountered the same problems that Byrum did with the course. Anyone needs to understand the nature of the business, and the nature of your cliental, if you want to be successful. Jack supported the community, and his church. It was not a “if you build it, they will come” field of dreams to him.
I understand that there was an action last week. I hope that the course will go to someone who has a passion for the game, and knows how to return it to a profitable business. I believe that there is a place for this course in Colbert, adding jobs, paying taxes, and providing a place for those of us who can’t play tennis at the high school. I said that I was angry but polite. I have been polite in my comments about the course, but am angry that it was run into bankruptcy 50 years after being started, again by people who don’t know what they were doing. If you are a brain surgeon, stick to the operating room. Don’t try to be a rocket scientist too.
nuff said