Turkey Creek Golf, LLC is a private company formed to raise capital to refurbish and reopen the old Plantation Oaks Golf Course in the Turkey Creek community of Alachua Florida. Turkey Creek Golf, LLC has secured a favorable 5 year lease from the TCMOA, the owners of the course since 2016. There are provisions in the lease to extend it’s term for two additional 5 year periods on a profit sharing basis.
Capitalization of Turkey Creek Golf, LLC is set at $500,000 and is divided into 100 member interest units, of $5000 value each. Each LLC member will own a percentage of Turkey Creek Golf, LLC based on the total number of interest units sold and the number of interest units owned by that member. Dividends will be paid based on the percentage of ownership. Subject to revenue, we anticipate a dividend within 3 years, however there is no guarantee on payment of dividends or return of principal for this investment.
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