Partners Joe Munsch of Evergreen Alliance Golf Ltd. and golfmogul Billy Walters of the Las Vegas-based Walters Golf have putHilda Allen, president of Hilda W. Allen Real Estate Inc. in Adel,GA, in charge of the sale. "Our seller is very motivated. Thepartners have other interests. It's not in their portfolio orbailiwick to continue to operate this," she says. "They wanted toshorten the holding period and reduce the holding cost so we choseto market it with an accelerated marketing approach." The sale isset for Aug. 10 at 10 a.m. in the Omni Park West Hotel at 1590 LBJFreeway in Dallas.

Allen tells GlobeSt.com that she expects two to five biddersbased on the interest level from tour appointments. There is nominimum, but the sellers reserve the right to reject an offer. It'salso predicted that one buyer will take all.

Based on comps for comparable properties, the course and6,000-sf clubhouse should yield $3 million to $5 million, with theante likely to go due to the extra developable land. The course'sacreage is leased for the long from the Sabine River Authority ofTexas.