Saddlebrook Resort

Wesley Chapel, FL

Property Characteristics

  • ±480-acre site in Wesley Chapel, Florida, consisting of ~500-key resort, two 18-hole Arnold Palmer-designed golf courses, 45 tennis courts, over 100,000 square feet of meeting space and a tennis academy where some of the world’s top tennis players trained, including Jim Courier, Pete Sampras, Jennifer Capriati, Martina Hingis, James Blake, Mardy Fish, Andy Roddick, Jack Sock, Bob & Mike Bryan, Alexander Zverev, Mischa Zverev and John Isner.
  • The property was originally developed in 1981 as a destination resort for publishing industry conferences and was state of the art at the time

Acquisition

  • March 2022

Investment Opportunity

  • High quality resort on significant amount of land with significant amenity base
  • Ability to drive performance through improved management and sales & marketing strategies aimed at bringing back group business that left the property as well as attracting leisure and social catering business
  • Upside through capital investment to restore resort’s grandeur