Golf course sells

Posted
Price not disclosed

Pagosa Springs Golf Club is now in the hands of a local corporation.

On the afternoon of July 2, Pagosa Western Property LLC purchased the golf course for an undisclosed amount from Northstar Bank in Denver.

Pagosa Western Property LLC was established on May 7 of this year and comprises two local men — John Janowski and Todd Starr.

“We think it’s a great asset for the community,” Starr said. “We don’t think it’s ever reached its potential.”

While the deed on the sale shows a $700,000 purchase price, Starr said there were other considerations, making that amount inaccurate. The pair did not disclose the actual purchase price with those considerations included.

The property was listed for $1.9 million with Northstar Bank, Starr said.

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