$19M Buys SeaCliff Country Club

HUNTINGTON BEACH, CA-O Hill Properties of Newport Beach, Calif. and its golf investment entity, Golf Realty Fund, acquired the SeaCliff Country Club in Huntington Beach for $19.1 million.

Broker Steve Abraham of Property Group International tells GlobeSt.com that O Hill, which also owns the Newport Beach Country Club, acquired the approximately 140-acre property from National Golf Operating Partnership LP. The selling partnership is an affiliate of Santa Monica-based National Golf Properties, a real estate investment trust.

Abraham, who represented the buyer, says the private country club will continue to be leased on a long-term basis to American Golf Corp., a sister company of National Golf, which operates the club.Besides an 18-hole championship golf course, Abraham says, the property includes a clubhouse, tennis courts, a swimming pool and a fitness center.